Lottery Odds and Probability

You'll have to understand how the odds arw deployed in most lottery structures so you can decrease odds against you...

There are many people who question the odds of a lottery win and no one plays in a lottery knowing that the odds for certain are in their favor. When you are playing lottery you must note that these odds are invariable against you but despite this fact someone lands up winning. Now the question arises is that can that “person winning” be you without the consideration of the large odds that are stacked against you? 

The answer to the above question is “yes”. You do have a way of finding out the odds that are deployed in most lottery structures besides methods of covering sets of numbers that are better and how you can methodically decrease odds against you. The following will guide you on how it can be done successfully and enhance your chances of winning.

The first thing that you should note is that the probability of winning the lottery you have actually selected depends on the number of the separate numbers that are drawn as well as the total population of numbers they are generally drawn from. The smaller the population the fewer are the possible outcomes.

Like, for instance, the Canadian lottery is 6/49 where 6 numbers are drawn from a total sum of 49 balls with the numbers of one to 49. You will find the following probability here- 1 in 13, 983,816.

Before the 1st ball is drawn randomly you will find that there are 49 balls in the hopper. The first ball with its number is put aside and now there are 48 balls left in the hopper. Subsequently with each one being drawn its total reduces proportionally. This process continues till there are 44 balls in the hopper when the 6th winning number is drawn. The Canadian system 6/49 tends to draw a bonus ball that is drawn from the remaining balls after the 6th ball is drawn. This Bonus number is sued to choose a second tier winner and this has amounted to over $693,000.00.

The Irish lottery system, on the other hand, is 6/42 where 6 numbers need to be drawn from 42 balls. This in turn reduces the odds to 1 in 5,245,786. In the US PowerBall draws it is 5/45. After this the 1st number is drawn from a separate set of balls that are numbered from 1-42. This results in the odds here being 1 in 80,089,128.

Thus, in conclusion we can see that these odds are very long and incomprehensive to some extent. This is why the chances of winning are remote. The lotteries here accumulate and when the jackpot is hit, it is huge. However, the truth is that when someone wins it means that he/she has bought a ticket. There are many individuals who think they are dreaming and often discount chances of winning. The truth is you can win and it does happen. This gives you reason to buy lottery tickets especially when there is a big jackpot to merit and catch your valued attention!