Lotteries: is it worthy to even try to win?
Lotteries are incredibly popular all over the world. People from all different ages are playing it, hoping to win some easy cash. After all, it sounds really simple – you buy a ticket and you’re already in the game. But is it worthy to even try it? Let’s talk a little bit about this during our roulette lucky numbers article for today.
Speaking about this subject, the USC math professor Kenneth Alexander is saying that playing the lottery does not even make a financial sense. The odds of the game are so much against you that it’d be a pure miracle if you win. What he suggest is to play the lottery mainly for fun and to enjoy this feeling that you could hypothetically win. But most likely it’s just not going to happen.
The odds are a big proof for this.
Let’s take the Powerball lottery for example. The numbers are saying that your odds of winning the big jackpot look like this: 1 in 292,201,338. How do you like it?
On the other hand the Mega Millions lottery is giving you a 1 in 302,575,350 chance to claim the biggest prize. Oh God, it’s even worse now. Just to make a comparison, the chance of you getting struck by a lightining is equal to 1 to 700,000.
Many people that buying as much tickets as possible is going to improve their chances of winning the lottery. Sorry, but professor Alexander is using the power of math and he has bad news for you – it won’t. Actually, he says that even if you were buying 1,800 tickets per week since the birth of Jesus Christ, your chances of claiming the jackpot would be “better than even” that you will still not win.
In conclusion in another one of our roulette lucky numbers article we can say that you can do a lot of better things with your money than playing the lottery. That’s our tip: if you love to gamble, develop some skills and invest time and money in becoming a master. This will give you a lot better chance for becoming a rich man.