Lottery Odds
One of the most significant ways to win a lottery is to play strategically after figuring out their chances of winning. It is one way of selecting the best lotteries that you can join and strive to win because, in the end, it is all about trying out your luck.
In this article, we are about to find out your chances of winning the two most popular and the biggest lotteries in the world. One is the Powerball and the second one is the Megamillions.
Know more about Powerball and Mega Millions
The Powerball lottery is an American lottery game that is offered by 45 states, the Columbia district, Puerto Rico and the US Virgin Island. This lottery is held by a multi-state Lottery Association (MUSL), which is a non-profit organization that advertises a jackpot of about $40 million. But people may also win higher than the declared amount. This lottery is held on Wednesday and Saturday of every week at 10.59 P.M.
Mega Million is another most popular lottery game that has been offered to six states. The lottery is held at 11 PM at Eastern Time every Tuesday and Friday evening, including holidays. The most considerable winning history was $1.537 billion for October 2018. Both of these games have almost the same basic where every drawing includes drawing out five main balls from a pool of different other numbers plus an extra ball drawn from another pool of numbers. For the Mega Million lottery, the first five balls are drawn from a pool of a total of 70 balls, and the other pool is of 25 balls. However, each of these shots cost around $2 or $3 per play.
What are your probabilities of winning the lottery?
The chance of winning this lottery is like one in 292, 201, 338 chances. If you, by any chance, get to win a Powerball Jackpot, then you must consider yourself extremely lucky. Now, if you are wondering about the origin of this phone number type estimate, then you must learn the exact math form our website. Now speaking about winning the Mega Millions, the chances of your winning is one in 302, 575, 350, which is again a freaking least probability of winning. Each of these games has its pros and cons.
But, if you compare the winning chances in comparison to each other (between two lotteries), then it is evident that your winning chances are slightly better with the Powerball than with the Mega Millions. But winning the top prize for either lottery is the longest of a long shot. So if you want to choose the best between Powerball and Mega Millions, then you must select the one that is more convenient for you to play. Never worry about winning or losing because thousands of players regularly participate in either or both of these games. Why? Probably to try out their luck and become a multi-millionaire!