Why do people focus on big jackpots rather than odds?

No-one’s ever disappointed when they win the lottery, and it doesn’t matter which lottery it is. There has to be an incentive for people to play, and if there’s just no great lump sum waiting for the winner to collect once the draw has been made, then no-one’s going to buy a ticket. So all lotteries have a sizeable sum of cash for the winners. But of course, some offer more than others -- in some cases, it’s a truly eye-watering amount. One mistake that some people make is that they always opt for the lotteries with big jackpots, even though this might not be the best option for them.

Playing smart

A lottery that has the biggest prize is always going to get a lot of attention. They’re the ones that everyone wants to win, but, because this is the case, it’s also the one that most people play -- and thus, getting your hands on the top prize is even more difficult. Additionally, some of the rules of the game, such as how many numbers you need to win, than the ones with a lesser cash prize. As such, it’s important to look at the odds of winning before playing.

Life-changing versus universe changing

But before we get to the odds, let’s think about what draws people to play the lotteries with the biggest jackpots compared to the ones that’ll give them the best chance of winning. Could it come down to a simple attraction to the bigger number? It does, of course, sound more appealing to win $100 million than $4 million. But let’s not kid ourselves, unless you’re a billionaire, that $4 million would still change your life dramatically. The bigger sum would be less life-changing, more than universe changing. People are always drawn to fantasy numbers that seem to come from outer space, but sometimes it’s worthwhile keeping things a little more down to earth.

Why do people focus on big jackpots rather than odds?

Big jackpot winners

That’s not to say it’s not worth looking at the big winner lotteries from time to time. It’s just maybe they shouldn’t be the only thing on your mind; it’s better to have a mix. If you are attracted to those earth-shattering sums of money, then you won’t have to look far to find a game. There are some gigantic prizes to be won! For example, the winner of El Gordo receives around $720 million. The US Mega Millions winner gets around $150 million.

Odds

So we’ve talked a lot about how it’s important to play the odds when it comes to the lottery, or at least have some knowledge of what they are before taking a figurative roll of the dice. The best lottery if you want to see a return is the UK Lotto, in which you’ll have a 1 in 9.3 chance of winning; Euromillions, at 1 in 13, is also good. Megamillions give you a 1 in 14.7 chance, while the Powerball is 1 in 24.8. The SuperEnaLotto is 1 in 314 chance.



This post was written by
Jason L - who has written 2687 articles
You need to be logged in to post a comment
Comment with Facebook
Support Rating SRC Comodo Underage

Terms and conditions | Privacy policy
This website is owned and operated by Secure View Services Limited, of 3rd Floor, Methonis Tower 73, Archbishop Makarios Avenue, 2082, Nicosia, Cyprus using the Curacao gaming license (No: 8048/JAZ) of its holding company Play UK Internet N.V.

© 2019 Play UK Internet N.V