Selecting the lottery game of your choice can be a personal decision. Some may aim for larger jackpots while others would rather focus on smaller prizes with greater odds of success. In this article we’ll explore which lotto games offer the greatest chance of success and why.
As soon as deciding to play lottery, one of the first things to take into account is jackpot size. While this might appear straightforward, this process can actually be more complex than first anticipated as many factors come into play when calculating odds for winning jackpots such as ticket sales volume and total prize pool amount.
Consider both the size and price of tickets when evaluating lottery games with high winning odds, in particular. As a general guideline, higher jackpot prizes tend to result in more expensive tickets; especially true of lotteries offering multiple ways of winning.
As a general guideline, aim for jackpot prizes that return 80%-90 cents of what you spend on tickets as the optimal target prize pool. This gives you an excellent chance of recouping more of what you spent while also improving your odds of hitting the jackpot. However, even if big prizes aren’t for you there are ways to boost your odds with smaller jackpots and lottery games that may increase winning chances.
Once you know which lottery games provide the highest odds, it’s important to compare odds between each. One way of doing so is visiting each lottery company’s official website and gathering a) typical jackpot amount and b) odds for winning that prize – information readily available across state-based lotteries that allows for informed decision-making about which lottery game(s) to choose.
To select the lottery game with the highest odds of success, it’s necessary to understand how its odds are calculated. This involves multiplication, division and factorials – something most players find daunting. To help ease the process, we have put together a table listing odds for winning some common lottery prize levels from state-based lotteries.
Two lottery games that offer the best chances of winning are 2by2 and Colorado Cash 5 (1 in 6 odds). Texas All or Nothing comes in third, followed by Northstar Cash and Lotto America before New York Cash 4 Life rounds out this list with 1 in 7 odds. Some of these lotteries also provide additional special features such as ticket refunds or prize multipliers to increase non-jackpot wins; these additional special features won’t change your overall odds but may add extra fun when gaming.