How to Win the Lottery: The Winning Strategy to Earn You Millions

admin | October 25, 2018 | 0 | Boost Your Net Worth , Trending Net Worth Topics

The biggest Mega Millions lottery is around the corner, $2.2 billion dollars is up for grabs. They say the chances of winning are in the quintillions — whatever that means. Most of us who play the lottery don’t care if we’re more likely to get struck by lightning; we want to get lucky.

Playing this game may feel random, but there is a strategy on how to win the lottery. You may not be able to control the numbers coming out of the machine, but you can improve your odds in a few different ways.

If you’re going to play regularly, get the most for your investment using this guide.

Pick the Best Games

The lottery has expanded to include many different games. Scratch-offs, nightly drawings, weekly contests, and online giveaways are all lotteries. Each state has its own lottery as well as international games.

You should learn more about each type of lottery game and the odds that accompany them. If you only play the “big one” in your state or country, you might be losing out on better odds elsewhere.

Don’t Play All Birthdays

For the love of all things good, don’t play like the millions of others out there. Unless you want to increase your chances of sharing the money, play a combination of high numbers and whatever birthdays you want. You’re just limiting your rage by sticking to calendar numbers.

All numbers have the same chance of being picked, but most numbers played fall into the under 31 range. Throw in some high numbers and consecutive numbers as these are the least played by humans. 70 percent of all winning tickets are chosen randomly via “quick pick” selection.

That means that many people aren’t selecting “rare” number sequences on their own.

Try Joining Pools

If you’re not the only one at work who likes to play the lottery, consider pooling together all your tickets. Everyone increases their odds exponentially without spending more on each drawing. Make sure you’re taking necessary precautions to avoid distrust and possibly cheating.

Designate a leader, collect payments digitally, and keep an email list of all members so nobody misses anything. Physical tickets should be copied and signed for new lottery pools. This keeps everyone honest and doesn’t put work relationships at risk.

Don’t Lose Track of Tickets

If you’re playing a lot of different lotteries at once, don’t make the mistake of missing your winnings. This is more of a problem with those who play a bunch of scratch-offs or small lotteries, but it happens with state lotteries too.

The best advice for those who are forgetful and/or disorganized is to never stick your ticket in your wallet or purse. Instead, take your ticket and place it in a designated spot on your counter, table, or fridge. Also, make sure you don’t accidentally stuff your ticket into a grocery bag.

Look for Bonuses and Second Chances

Just because you didn’t have the winning ticket, it doesn’t mean you still can’t win. Many states have what are called second-chance games. This usually happens when there hasn’t been a winner in a long time.

The prize pools are usually much smaller, but it’s still a nice way to increase your odds of winning. On a similar note, we recommend playing lotteries that have combination prizes and reward big players. Only play the scratch-off games at locations where there are still unclaimed prizes.

Hold On after the Drawing

A lot of people throw out their lottery tickets after a drawing, but that doesn’t mean that the tickets are worthless. Perhaps they didn’t bother to check the numbers, they checked the wrong drawing, or they misread the winning numbers.

If you find a discarded lottery ticket, it’s worth taking the time to double-check.

Even if the discarded ticket is a loser, there’s a chance you could still win with it. If there’s a second-chance drawing associated with the lottery game, you can use the tickets to enter, giving you more chances to win.

Reinvest Your Winnings

If you’re playing scratch-offs, there’s a trick to winning more: reinvest it back in the same game.

Here’s the deal, if you’re playing small lotteries in hopes of just winning beer money, you’re going to be disappointed. There is a distinct advantage in playing higher amounts for small lotteries.

Buying one or two scratch-offs to win a few bucks feels good for like two minutes. Winning, re-rolling, and winning bigger amounts is how you game the system. The trick is turning that $5 into $20, and going for the $1,000+ payouts.

This is essentially like tossing a few bucks each week at the big lotteries, but with a much higher shot at winning the big prize. It just happens that the biggest prizes aren’t going to be millions of dollars. Growing your net worth takes time, patience, and dedication.

How to Win the Lottery (and Keep It)

The prospect of winning millions of dollars, let alone a billion, is unbelievable. When it does happen, people’s lives are changed dramatically, sometimes for the worse. Within a few years, 70 percent of people lose all their winnings.

Preparing on how to win the lottery should be accompanied with preparing how to keep it. Look into opening a trust so that you can remain anonymous. You don’t need to claim the winnings in your name — and you shouldn’t.

Research financial planners as you’ll want to know where to safely put your money so you don’t lose track of it. When you’ve done all of that, start looking into the lives of wealthy people and how they keep their wealth.

Visit Net Worth Box to read about the habits of rich people, and put your intentions out there!