Types Of Lottery Tickets In Kansas

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Many dream of winning the lottery, but there are several methods that individuals have used in order to win. Is it coincidence or a method to the madness?

The lottery ticket types with the best chances of winning. Picture: The LottSource:Supplied

Almost half of all Australian adults are expected to have a ticket for tonight’s record-breaking Powerball draw.

But while the odds of pocketing the lot aren’t exactly in your favour, it turns out there are ways to dramatically boost your chances of winning.

According to The Lott spokeswoman Bronwyn Spencer, the key could come down to understanding the different lottery ticket types that are available to punters.

For example, the chance of winning tonight’s $150 million prize — the largest sum ever offered by a lottery game in this country — is around 1-in-134 million if you buy a single-game entry.

Meanwhile, the chance of winning Powerball with a 12-game entry — which costs $14.50 and is the cost popular option — is about 1-in-11 million.

It was also the ticket type used by Australia’s current record-holding lottery winner, a Sydney mum who scored $107 million in January.

Ms Spencer said one of the best ways of increasing your odds was to buy more games.

The smallest entry you can get in Powerball is a four-game entry — but more than a third of this year’s division one winning entries have been 25-game entries.

And while many lottery players agonise over whether they should choose their own numbers or have them randomly selected for them, it turns out there has been an even split of winners between the two options so far this year.

Should you bother buying a ticket for tonight’s draw? Picture: The LottSource:Supplied

POWERHIT

But Ms Spencer said one key strategy was to opt for PowerHit entries, which at $24 costs $9.50 more than the most popular 12-game entry.

However, it means that if all your numbers are drawn, the all-important Powerball is also guaranteed.

“During the past eight weeks, we’ve had 46 division two winners. These players had all the winning numbers but not the Powerball number. If just one of these players had purchased a PowerHit entry, they would be multi-millionaires,” Ms Spencer explained.

“While the PowerHit entry may only look like one line on your ticket, players should remember that this type of entry is actually 20 games which consist of the same seven numbers but each game has a different Powerball number from one to 20.

“This means if you do score the division one prize, you will also snag division two a massive 19 times which would bolster your prize dramatically.”

She said a quarter of Powerball division one winners this year held PowerHit entries.

OTHER TYPES

Other types that could increase your chance of wining include System and Pick entries.

“A System entry allows you to pick more numbers from the main barrel of 1 to 35. For example, a System 10 entry gives you every seven-number combination of those 10 numbers. There’s even a PowerHit System entry that not only allows you to pick more numbers from the main barrel but also guarantees the Powerball number,” Ms Spencer said.

“Another entry people may not be aware of is the Pick entry, which guarantees you either one or two of the winning numbers.”

Ms Spencer said these types were popular choices for syndicates among family, friends and colleagues.

BUT SHOULD YOU BOTHER?

According to financial adviser Kyle Frost from Millenial Indpenedent Advice, lottery tickets are on the “low end of the gambling scale” and unlikely to have a serious impact on your financial future — in moderation.

“I don’t see an issue with buying lottery tickets as long as they are budgeted for and you know the implications and that the odds are stacked against you — there’s a really small chance of winning a life-changing amount and you would be better off to save those lotto expenses or invest them,” he said.

Mr Frost said as long as your lottery habit wasn’t affecting your ability to pay your bills, it was probably relatively harmless — but he said most people would be better off investing the cash and getting smaller but more guaranteed financial “wins” that way.

He also warned of many cases of lucky lottery winners who ended up frittering away their fortunes because they weren’t used to handling that much cash instantly.

“A lot of winners aren’t used to managing wealth and within a few years they lose it all because of frivolous spending and family expectations, so is it really as life-changing as you think it was going to be?” he said.

And according to Foster Ramsay Finance principal Chris Foster-Ramsay, a regular lottery habit could even impact your chances of securing a home loan or how much you could ultimately be allowed to borrow.

He told news.com.au a $20 ticket once a month would be unlikely to raise red flags but that larger, regular expenses could come back to bite you.

“We’re required to ask questions about (spending) and pick up patterns, so while the Powerball tonight is not an issue, or even tickets bought once a month, where a lender can draw the line is in terms of regular behaviour,” he said.

“It’s not so much about ‘does this person have a problem?’ but … it means that because your living expenses are higher, your potential borrowing capacity is less and you may not be able to buy the home or get the amount you need to borrow.”

The Ticket: Each minimum $5 play provides three lines of 7 numbers.
The Jackpot: Starts at $10 million and can grow to $70 million.
The Draw: Every Tuesday and Friday. Simply purchase a ticket at a participating retailer by 10:30 p.m. EST on the draw date to participate in that day’s draw.
The Odds: Main Jackpot: 33,294,800 per $5 play.

Bonus Feature

When the LOTTO MAX jackpot reaches and exceeds $50 million, additional $1 million prizes are offered, called MAXMILLIONS. When MAXMILLIONS prizes are available, your Lotto Max ticket not only gives you a chance at the main jackpot but it also gives you a chance to win any of the $1 million MAXMILLIONS draws on the same date, automatically with purchase. .

LOTTO 6/49

The Ticket: Each play costs $3 and includes one set of 6 numbers ranging from 1 to 49 for the main jackpot plus a 10-digit set of numbers for the $1-million guaranteed prize draw.
The Main Jackpot: Starts at $5 million and grows until it’s won. There is no capped maximum amount to the jackpot.
The Draw: Every Wednesday and Saturday. Simply purchase a ticket at a participating retailer by 10:30 p.m. EST on the draw date.
The Odds: Main Jackpot: 1 in 13,983,816 per $3 play. For more information on odds, visit OLG.ca.

Special Feature

LOTTO 6/49 will sometimes offer a Guaranteed Prize Draw for a smaller jackpot of $1 million. This exciting extra feature, included in a $3 play, guarantees at least one winning ticket among the tickets sold for the draw.

The Ticket: Two sets of six numbers ranging from 1-45 for two chances to win the main jackpot per $1 play.
The Main Jackpot: Starts at $250,000 and grows until it’s won. There is no capped maximum amount to the jackpot.
The Draw: Every Saturday. Simply purchase a ticket at a participating retailer by 10:30 p.m. EST on the draw date.
The Odds: Main Jackpot: 1 in 4,072,530 per $1 play.

Special Feature

The Early Bird draw provides another chance to win. To be entered in the $50,000 Early Bird Draw, just buy a ticket at a participating retailer before 11:59:59 p.m. ET on a Friday.

Types Of Lottery Tickets In Georgia

Ontario 49

The Ticket: Play 6 numbers from 1 to 49 the same as LOTTO 6/49. Each play costs $1.

The Jackpot: A guaranteed $2-million Jackpot for every draw, twice per week.

The Draw: Every Wednesday and Saturday. Simply purchase a ticket at a participating retailer by 10:30 p.m. EST on the draw date.

The Odds: Main Jackpot: 1 in 13,983,816 per $1 play.

Buy Lottery Tickets Online

The Ticket: 5 main numbers ranging from 1 to 49, and 1 grand number ranging from 1 to 7 costs $3.
The Jackpot: $1,000 a day for life.
The Draw: Every Monday and Thursday. Simply purchase a ticket at a participating retailer by 10:30 p.m. EST on the draw date.
The Odds: Main Jackpot: 1 in 13,348,188 per $3 play.

For more information on Daily Grand and ways to play, visit OLG.ca.

Types Of Lottery Tickets In Texas

Encore

The Ticket: A bonus game attached to another draw-based lottery game that offers an extra chance to win for $1. Receive an additional set of numbers to match against the ENCORE draw. You can play up to ten times per ticket.
The Jackpot: $1 million.
The Draw: The ENCORE draw is at the same time as the original game selected. Check the draw dates for the chosen game.
The Odds: Overall odds of winning any prize are 1 in 9.17.

Tip

ENCORE numbers are randomly selected by the lottery terminal. They can’t be selected by players, and are drawn on the same day as the draw for the main lottery game selected. Only one set of ENCORE numbers is drawn and applies to all games.

Different Types Of Lottery Tickets

What Kind Of Player Are You?

Types Of Lottery Tickets

Which games best suit your play style? One way to find out is to try a few different games. You can also take this fun and easy quiz.