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Home » Entertainment » Gambling » Are Lotteries Really Worthwhile

wstaton
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Are Lotteries Really Worthwhile

Submitted by wstaton
Mon, 16 Feb 2009

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Before we talk about something new to the lotteries scene there are a few facts that are generally not known about the distribution of lottery money.

The average punter spends US$8 - $10 a week on lottery tickets. The division of money as prizes from the pool of money collected by lotteries is.

60.9% of lotteries only deliver 0 – 25% of the money to the prize pool.
(Zero is because some of them are scams)

29.9% of lotteries deliver 26 – 50% of the money to the prize pool.

9.2% of lotteries deliver over 51% of the money to the prize pool.

How much does your current lottery return to the prize pool? If you checked you may be unpleasantly surprised.

Not only do some lotteries give measly returns to the prize money pool most of them give only one prize. This makes the pot look big. Having a big single prize certainly entices punters to the lottery, never mind that they may be only giving 25% of the money as a prize.

So off we go buying these lottery tickets on the off chance that we may win that elusive jackpot. There is also that hidden thing that some lotteries may be rigged especially online ones.

What are the odds of winning a prize in the conventional lotteries. What would change your life, winning 50 million dollars or a much better chance of winning 500,000 dollars. I tell you what, I would much prefer having more chances at winning half a million than the impossible chance of winning 50 million. Apart from that I think winning 50 million would not improve my quality of life over winning 500,000.

Is there anyway of improving your chances of getting any money from lotteries? Are there any online lotteries out there that you can be sure that the results are not rigged?

What if I told you that there is a lottery that returns 40% of the money collected as prizes and gives prizes at 4 levels. Hmm! Only 40% you say even if there are four chances of winning. They still get 60% for running the lottery. Not so, It also returns another 40% of the returns back to punters who introduce others to the lottery. On top of this they have an amazing way of pulling the numbers that is impossible to rig.

It is so unique that if the people you introduce win you also win.

There is something new to the Lotteries field. All you have to do is find it.

--

 

Wilf just loves lotteries but decries the lack of winning. He started this blog to identify how to win and how not to lose in a lottery.
You can find his blog at NSW Lotteries


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