Using these strategies in your next lottery ticket purchase might just make you the next winner.
Winning the lottery is a dream many have yet to accomplish. All the debts paid, money secured for your retirement and maybe, even that trip of a lifetime you have always dreamed of. For others, such as Richard Lustig, winning the lottery for the eighth time would be just a great use of his strategies. He even wrote a book called “Learn to increase your chances of winning the Lottery”, after winning the lottery seven times. Mathematically speaking, winning the lottery is a 1 in 292 million occurrence, so the fact that this man has won 7 times is astonishing.
So what do you need to become the next Richard Lustig? Or even yet, beat Richard Lustig’s record? The following strategies will help you become possibly the next lottery winner.
Once you become a lottery winner, be aware of the tax that needs to be paid from your winnings. Choosing between the two payout options: lump sum or annuity brings about different tax and earnings. To calculate your earnings from the prize, use the Powerball payout calculator.
Quick pick option
The option of Quick Pick is probably the easiest way to choose numbers as there is no mathematics or probabilities involved. Let the computer pick the numbers for you. Easy and quick.
Using this option, around 70% of Powerball winners have won, so the Quick Pick option is of some use. Why does it have such a high success rate? When playing Powerball, the numbers are picked at random, so the numbers on your ticket being picked at random increases your chances.
Using the entire board of numbers
Using your true and trusted lucky numbers of birthdays, anniversaries or other special occasions means that those same numbers very likely are shared with some hundreds if not thousands of other people at minimum. Although the dates are special to you, those same dates are probably also very special to someone else. Dates only run from numbers 1 to 31, and the chances of only those numbers being picked is slim.
Instead, Richard Lustig advices to play all the numbers available on the board. By spreading out the numbers across the whole board, when winning the prize, it will only be shared with one or two people or you will be the lucky sole winner.
Commit to the numbers
Your instincts will guide you on what numbers you ‘feel’ are best, most comfortable or from your experience have been played the most. Once you choose your numbers, commit to them. Changing your numbers instead of following your instincts shows a lack of confidence that in the end will not help you win.
Choose your numbers and if you wish to have some variety, play multiple cards. This will maximize your odds with your numbers and increase your probability of winning.
Be consistent…
Your odds of winning a game comes from the practice and knowledge of playing the game. Once you understand the way the game works and what works best for you, you can tailor the game to your benefit. Playing the game increases your chances of winning.
…but don’t try to keep up with the Jones’
Be aware of how much money you currently are able to spend playing Powerball. You haven’t won the lottery yet. Always keep in mind your expenses and the budgeted amount to spend on becoming the next lottery winner.
Conclusion
Using strategies suggested by Richard Lustig and other lottery experts is a great way to increase your chances of becoming the next lottery winner. Keep in mind that playing the game and following your instincts and knowledge are the best strategies to use in any game.
