A LOTTERY expert has warned against playing multi-million dollar jackpots before revealing the best way to win big bucks.
Rich Wheeler, president of Lottery Now, revealed to the US Sun that it is better to watch the locals lotto games instead of shooting for national prizes.
“Someone always ends up winning Mega Millions or Powerball, but your chances of being struck by lightning are greater than winning them,” Wheeler exclusively said to the Sun.
Players have approximately a 1 in 300 million chance of winning one of these jackpots, according to Mega Millions website.
That’s a pipe dream compared to the 9 million chance you have of being struck twice by lightning.
Wheeler, who has worked with lotteries around the world for nearly 15 years, told The Sun that you can still try your luck at cheap games with big rewards if you look at state lotteries.
The jackpot expert said that states like New York, for example, have “six or seven other styles of draw games that are picked at different frequencies.”
“So some are drawn a few times a day and some games are drawn a few times a week, but essentially the concept is the same,” Wheeler said of comparing it to big national draw games.
A draw game, like Powerball, is a game where you pay a flat rate for a ticket and write down numbers of your choice.
Lotto players may not know that many states have their own draw games that have a much better chance of winning compared to their national counterparts.
For example, Wheeler said that there is an everyday game in California called Fantasy 5 with only a 1 in 500,000 chance that could still win you a life-changing prize.
“Now the jackpot won’t be as big, but they tend to have better odds than those big wild games of hundreds of millions of dollars,” Wheeler told The Sun.
Scratch Card Tips
While draw games have some of the biggest jackpots, scratch cards have the best odds of winning, but that comes at a price.
“The best chance you have of winning the lottery, unfortunately, is to buy the most expensive scratch ticket you can find,” Wheeler said.
While draw games are usually only a few dollars per ticket, scratch cards can range from $1 to $30.
“There’s a reason for that,” Wheeler said of expensive ticket pay rates.
“If you pay more for a ticket or a game or a bet, it’s usually designed by the operator to have the highest payout associated with it.
“So a $1 payout is likely to be in the 50% range while a $30 bill will return an average of 83%.”
However, $30 is a lot of money to spend on the lottery at a time, so Wheeler said he usually sticks to the cheapest draw games.
“My philosophy is that the lottery should be about a lot of people spending a relatively small amount of money for some form of entertainment and thrill, and you’re giving back to a good cause,” Wheeler said.
Rich Wheeler helped develop a service called Lotto Mido which allows players in certain states to play draw games on their phones.