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Lottery 101: Tips and Guidelines in Playing

Everybody wants to win the lottery, but it seems that the chances of winning are so slim and almost impossible. It is believed that the lottery that offered cash prizes originated in Italy in the 16th century. It was known as the Lotto de Firenze, or “Lotto,” which spread to the United States and other countries. Lotto is a game of luck, and any person can win regardless of educational status and employment status.

While there’s no specific system that can make you guarantee you a win, there are tips and guidelines in playing the lottery that can help you increase your chances of winning the jackpot prize. Here are some tips on how to play the lottery and the different tools that you can use.

Frequency Analysis or Tracking

This method is one of the most popular lottery strategies which involves monitoring the individual numbers being drawn and keeping a journal of how numbers appear in a specific period. It is similar to handicapping a racehorse, wherein the performance is rated to determine the likelihood or chances of winning in the future. You can also use the frequency analysis method on online lottery sites, such as LottoGo, for a more enjoyable online lottery experience.

Lotto organizers try their best to ensure that random numbers are drawn every time, and patterns are regarded as coincidences. While there is no secret formula to win Lotto, the first lottery winner in Texas who won more than $21 million was a lottery tracker! With that being said, here’s how you can do a frequency analysis or Lotto tracking:

  • Create a table in a notebook and start monitoring the winning combinations in the past six months. Over time, you’ll come up with useful data from your Lotto journal.
  • The numbers that usually appear in a specific lotto game are referred to as “hot numbers.” Once column should be dedicated for these numbers so you can easily see them with the dates included for tracking purposes.
  • Some players believe that “hot numbers” might be out over time, so they focus on tracking “cold numbers” or the ones that have not hit yet. Designate a column for “cold numbers” in your journal.
  • Many believe that winning lottery involves playing a combination of hot and cold numbers.
  • You can also incorporate your own preferred numbers (e.g., birthdates, wedding anniversary) into the hot and cold numbers as you desire.

Wheeling Lottery Strategy

Experts say that the wheeling lottery strategy can help you lock in your favorite numbers and increase your chances of winning. It is a strategy wherein you use all your favorite numbers appropriately. Here’s how:

  • Create a master list of your favorite numbers or best picks.
  • Play the numbers with the use of a coded system in different combinations, such as a round robin.
  • While none of the combinations can guarantee a jackpot, some wheels carry certain win guarantees; for instance, if four out of the six winning numbers are included in your master list, then you get a certain amount of prize.
  • You may buy wheels from specialists who sell wheel blanks in different designs (e.g., graphs, grids, triangles, or circles) with various coding types, such as alphabetical.
  • Blank wheels provide different coded combinations, and you have to fill in the blacks with your desired numbers.
  • You also have the option to create your wheels if you feel confident with your numbers or you favor some numbers.

Join a Lottery Club or Pooling

“Pooling” is a strategy that stretches available resources from all members to bet on a commonly agreed lotto combination to increase the number of tickets and the chances of winning. All members will have an equal amount of prize or comply with anything agreed upon for any winnings. Here’s how to create a pool:

  • Create a private pool with 15 members or even less. The members are people you know and trust, such as family and friends.
  • Join a commercially operated pool (up to 100 members) managed by trustworthy professionals.

Special Software

Computer software programs are now available online as well as gambling-oriented publications that offer number selections for wheeling, astrology-based systems, and databases. If you’re tech-savvy, you may opt to use these tools.

There are other ways to increase your chances to win Lotto such as odd-even number analysis, or determining the frequency of appearance of odd and even numbers. Another is pairs or doubles analysis, which determines the frequency of a certain pair or a combination of numbers appearing together. While there is no sure way to win the lottery, knowing how a game is played, the rules, and guidelines and applying these tips are highly beneficial, in increasing your chance of becoming the next lottery jackpot winner!

Lottery 101: Tips and Guidelines in Playing Everybody wants to win the lottery, but it seems that the chances of winning are so slim and almost impossible. It is believed that the lottery that

Lottery 101: If you win Powerball jackpot, what to know about lump sums, office pools and more

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The Powerball jackpot has topped $1.5 billion for today’s drawing.

The Powerball jackpot has topped $1.5 billion for today’s drawing.

The Powerball jackpot has topped $1.5 billion for today’s drawing.

There’s $1.586 billion in the Powerball jackpot tonight, so yeah, today’s the day your life changes forever.

Or actually – and we feel bad breaking this to you – almost certainly not.

It’s only – only? – a 1 in 292 million shot.

The numbers drawn the for jackpot were: 4, 8, 19, 27, 34 and a Powerball of 10.

Still, until it’s known that the winner is absolutely not you, let’s agree that today is the day when everything changes.

Here’s what you’ll need to know:

A SINGLE PRIZE WOULD MAKE HISTORY

If a single winning ticket is sold, this easily will be the biggest lottery payoff in U.S. history and, depending on how you slice it, the world. There was a $2 billion-plus lottery in Spain a few years ago, but it was split up by about 1,000 Spaniards.

That said, you don’t get to take home the whole $1.5 billion, at least not all at once. You can collect that amount only if you choose the annual payment payout, a deal that gets you impossibly huge checks every year for the next 30 years. And, yes, if you have the misfortune to go to the great Powerball in the sky during this period, the checks will keep going to your heirs.

If you choose the cash-me-out now option of an immediate lump-sum payout, you’ll walk off with a pretax check for $930 million. And after you’ve paid federal taxes on that (California doesn’t impose a state tax on lottery winnings) you’ll have to scrape by on $562 million.

And here you thought you were going to be a billionaire.

DON’T RUSH YOUR REACTION

When you win the Powerball tonight, do you:

A) Run out in the street in your boxers hootin’ and a-hollerin’

B) Post a picture of your winning ticket on Facebook

C) Gather your immediate family around and swear them to secrecy on penalty of disinheritance

The correct answer, most lottery experts say, is closer to C than anything else.

Don’t broadcast your incredibly good fortune unless you want every con artist, grifter, elementary school sweetheart and alleged third cousin on your doorstep. Do keep quiet about it until you can plan for that safe full of Acme gold bars that’s about to fall on your head.

“The biggest mistake is that people rush,” said Michael Kosnitzky, a lawyer who has helped a dozen winners of supersized lotteries.

Instead, answer some basic questions: Do you want the lump sum? You probably do, but you probably shouldn’t; many experts suggest the certainty of big checks is a good thing. Should you form a trust to shelter your new wealth? Yes. Is lottery insurance a good idea? Probably not, but it’s out there.

Until you’ve made these decisions, lie low.

CLEAR UP THE OFFICE POOL

There’s only one thing worse than somebody at your office winning tonight’s $1.5 billion Powerball and that somebody not being you.

Suppose it’s somebodies. As in plural. As in the office pool you chose to blow off.

Office pools are extra popular when jackpots reach eye-popping numbers. But you want to be careful how you create it, how you maintain it until the drawing is over and how to handle things whether you win $1.5 billion or a buck-fifty.

First, make sure everyone knows who’s in and who’s out. Keep a list of everyone who ponied up their two bucks for the pot. Print out photocopies of the tickets you buy to hand out to everyone. And, above all else, get the ticket money up front.

Clarity is your goal. Everybody should know where everybody stands before the winning numbers come out.

And remember this: Studies show most people who win big in a lottery actually – and we admit this sounds insane – return to work. They gloat, probably, and don’t accept a lot of lame assignments. But they do return to work.

A clean office pool means no bridges are burned.

IGNORE THAT JACKPOT MEME

If you’ve been on Facebook in the past week, you’ve seen the dominant meme of our current Powerball mania. It’s a picture that looks like a green chalkboard on which is written: “Powerball 1.3 billion (divided by) U.S. Pop. 300 million (equals) everyone receives $4.33 million.”

Sounds like a sweet deal, right? It would be, but for the bad math. The actual result would be $4.33 for each of us, and suddenly we’re not quitting our jobs (or not) like we were just a moment ago.

Since this is social media, of course there’s a counter-meme: A panel from a vintage Batman comic shows the Caped Crusader slapping Robin with text to correct the Boy Wonder’s flawed math superimposed on the image.

(And don’t even get us started on the fact that the current population of the United States is actually estimated at 320 million or thereabouts.)

AND NOW YOU’RE FAMOUS

You win this thing, you’re the richest kid on your block.

But what neighborhood would you land in if you actually filled up your armored car with the post-tax, cash-me-out-now payment of $562 million?

We went to therichest .com, a website that includes a list of the 100 richest celebrities, and found your new friends and neighbors.

At $562 million, your new net worth is more than rapper Jay Z. It’s also more than talent impresario Simon Cowell, pop diva Mariah Carey, country singer Dolly Parton and Matt Groening, creator of “The Simpsons.”

And with careful investments and carrying a sack lunch to work, you might one day catch up to the folks $10 million to $50 million richer than you, folks like Bono, TV producer Chuck Lorre, novelist Danielle Steele and Barbara Sinatra, widow of Old Blue Eyes himself.

Maybe celebrity isn’t enough for you; maybe you want to be worth as much as a nation. Consider it done. Your $562 million net worth would beat the gross domestic product of a handful of small countries such as Dominica, Tonga and Palau.

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