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- Which Lottery Has The Best Odds Of Winning Ukulele
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Everyone wants to win the lottery. If you can land the jackpot its goodbye to financial worries and hello to early retirement. However, your chances of landing a life-changing sum of money on the lotto are fairly remote… but hey, miracles do happen.
Every player has a technique for trying to win the next big Lotto jackpot, whether it is carefully plotting which numbers to enter, sticking to a favourite set or hoping for the best with a Lucky Dip. Every line of numbers has an identical chance of winning, after all, but there are some strategies that really do improve your odds. Don’t be afraid to bunch up your number choices. While you may be tempted to choose your. The odds for winning any prize stand at 1 in 108, and it is for this reason that it stands out as being the easiest lottery to win a jackpot of for the least ticket money on average. Keep in mind though, that The Health Lottery has the smallest overall jackpot of £25,000 or 10% of ticket sales.
And that’s not to say you cannot win a lot of money on your local lottery. In fact, here’s an interesting truism that you should remember every time you buy a ticket: winning the lottery is easy.
You’d be surprised how many people win the lottery each week. The only problem is these “wins” are for lower amounts, but your chances of winning a decent chunk of cash are fairly good. It’s winning the jackpot that’s hard.News outlets don’t report on the thousands of people who win big but not close to the jackpot. For example, it’s a hot story if you win $10 million, but not really if you win $750,000. Still, for most people, those wins counted in the hundreds of thousands are life-changing amounts.
In this article, we’ll look at which lotteries give you the best chance of winning, and how much you may be able to win if you hit the jackpot.
Lotteries with the Best Jackpot Odds
If you want to buy an island, 10 Ferraris, or a house for everyone in your family, you’ll want to win a lottery jackpot. First, you need to know which major global lotteries give you the best chance of winning the biggest prize.
Odds of Winning Lottery Jackpot Shortest to Longest
- Mini Lotto (Poland) – 1 : 850,668
- Swedish Lotto – 1 : 6,724,520
- Mon/Wed Lotto – 1 : 8,145,060
- OZ Saturday Lotto – 1 : 8,145,060
- Austrian Lotto – 1 : 8,145,060
- Irish Lotto – 1 : 10,737,573
- Polish Lotto – 1 : 13,983,816
- Bitcoin Lotto – 1 : 13,983,816
- German Lotto – 1 : 15,537,573
- French Lotto – 1 : 19,068,840
- Quina (Brazil) – 1 : 24,040,016
- Spanish Lotto – 1 : 31,625,100
- UK Lotto – 1 : 45,057,474
- OZ Tuesday Lotto – 1 : 45,379,620
- MegaSena (Brazil) – 1 : 50,063,860
- Oz PowerBall – 1 : 76,767,600
- EuroJackpot – 1 : 95,344,200
- WorldMillions – 1 : 100,000,000
- Euromillions – 1 : 139,838,160
- PowerBall (US) – 1 : 292,201,338
- MegaMillions (US) – 1 : 302,575,350
- SuperEnaLotto (Italy) – 1 : 622,614,630
Easiest Lotteries to Win (Any Prize)
Betting Odds Comparison
While the jackpot is a dream for anybody, just winning a big prize could be enough to change your life forever. Looking at the major lotteries around the world, we have compiled a list of which offer the best odds of winning at least something. As you can see, it pays to be French!
Compare Odds
- French Lotto – 1 in 6
- UK Lotto – 1 in 9.3
- Spanish Lotto – 1 in 10
- Austrian Lotto – 1 in 12
- Euromillions – 1 in 13
- MegaMillions (US) – 1 in 24
- PowerBall (US) – 1 in 24.8
- EuroJackpot – 1 in 26
- Irish Lotto – 1 in 29
- German Lotto – 1 in 31
- Swedish Lotto – 1 in 55
- OZ Tuesday Lotto – 1 in 55
- Polish Lotto – 1 in 57
- OZ PowerBall – 1 in 78
- Mon/Wed Lotto – 1 in 85
- Mini Lotto (Poland) – 1 in 124.51
- Saturday Lotto – 1 in 144
- SuperEnaLotto (Italy) – 1 in 314 (approx)
- MegaSena (Brazil) – 1 in 2,332
Choosing the Best Lottery for You
When you’re deciding which lottery to play, the first thing you may need to consider is where you live. Some lotteries, such as the UK National Lottery, only allow players living in the United Kingdom to play games. However, some lottos will allow players from outside. Check around some of the lottery games we listed above and decide which ones are best for you.
You win Lotto prizes by matching your selected numbers to the winning numbers – there’s millions of pounds of prize money at stake in every draw. The odds of matching all six numbers to win the jackpot are 1 in 45,057,474, and overall the chances of winning a prize are better than 1 in 10. Find out more about the odds of winning Lotto.
Prize Categories
To win a prize, you must match at least two of the six main numbers. The prizes increase in value as you match more numbers, culminating in the ‘Match 6’ jackpot award. The following table shows all the Lotto odds, prizes and how to win.
| Prize Category | Odds of Winning | Prize Value |
|---|---|---|
| Match 6 | 1 in 45,057,474 | Jackpot |
| Match 5 + Bonus Ball | 1 in 7,509,579 | £1 million |
| Match 5 | 1 in 144,415 | £1,750 |
| Match 4 | 1 in 2,180 | £140 |
| Match 3 | 1 in 97 | £30 |
| Match 2 | 1 in 10.3 | Free Lotto Lucky Dip |
| The overall odds of winning a prize are 1 in 9.3 | ||
The Lotto jackpot starts at £2 million on a Wednesday and £3.8 million on a Saturday. It is shared between all players who match six numbers in the same draw, or rolls over to the next draw if there are no winners. Take a look at the biggest Lotto winners of all time.
There are fixed prizes in all the tiers below the jackpot, ranging from a free Lucky Dip for matching two numbers to £1 million for matching five main numbers plus the Bonus Ball. The Bonus Ball is only relevant if you match five of the main balls.
The jackpot can only roll over for a maximum of five consecutive draws. A Must Be Won draw will then be held in the following draw, which guarantees that the jackpot money will be given away even if there are no Match 6 winners. If a rolldown occurs, lower prizes can be boosted significantly.
Prize Capping
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If the number of jackpot winners in a certain draw means that the individual prize amounts fall below £1 million, the jackpot will be topped up so that each player receives £1 million. The amount of money that can be added to the jackpot in this way is capped at £7 million, so in very rare cases, it may be that jackpot winners receive less than £1 million each.
All other cash awards - from Match 3 to Match 5 + Bonus - can also be capped in very rare circumstances when winners cannot be paid the standard prize. The total capped prize fund equates to 35.82 percent of ticket sales, plus £35 million. If prizes do have to be capped, all winners below the jackpot will receive at least £2 or a Lucky Dip.
Reserve Prize Fund
Half of the money raised from ticket sales is put towards Lotto prizes. A small portion of that revenue – 8.78% - is kept in a reserve fund that can be used to bolster prize amounts when special promotions take place.
Improving Your Lotto Odds
Each line of Lotto numbers has an identical chance of winning. The only way to improve your odds is to get more entries. An affordable way to do this is to play in a syndicate so that you split the cost with others and boost your odds at the same time. Go to the Syndicates section for more information.
Which Lottery Has The Best Odds Of Winning Ukulele
Taxes on Winnings
Best Odds In Vegas
UK lottery prizes are not subject to tax, but there are exceptions. The interest that accrues on a prize, for example, may have to be taxed as part of your normal income tax if it is sufficiently large. If you wish to give anyone a share of your winnings, you should also be aware that they may have to pay Inheritance Tax if you die within seven years. If you play from overseas, you may be liable for withholdings in your own country. You should check with a financial expert if you have queries about tax as it is a complex issue that does depend on individual circumstances.