$425 Million Jackpot: How To Up Your Odds Of Winning [VIDEO]
The Powerball jackpot has hit a record-high $425 million (although it's more likely to be around $230 million after taxes). Still, dreams of big money living are fueling rabid lottery ticket sales in states across the country despite the 1 in 175 million odds. A $425 million jackpot is obviously more money than 99.9 percent of people will see in a lifetime, even those rich Wall Street guys who won last year don't make that kind of cash. We're talking first-round draft pick kind of money here. So in between the daydreams of how you'll quit your job or leave your wife you might want to squeeze in some thoughts about actual strategy. Granted, there is no guaranteed way to win a lottery with a $425 million jackpot, that's kind of the point. But, surprisingly, there are a few mathematical and common sense tips that can up your odds of winning a little bit and make those fantasies seem a little bit closer to reality.
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Common sense says that the more tickets you buy, the more chances you have of winning. Instead of picking up an extra two or three tickets at the local Quick-E Mart, a smarter play is to get involved in a lottery pool. Most people do them through work, where a few dozen co-workers all put in a dollar for a ticket and agree to split the winnings. There have been big jackpot winners (not quite $425 million jackpots, but still) in office pools in Pennsylvania, New York and Indiana. Of course, it's a good idea to set-up a lottery pool contract in case you win big. It's always a surprise when people hit a jackpot, but no one is surprised when someone tries to cheat others out of their money. Take the story of Americo Lopes, a construction worker in a lottery pool who hit a $24 million jackpot and tried to claim it was from a ticket he bought outside of the lottery pool. (Happy ending: His co-workers sued and won the case.) A $425 million jackpot will do crazy things to some people, so it's best to protect yourself with some simple rules for a lottery pool.
What about playing the numbers themselves? Are there any strategies that might work? Yes, actually:
This video is bursting with good tips for winning that $425 million jackpot. For starters, variety is the key to winning. Pick a mix of numbers in the low range (1-27) and the high range (28-59). What numbers are best? There is no exact science as to which numbers are statistically better to play, but recent Powerball jackpots have added up to between 104 and 176 (not including the bonus ball). Granted, there are thousands of ways to make those sums but it gives you a guideline for winning.
So what numbers should you avoid if you want to win the $425 million jackpot. Birthdays are a common strategy, which means the numbers 1-31 get played a LOT. It doesn't mean you can't win, but if you play birthday numbers don't be surprised if you have to split your $425 million jackpot with a bunch of other people. (Who knows? Maybe you'll become millionaire birthday friends!) Statistically speaking, it's best to avoid picking all numbers from the same group, like all 30s or 40s, or playing numbers that end in the same digit. Consecutive numbers are also a very long shot. Although you will look like a genius if your "1-2-3-4-5-6" $425 million jackpot Powerball ticket comes up the winner.
And if you do win the $425 million jackpot after reading this, don't forget to throw a little love my way. You're not the only one who wants to tell a boss to shove it!
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