7 Time Lottery Winner: Richard Lustig Shares Tips On Increasing Powerball Odds [VIDEO]

By Staff Reporter on November 28, 2012 10:00 AM EST

Powerball
Powerball jackpot now exceeds $500 million (Photo: powerball)

Powerball fever has struck the nation as the grand prize has reached a jackpot that is now beyond $500-million. While the odds of winning remain 1-in-175,000,000, one lottery guru believes it's possible to tip the odds in your favor - and he's got a seven-time record to prove it.

Richard Lustig, famous for winning a total of seven lottery grand prizes, explains that "luck has nothing to do with it."

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In fact, his string of success (or string of luck) in working the system has even resulted in a book release, effectively titled "Learn How to Increase Your Chances of Winning the Lottery."

Briefly going over the advice he offered in his book, Lustig tells hopefuls to start treating the lottery as if it's a job. The first step to increasing the odds of winning is by increasing the frequency of participation - which means to play the lottery each and every week. Lustig advises players to "play smart" by sticking to a budget and limiting the number of tickets to just whatever you can readily afford.

"You don't want to wake up Thursday morning and realize you're a loser and then pull your hair out trying to replace the money you spent."

Next, Lustig explains the method behind the madness that is number picking. According to the Powerball website, 70 to 80 percent of all winners won their fortune through Quick Picks. However, Lustig highly recommends you to choose your own numbers instead.

Lustig says, "Every time you buy a quick pick, the set of numbers is unique, which always puts you at the worst odds, one in 175 million."

In his book, Lustig says, is a section dedicated to research that determines whether the "numbers" are good.

While Lustig didn't elaborate on his trick because he would rather you purchase the book, recent Powerball jackpot numbers have numbers with a sum that fall between 104 through 176, not including the bonus ball. While there's no exact science to luck, these sum provide a helpful statistical guideline to improving your chances.

What happens when you do manage to become a Powerball lottery winner? Lustig says that he uses on third for bills and savings, one third for fun, and the final third to buy more lottery tickets.

Finally, the lucky sage offers one last advice to lottery hopefuls: "Don't play for greed. Play smart."

To learn more, check out "Learn How to Increase Your Chances of Winning the Lottery" on Amazon and take a look at an interview with Richard Lustig below:

© 2012 iScience Times All rights reserved. Do not reproduce without permission.

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