Powerball Jackpot $100 Million; How To Up Your Odds Of Winning [VIDEO]

By Mo Mozuch on January 18, 2013 10:31 AM EST

Powerball jackpot now $100 million
Want to get closer to Mr.Franklin and 999,999 of his twin brothers? Find out how to get the math on your side. (Photo: Reuters)

The Powerball jackpot has hit $100 Million (although it's more likely to be around $63 million). Still, dreams of big-money living are fueling rabid lottery ticket sales in states across the country despite the 1 in 175 million odds.

The Powerball 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 Jon Stewart kind of money. 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 the $100 million Powerball jackpot, but that's kind of the point. 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. (Although common sense probably has no place in playing the lottery.) 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 Powerball jackpot winners in office pools in Pennsylvania, New York and Indiana.

Think about it.

Instead of having one or two tickets for yourself, you can get in on the action for dozens, maybe hundreds, of tickets. 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 Powerball 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 $100 million Powerball 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 $100 million Powerball 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 $100 million Powerball 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 $100 million Powerball jackpot with a bunch of other people. (Who knows? Maybe you'll become millionaire, birthday friends!)

And if you do win the $100 million Powerball 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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