Lottery Articles |
Is it true that the odds of being struck by lightning are better than the odds of winning a lottery?
"...This myth was mathematically debunked by Iowa Lottery Commissioner Ed Stanek (who has a doctorate in physics) in an October 1997
issue of Public Gaming International magazine."
"Statistics gathered by NASPL as well indicate that in one year alone (1996) 1,136 people won a million dollars or more and an
additional 4,520 won $100,000 or more by playing North American lotteries. By contrast, 91 people were killed by lightning during
that same year..."
From "Top Ten Myths About Lottery (and Why They Are Not True)"
by Duane V. Burke
CEO & Chairman, Public Gaming Research Institute, Inc. (PGRI)
Read the full article at NASPL web site
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WLA Warns of Foreign Lottery Fraud Risks
If you receive a "prize notification" from a suspicious lottery:
don't respond to the emails
don't pay any money in advance to collect a prize
don't reveal your full identity
don't reveal your bank account number or credit card details
Read the full article at WLA web site
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Lottery, Casino, and Sports Betting - A Comparison of the House Edge
by: Melkam Dirset
The house edge is one of the most important criteria that every player should consider whenever he/she is engaged in any type of gambling. It tells us how much of our money goes to the gambling agent's pocket and how much is redistributed to the winners. The purpose of this article is to compare the house edges of three representative games of a casino, a sports betting, and a lottery, so that a casual gambler, and even a veteran one for that matter, would be aware of what lies behind the curtain.
Read the full article
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Classification of United States Lottery Games
by: Melkam Dirset
There are close to 200 lottery games played in 43 states of the United States. Although these
games are known by nearly as many different names, 99% of them can can be classified into 4 groups because of their
similarity. This articles lists the four groups and their main features.
Read the full article
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Powerball and Mega Millions Jackpot Odds
by: Melkam Dirset
The chances of winning the Powerball jackpot are nearly one in 200 million, and those of Mega Millions one in 175 million.
What is actually the physical significance of these numbers, and why are there no winners draw after draw though millions of people are playing
these games?
Read the full article
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Pick 3 Lottery Games - Combinations and Probabilities
by: Melkam Dirset
Although each drawing of a Pick 3 lottery game does not have anything to do with the previous draws, there are still some patterns
which are both theoretically and practically demonstrated to be true that every regular Pick 3 lottery player should be aware of them.
In this article we shall see the frequency and probability of boxes (that is, any arrangement of the digits) of the Pick 3 lottery
game by first classifying the numbers into three groups.
Read the full article
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Pick 4 Lottery Games - Combinations and Probabilities
by: Melkam Dirset
Needless to say that each drawing of a Pick 4 lottery game is independent of the previous draws, however, every regular Pick 4 lottery
player should be aware of some patterns which are both theoretically and practically demonstrated to be true. In this article we
shall see the frequency and probability of boxes (that is, any arrangement of the digits) of the Pick 4 lottery game by first
classifying the numbers into five groups.
Read the full article
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8 lottery winners who lost their millions
by: Ellen Goodstein, Bankrate.com
Having piles of cash only compounds problems for some people. Here are sad tales of foolishness, hit men, greedy
relatives and dreams dashed.
Read the full article at MSN web site
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Protecting Your Lottery Winnings
by: lottobuster.com
"After a big lottery win, planning is everything" says Anderson, lead programmer at Lotto Buster Software.
"The initial decisions you make are going to determine if the money will bring you great happiness or if you are destined to
become another riches to rag story."
So what should you do if you hit the big one? Anderson advises that you do the following before spending any money or making
any commitments.
Read the full article
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Revealed - The REAL Truth About Lottery Odds
by: Terry Fisher
The Truth about Lottery Odds convinced us to change the way we play. Dramatically. It will almost certainly
convince you to do the same. To illustrate why, we use the USA Power Ball game as an example, but you will soon see the
arguments apply to any Lottery game, 5-ball or 6-ball.
Read the full article
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How To Avoid Identity Theft
by: Bernard Pragides
Identity theft and fraud are no fun. While nothing is foolproof, there are some basic guidelines you can follow to
help you avoid identity theft. Keep your identity intact with these helpful tips. Print them out and share them with your loved
ones.
Read the full article
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