The odds of hitting the jackpot numbers are:
- Powerball 175,223,510
- Megga Millions 175,711,536
So basically, around one in 176 million for either lottery.
So how do you guarantee that you win?
Dead easy, you simply buy one ticket for each combination of numbers, so that’s around 176 millions tickets which will cost you of course, about the same amount in dollars.
This might seem ‘expensive’!
But consider this, since you have one ticket for every combination you must win, there’s basically no way you cannot win unless I am missing something. In addition, your 176 million goes into the pot so you are going to get back a good portion of it anyway.
The thing is though, that if the jackpot gets to be around 500 million, and given your ‘contribution’ there’s no reason why it won’t, then even if you take the cash and only get around half the total, you’ve still come out ahead.
The only problems I can see with this is:
- Multiple winners. You need to make sure that the prize is sufficient to still cover your ‘bet’ in the event of multiple winners (let’s say 3) which means that the opportunity for this sort of play is going to be pretty rare.
- Lottery places only take cash for tickets. I have visions of someone turning up a gas station with 176 million in cash and asking for 176 million tickets. I’m not even sure they could print 176 million tickets in time, even given three or four days between drawings (strange, the printer has run out of paper/ink/caught fire again!).
- You’re going to get writers cramp filling in all the ticket forms to say what numbers you want!
Still, in ‘theory’ it’s a fool proof plan (we all know how those turn out). All I need now is 176 million, anyone wanna stake me?