Why it is no longer worth playing the Lotto ?

stephenliverpool1

daytona0 wrote: »

I think that one checks out...

100% / 0.000007151% = 13,984,058.1737 which is about right for 6 numbers in the old system.

The 6 number one for the new system is fine too..


Things get a bit dodgy with their maths for the 3 number and 2 number odds....

Agreed ! I may have got my factorials wrong with 6!, 5!, 59! and 49!.


Never mind that is life lol !

enfield_freddy

I don,t want 50 million , just a humble £10,000 would be nice , however my chances of winning this have dropped


must go , need to mug a granny

no1catman

So how do the 'odds' compare with Euromillions?
If I wait for the first rollover of Euros, how many rollovers of Lotto will it take for the long odds to be worth a try?

oldhand

Looking online throws up some strange comparisons,one I was surprised at was you have more chance of dying on your way to buy the ticket than winning it....

JReacher1

oldhand wrote: »

Looking online throws up some strange comparisons,one I was surprised at was you have more chance of dying on your way to buy the ticket than winning it....

That's why I only buy mine online!

teddysmum

JReacher1 wrote: »

That's why I only buy mine online!

There's more chance of getting an electric shock from your computer or phone.

JReacher1

teddysmum wrote: »

There's more chance of getting an electric shock from your computer or phone.

I'll let the kids put the tickets on in future then!

Andy_L

When was it ever worth playing the lotto?

dealer_wins

With a return of under 50%, lotto is a terrible way to gamble.

Even online slots return 90-95% and some offer jackpots in the millions!

nomoneytoday

All lotto odds are 50-50 - you will either win, or you won't