What Are Your Chances Of Winning The Lottery?

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Written By Saeed Maleki

Everyone dreams of winning enough money in a lottery to retire and spend the rest of their life in the lap of luxury. And they may want to dish out some cash to family, loved ones and good causes to salve their consciences and ease their finances. But the reality of maths is that the chances of winning a top prize are billions.

The current big prize in the EuroMillions jackpot is a staggering, life-changing £167 million. After buying a house or two, going on some exotic holidays and giving everyone they know a few hundred thousand, most people would run out of what to do with such a huge amount of money.

What Are the Odds of Winning the Lottery?

At a 5% growth rate, investing £167 million pays an income of £8.35 million a year before tax. Don’t get too excited if you have a ticket for the draw – the odds of winning are 139,838,160 to one. Even grabbing a share of the jackpot by matching five balls is a 3,107,515 to-one chance.

“There is no practical way to guarantee that you will win the EuroMillions jackpot as you would have to buy every combination of numbers,” says a EuroMillions spokesman. The spokesman suggests joining a syndicate or picking random numbers can improve the odds of winning.

Lottery Hacks That Might Pay Off

While there is no surefire way to win the lottery, a few tricks could increase your chances. One of them is to join a lottery syndicate, which is a group of people who pool their money to buy more tickets. If one of the tickets wins, the prize money is divided among the group members.

Another lottery hack is to pick random numbers instead of using birthdays or other significant dates. Many players limit their number choices to 31 and under, excluding many numbers that could potentially win. By choosing random numbers, you increase your chances of winning the jackpot, especially if you pick numbers greater than 31, as fewer players are likely to choose them.

Finally, it’s worth considering that while winning the lottery can be life-changing, it’s not always the best solution to your financial problems. There have been many stories of lottery winners who lose their fortune due to poor investments, overspending, and lack of financial planning. Before spending your winnings, seeking professional financial advice and creating a solid plan for the future is important.

The Odds of Winning Premium Bonds

For those who prefer a less risky form of gambling, premium bonds offer the chance to win cash prizes without losing your investment. Premium bonds are a type of savings account offered by the UK government. Instead of earning interest, you’re entered into a monthly draw to win tax-free cash prizes ranging from £25 to £1 million.

The odds of winning the jackpot prize of £1 million with one £1 bond are 1 in 47,169,453,703. This may sound like an impossible feat, but keep in mind that there are over 91 million eligible bonds in the draw each month, so the chances of winning any prize at all are 24,500 to one.


While the allure of winning the lottery can be irresistible, the odds of actually winning are incredibly low. Instead of relying on chance, making smart financial decisions and planning for the future is important. Whether you choose to join a lottery syndicate, pick random numbers, or invest in premium bonds, remember to play responsibly and seek professional financial advice before spending your winnings.


  1. “What are the odds of winning the lottery?” by CNN Money: https://money.cnn.com/2018/03/29/news/lottery-odds/index.html
  2. “10 Things To Do When You Win The Lottery” by Forbes: https://www.forbes.com/sites/laurashin/2017/08/24/10-things-to-do-when-you-win-the-lottery/?sh=7d46645c2e52
  3. “Winning the Lottery: Dream or Financial Nightmare?” by The Balance: https://www.thebalance.com/what-to-do-if-you-win-the-lottery-4162948
  4. “The Dark Side of Winning the Lottery” by CNBC: https://www.cnbc.com/2018/10/22/the-dark-side-of-winning-the-lottery.html
  5. “The psychology of lottery winners: Why money doesn’t buy happiness” by Independent: https://www.independent.co.uk/life-style/lottery-winners-psychology-happiness-money-a9308271.html