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The Odds of Winning the Lottery

Did you know that regardless of how many people purchase a lottery ticket for any given draw, the odds remain the same? Whether hundreds of thousands of players purchase tickets, or only 3 people purchase tickets, the odds of winning remains the same. If the jackpot grows to $40M or $50M, the odds of winning remain the same as if the jackpot sat at $100K. The odds of winning 6/49 is just less than one in 14 million; winning Lotto Max odds is one in 86 million. Betting on a win is very slim. The odds of losing remain 1:13,999,999 for 6/49.

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