Posts Tagged ‘thirty six times more likely’

If you want to improve your odds of winning a lottery, you must join a lottery syndicate. This will make you thirty six times more likely to win than if you purchased a lottery ticket on your own. Yes, the jackpot will be split up between several people, however there is a much greater chance of getting a prize than there would be if purchased separately, even though the prize would be larger.

It has been said that over a quarter of all lottery wins are won by lottery syndicate groups. This is a very high number, proving a much higher chance of winning the jackpot. Normally, as a member of a lottery syndicate, the average person spends a lot less than he would if he was purchasing the tickets on his own. It costs less, but the chances of winning are much higher. That doesnt leave much to the questioning of whether to join one or not.

Though, to be completely fair, one must realize that joining a syndicate can have its drawbacks as well. The biggest one being that the prize will be split between several different people. This means that, if you win, you may have enough money to buy a new car or even a new house, but will not likely be able to quit your job and live off of the winnings.