Winning the lottery would be amazing, a real dream come true. I fantasize about it all the time. Imagine watching the lottery results come up on TV and seeing that you’ve got the winning lottery numbers. What would you do with your lottery cash? Stop working and travel the world? Buy a big house? Give it to charity? You could do anything you want. It’s not an easy thing, though, the odds are against you big time. But if the odds are so bad, why do people win sometimes twice or even three times? Why can’t I? Why can’t you?
To answer this, let’s look at some facts and stats. The most popular lottery format in the world is the 6 number system where you have to match all six numbers and each number is going to be between 1 and 49. Right away, the odds are one-in-fourteen-million. Wow. So to have a 50% shot at winning the jackpot, you’ve got to buy about seven million tickets! That’s not really possible, but some people do win. How come? Well it’s all probability and statistics, “the law of large numbers”. If there’s enough people playing, someone’s got to win.
So some of these folks who do actually win will continue to buy tickets because they experience the first win of lots of money, but now instead of one ticket a week at the gas station, they can buy a big stack of them, maybe fifty or hundreds at a time. Now the probability, which is still slight, inches a bit more in their favor. I don’t recommend you do this now, and spending more than you can afford for a better shot at winning the lottery is irresponsible.
There are plenty of stories of people winning the lottery on more than one occasion. There was a guy in Canada who won $340,000 in 2007. A few months after, he won again, this time the $15 million jackpot! Another guy, Erik Martineau won $20K on a scratch off game ticket in Connecticut. Within a month he won another scratcher, but this time for $1 million! There’s not proven evidence of them spending big on more tickets, but it’s pretty darn likely.
I’ll tell you what, when I win the California Lottery, I’ll put the theory to the test and buy a boatload of tickets for a second big win.
