What Is the Best Lottery to Play to Win | theLotter

What Is the Best Lottery to Play?

Record-breaking multi-million dollar jackpots send lottery fans worldwide scurrying to purchase tickets for the next exciting draw. But is playing lotteries with the biggest jackpots the best way to make one's dreams of striking it rich come true? What is the best lottery to play? Here are some things you should consider when buying your tickets.

Which Lotteries Have the Biggest Jackpots?

The record for the biggest lottery jackpot ever was set in January 2016 when the Powerball hit $1.58 billion, an amazing prize that was split between three winning tickets. Each of those tickets was awarded a lump sum payment of $327.8 million. Mega Millions came close to breaking that record when it awarded a $1.537 billion jackpot in October 2018. Mega Millions did set one record in that draw, as the jackpot prize was the biggest ever awarded to a single ticket!.

Seeing that the top ten lottery jackpots of all time have been set by two American lotteries - US Powerball and US Mega Millions- leads to an initial conclusion that these are the best lotteries to play. Their enormous jackpots, as well as their massive prize pools, attract not only huge publicity but also large throngs of players. Over 600 million tickets were sold for the drawing when the record Powerball jackpot fell. With that amount of competition, one could possibly conclude the only barrier to winning a huge jackpot prize is buying a Powerball ticket.

Many lotteries have guaranteed starting jackpots, and if you know a bit about how lottery jackpots are calculated, you know that they rise very quickly when ticket sales are strong.

Lotteries and Jackpot Odds

The odds of winning the Powerball jackpot are one in 292 million. Before the Powerball introduced a rule change in October 2015, the odds were one in 175 million. Lottery officials quite obviously realize that with reduced odds, there is less chance of winning and this creates larger jackpots. This in turn increases ticket sales. But, are the best lottery odds in Powerball the best in the lottery field?

Mega Millions, in comparison, offers one in 302.6 million odds of winning the jackpot, not much of a difference. The odds of winning the EuroMillions jackpot are one in 139.8 million while the odds of winning EuroJackpot 's top prize are slightly better - one in 95 million.

Small lotteries can be candidates for the best lottery games as well. Even though the jackpots may be smaller, the odds of winning them are better. The odds to win the Australia Powerball  jackpot are one in 76.7 million; the odds in the Spain La Primitiva lottery are one in 13.9 million; and the odds in the Ireland Lotto are better yet – one in 10.7 million. With lower jackpot odds there is less of a chance that a jackpot will go unclaimed for long. You have better chances of winning when you play smaller lotteries!

The worst jackpot odds? Quite possibly the Italian SuperEnalotto, where you must pick six numbers out of 90. The odds of winning this lottery's jackpot are one in 622 million. Yet a €163 million jackpot was won in October 2016, proving that even with overwhelming odds stacked against you, it is possible to win an amazing jackpot prize in the crowd-favourite Italian lottery.

which lotteries have the biggest jackpots

Which Lotteries Have the Best Overall Prize Odds?

Winning a jackpot is not the only way to win a lottery prize. There are many secondary prizes up for grabs as well. Which lottery offers the best chance to win a non-jackpot prize?

The odds of winning a 6th division prize in SuperEnalotto are one in 22; the odds of winning a 12th division Match 2 prize in EuroMillions are one in 21; the Mega Millions 9th division prize odds are 1 in 37; while in Powerball, the odds of winning a 9th division prize are a bit harder: one in 38.

What about smaller lotteries? The odds of winning the 8th division France Loto prizes are one in 16; while the odds of winning a prize in the Austria Lotto are also one in 16. As lottery players know, the better the odds, the lower the prize.

As for prize pool size, there is nothing that can compete with the Spanish Loteria de Navidad - El Gordo. This annual Christmas season raffle offers a staggering €2.38 billion in prizes. The odds for winning a Navidad prize are very attractive: 1 in 7.

Which Lotteries Have the Lowest Taxes?

There are many tax-free lottery games around the globe. Prizes in Australia, Canada, France, New Zealand, South Africa, and the UK, among other countries, are paid out tax-free at source, however winning players may be subject to local taxation based on their country of residence. It would be wise to check these matters with a tax professional when you win.

what is the best lottery to play

So, What Is the Best Lottery to Play?

There are a number of factors to consider when choosing which is the best lottery play, including the odds, the jackpot prizes, the price of tickets, and the taxes. It is often difficult to make an informed decision.

Take for example the Australia Saturday Lotto and the Spain BonoLoto. These two lotteries may not offer the highest jackpots or the best winning odds, yet playing them gives players the best run for their money. On the other hand, playing New York Lotto is always a crowd favourite, so maybe the Empire State's leading lottery is the one to play.

One additional thing to consider. Winning a lottery prize is most certainly a matter of luck. Could a psychic help you win the lottery? Many players simply go with their gut in choosing both the lottery they'll play and the numbers they'll select. It is more than likely that the best lottery games to play are different for everyone. The best advice, therefore, would be to play the lotteries which appear to be luckiest for you.