It is always a great expectation to find out the odds of winning a lottery. This Lotto Odds Calculator helps you in finding chances of your luck. In the below lottery calculator, your chances of winning a lottery is determined using the values for total lottery tickets sold, total winners and total tickets you are planning to buy.
- Odds Calculator
The Lotto Odds Calculator enables users to calculate the odds of winning the jackpot and additional prize levels for any given lottery.
Jan 27, 2021 A lottery calculator is such an essential tool for every lotto player. But, using the wrong calculator will not do any help. As I am explaining, you need the right calculator. Let me show you what a lottery calculator must do to help you win the lottery. With the Lottery Odds Calculator you can quickly find the odds for 5, 6 or 7 Lotto. On the other hand if casino games are what you are after.
To use the calculator, type in the number matrix, select the number of prize tiers and tick whether the lottery includes a bonus ball. If the lottery includes a bonus number, additional options will appear specifying the bonus variables. Alternatively, select a lottery from the Popular Lotteries dropdown menu to automatically display the odds table.
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How to use the Lotto Odds Calculator
Enter the number of balls to be drawn Enter the total number of balls from which these are drawn Choose the total number of prize levels the lottery has, eg: Match 6, Match 5, Match 4 and Match 3 would be 4 levels If the lottery includes 'bonus' numbers eg: a Powerball, tick the 'include bonus balls' box If the box has been ticked, a dropdown menu will appear in a similar style to the original fields. Enter the number of 'bonus' numbers to be drawn, the size of the pool it/they are drawn from, and the amount of prize levels that involve matching the bonus number. Finally, select the name of the bonus number from the remaining dropdown box Click the 'Calculate Odds' button to view the odds, or to start again, click Reset.
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Alternatively you can choose a lottery from the 'Popular Lotteries' dropdown menu at the bottom of the form to quickly input the variables for your chosen lottery and auto-display the odds table.
*Please note, the overall odds of winning a prize does not take into account the chance of winning guaranteed prizes (for lotteries that offer them), because the odds of winning a raffle prize fluctuates based on how many tickets were purchased for each draw.
Last updated on January 2, 2021
There’s only one way to win the jackpot and therefore, mathematically speaking, all combinations have equal probability. But how does Lotterycodex separate the best combinations from the worst ones when all combinations are equally likely?
That’s where combinatorics and probability theory can help. And this article will dig into a lottery number generator that applies both concepts in the lottery.
777x live first flight. Let’s begin.
All combinations have equal probability. However, the probability value is not the only thing you must know in a random game. You also have to consider the concept of odds. In statistical science, odds and probability are not mathematically equivalent. (see my article Odds, Probability and the Lottery for explanation)
Knowing the difference between odds and probability is crucial to making the right choice. The idea is simple. You cannot change the underlying probability and you cannot beat the odds of any game, but you definitely have the power to choose your odds.
There’s only one way to increase your chances of winning.
Buying more tickets is the only way.
And take note of the words “only way” because there is no other way by which you can increase your chance of winning the lottery.
The BIG QUESTION here is “are you making the right choices?”
In short, buying more tickets is useless if you’re buying the wrong tickets.
A mathematical strategy is all about calculating all the possibilities and then making the right choices. This is what Lotterycodex has been teaching the lotto playing community, make an intelligent choice.
To strategize your game, you have to look at the lottery in many different ways.
For example, combinations in the lottery have different compositions. Therefore, we can divide the lottery into different combinatorial groups or patterns based on the composition. And these groups exhibit a different ratio of success to failure.
You don’t win the jackpot by matching one or two numbers, you take home the big prize by matching the exact combination in a lottery draw. However, choosing the wrong type of combinatorial group will not only prevent you from winning but also waste your money in the long run.
For example, a combination that consists of all even numbers is way too uniform to occur in a random draw. Similarly, a random lottery draw will not favor low numbers over high numbers as the probability is spread equally over the entire number field. So in a lotto 6/49 game, picking all your numbers from 1 to 25 and totally ignoring 26 to 49 will not get you closer to the winning combination either. For more examples please read How to Win the Lottery According to Math.
If you think about the number selection process from the point of view of probability theory, combinations that form uniform patterns will not likely get drawn in a random lottery draw.
But uniformity in patterns is just the tip of the iceberg. There’s more to combinatorial patterns than meets the eyes.
That’s where a lottery number generator comes in handy as it helps you avoid wasting money on combinations with a very low ratio of success to failure.
But not all lottery number generators are created equally.
You have to use the right one that allows you to see all the possible choices in a lottery game and help you make an intelligent choice.
If you don’t want to deal with the complexity of math, a lottery number generator is the best tool you can count on.
How To Choose the Right Lottery Number Generator
The finite structure of the lottery reveals that combinations can be grouped according to their composition. And groups have different probabilities and odds. These probability groups matter and it has been proven over and over. The proof is described in detail in our Free Guide: The Winning Lottery Formula Based on Combinatorics and Probability Theory
Therefore, a lottery number generator must take advantage of this difference in composition. It’s an opportunity that one can take advantage of to generate a lotto combination and get the best shot possible.
But how do you know a lotto number generator is based on a sound algorithm?
Apparently, a true number generator must not be based on statistical analysis. As I always say repeatedly, the lottery operates on a finite set of numbers and therefore calculation must be a probability problem to solve rather than statistical. You must understand that probability and statistics are two different branches of mathematics.
Moreover, a lotto number generator must not generate random combinations. A random number generator does not take advantage of the inherent variation in combinatorial probability. An example of such a tool that makes use of a random algorithm is the quick-pick. See this article on why I don’t recommend a quick pick strategy.
A superior type of generator is the one that derives its analysis using the synergy of combinatorics and probability theory.
Here’s an example of what a number generator program will produce using a Lotterycodex calculator.
The combinatorial patterns above are applicable to a 4/30 lottery game. For the exact calculation that applies exactly to your chosen lotto game, check out the complete list of Lotterycodex calculators.
You see, using the right kind of program will save you from wasting money on combinations that will not likely make a lotto winner. I do not know about you but for me, I will not spend my money on the worst groups. But the problem is, how do you know your combinations don’t belong to the worst groups?
You can use the generator to do the math for you so that you do not have to go through the complexity of the math involved. Some people are incredibly skilled when it comes to crunching numbers. But if you hate math, then using the Lotterycodex calculator for your favorite lotto game is really going to be helpful for you.
Calculation Differs from One Lottery to Another
When you take the time to examine past historical data, it will become apparent that certain combinatorial patterns will come up more frequently than others.
Of course, it is unlikely that a trend will be apparent after only looking at a few draws. You need to be able to examine a larger number of draws to see some patterns. For example, looking at the last one thousand draws should give you enough datasets to form a conclusive piece of evidence. By simply analyzing lotto results from the last 10 draws is not enough.
The trend reveals that winning combinations favor certain combinatorial patterns. This conclusion can be further proven by comparing the actual lottery results with probability analysis.
You’ll be surprised that the actual lottery results agree with probability prediction.
The close agreement between actual draws and mathematical estimation is nothing magical. It is simply the predictive power of mathematics when applied in the lottery. That’s how we use combinatorics and probability to predict the likely outcome of a lottery game based on the law of large numbers.
However, a one-size-fits-all calculation does not exist. You have to pick the right lottery calculator for your favorite lotto game.
There’s the right calculation for a 5/69 game and there’s a separate calculation for a 6/49 lotto game.
You Can’t Afford Not to Use a Lotto Number Generator
Putting your money on a useless combination is an expensive exercise over time.
You need a lotto number generator that works based on a proven mathematical principle since probability formula was discovered in 1654 by Blaise Pascal and Pierre de Fermat.
If you like the idea of playing the lottery for fun, then a mathematical tool is something that you should make use of. It helps you to keep dreaming about winning and allows you to have a better shot of actually making it happen someday.
Good thing, you do not need to be some type of mathematical genius in order to make use of a lottery number generator. Lotterycodex created lottery calculators to do the heavy lifting for you.
You get two main benefits for using a mathematical tool: First, you don’t waste your money on a combinatorial group that will not likely occur. And lastly, you get this big confidence that you’re playing the lottery with a good bet.
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