Tuesday, September 28, 2010

Lottery Wheel Payout Calculator --- Coming Soon

[Irish spinner and spinning wheel. County Galw...Image by The Library of Congress via Flickr
With the completed development of our Hot Cold Lottery Number analysis pages and seeing their growing user visitation counts, six questions continually return to our minds. Specifically, we've wondered:
  1. If I only play Hot Numbers, how many combinations must I play?
  2. How much will these combinations cost?
  3. How much will I win in total if I match 0, 1, 2, ... white balls?
  4. If I repeat these combinations for a group of bonus balls (Megaball, Powerball, etc), how much will I spend?
  5. And, how much will I win altogether?
  6. Finally, if I adopt this type of strategy, should I buy the Powerplay, Megaplier, Sizzler option?
To answer these questions, we're creating a new wheeling payout calculator that will be custom tailored to each of our covered lotteries. This will be an interactive tool that will allow our users to change their assumptions and the implications immediately.

The benefit of this calculator is that any assumed set of wheeling numbers can be used, i.e. Even Odd, Divisible by 3, 4, 5 to 12, your own favorite set of numbers, prime numbers, etc.

Development has already begun and we're excited about the possibilities of its uses.  Hopefully, we will have it completed shortly and have it released within the next month.
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Monday, September 20, 2010

Expect to See Paired Numbers Every 1 in 3 Lottery Drawings

If you're a fanatical dreamer about winning a big lottery jackpot, there's no doubt that you have considered playing paired numbers as a strategy for winning.

By pairs, we mean a drawing sequence that contains at least 2 numbers in a row: 1-2, 2-3, ... 55-56.

And if you study drawing results, you will notice that these type of numbers patterns occur very often. In fact, during the past 26 Powerball and Mega Millions drawings, we find this happened 10 times in each lottery. This equals or 38.5% of the time.

However, when we calculate the combinatorial  number of occurrences, we learn that there are:
  • 1,364,200 paired combinations in Mega Millions (35.7% of the population), and
  • 1,697,080 paired combinations in Powerball (33.9% of the population)
Based on these numbers, we learn that it is definitely normal for us to expect to see paired numbers approximately once in every three drawings.

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