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Tuesday, May 4, 2010

Pick 3 Release Announcement

After months of development, we completed the programming of our newest offerings:

Pick 3 Recommendations
for the 
North Carolina, New Jersey, and Texas Lotteries.

The methodology is based on a modified Delta System, which consolidates numbers into groups of 8. The strategy requires a player to select a Delta, and then continually purchase all 8 numbers associated with it until you win. You can access our index to these pages at the post:

Pick 3 Numbers Now Available at Lottery Power Picks


For you use, our pages are split into 5 sections. At the upper right are the most recent drawing results and payouts. On the upper left are our recommended numbers for the next drawing.

In the center, we provide detailed summaries of each Delta showing lapsed time between winning intervals.

At the bottom, we present a suggested purchasing schedule that will help ensure players receive a positive cash flow. And lastly, we outline a guideline of steps to follow.

We hope these newly created pages bring you luck and help to generate a profit for your enjoyment.

JL............

Monday, April 26, 2010

Lottery Expansion Helps Powerball Most (Lottery Trivia Answer 2010-08)

Last Week's Trivia Question #2010-08 was: 
Powerball and Mega Millions began selling each others games at the end of January 2010, but they did not change the format of the games. Since then, we questioned:
  • How has the increased playing population affected the jackpot winning frequencies?
  • Have the average jackpots gotten smaller?
  • What is the average growth of the jackpot prizes?
  • Which game appears to be more popular?
To answer these questions, we examined and summarized the results of these games since 2001.
  • Prior to the change, there were an average of 11.4 Powerball and 12.1 Mega Millions Jackpot yearly winners. In 2010, there have been 4 Powerball and 3 Mega Millions winners. Neither of these indicate an increased frequency of winners.
  • The average winning jackpot sizes of Powerball has increased from $92.2 to $95.5 million. Conversely, the average winning Mega Millions jackpots dropped from $95.6 to $76.5 million since the expansion.
  • Similarily, the average growth of each Powerball jackpot rose nearly $10 million since the expansion (rom $11.6 to $21.5 million).  Mega Million jackpot has grown as well, but only by $2.75 million (from $11.3 to $14M), a much smaller pace.
Based on the growth rates of the Jackpot sizes, it appears that Powerball has been the more popular game, and has profited most from the expansion.  Although the chances of winning Powerball is much higher than Mega Millions, I think this is attributed to:
  1. It's name (Powerball seems more attractive?)
  2. The overall chances of winning a Powerball prize are lower.
  3. The tickets are easier to read and fill out.
  4. The Powerplay Option guarantees 2nd place winners $1 million (it's not a gamble).
Anyway, those are my thoughts. Let's see if things change in the future.

JL.....

Tuesday, April 20, 2010

Has the Lottery Expansion Changed the Jackpot Sizes? (Lottery Trivia Question 2010-08)

This week's Lottery Trivia Question is about Mega Millions and Powerball.

Our Trivia Question #2010-08 is: 
At the end of January 2010, both Powerball and Mega Millions began selling their games in each other's states, but did not change the format of the games. Since it is now nearly three months later, we wondered:
  • How has the increased playing population affected the jackpot winning frequencies?
  • Have the average jackpots gotten smaller?
  • What is the average growth of the jackpot prizes?
  • Which game appears to be more popular?
Enter your answer by leaving a Comment to this post below. Leave your name, and if you have a website or blog, provide it's URL and name.

We will provide the correct answer next Monday, April 26th, and will post your name and a URL link back to your site.

JL.........

Monday, April 19, 2010

Expect to See Repeated Pick 3 Numbers after 37 Drawings (Lottery Trivia Answer 2010-07)

Last Week's Trivia Question #2010-07 was: 
To win the Pick 3 State lottery games, a player must correctly predict the winning number in the range of 000 to 999. If this number correctly matches the one drawn, the player wins approximately $250 on a $0.50 bet. So, if you like to play this game, you have probably wondered:
  • How often would you expect to see numbers repeat?
  • Or, in other words, how big would given a subset of daily results need to be in order to see duplicate numbers?
To answer these questions, we must remember that there are 1000 different numbers.
  • Based entirely on an even distribution, the probability of any number being drawn is 1 in 1000.
  • This means that any one given number should repeat once every 1000 drawings on the average.
  • But, we all know that numbers repeat at various intervals.
  • Thus, we refer back to the "Birthday Question" to determine how large of a sample is required to observe duplicate numbers.
  • After solving this problem, we find that: in a set of approximately 37 drawings, we can be 50% confident that one of the numbers in that group will be a duplicate.
  • And, if we examine a results set of 118 drawings, we can be 99.9% confident that one of those numbers will be repeated!
JL.....

Tuesday, April 13, 2010

After How Many Pick 3 Drawings Do You Expect To See Repeats? (Lottery Trivia Question 2010-07)

This week's Lottery Trivia Question is about Pick 3 numbers.

Our Trivia Question #2010-07 is: 
In the Pick 3 games, players are required to select a number between 000 and 999. If their number correctly matches the one drawn, the player wins.
  • How often would you expect to see numbers repeat?
  • Or, in other words, how big would given a subset of daily results need to be in order to see duplicate numbers?
Enter your answer by leaving a Comment to this post below. Leave your name, and if you have a website or blog, provide it's URL and name.

We will provide the correct answer next Monday, April 19th, and will post your name and a URL link back to your site.

JL.........

Monday, April 12, 2010

As Expected, Powerball Draws All Even White Balls

In an earlier post written on Monday, March 8th, 2010, titled All Even White Powerball Numbers Are Overdue, we indicated that the likihood of all Even White Powerball numbers being drawn was overdue. This prediction was based on the mathematical probability that this type of combination should occur approximately 1.23 times every six months.

In slightly more than 4 weeks after we wrote this, the winning Powerball numbers on Wednesday April 07th were:  04 36 40 44 52 Powerball 33 and Powerplay 2x.

Yes indeed, all even white numbers were drawn. Slightly more remarkable, each of the numbers are also divisible by 4.

While we could not have known exactly when this event would occur, we were confident that the Powerball Lottery drawings truly do follow the laws of probability.

Had players followed this advice and limited their combinations, they would have increased their probability of winning a $150 million jackpot prize after only 9 subsequent drawings.


JL............

Monday, April 5, 2010

Why Lottery Winners Should NOT Take Cash Option? (Lottery Trivia Answer 2010-06)

Last Week's Trivia Question #2010-06 was: 
When the lottery jackpots grow, many more players are tempted to try their luck in hopes of winning the huge jackpots. And typically, they ask the retail clerk who sells the lottery tickets for the "Cash" payout option which is much lower than the advertised jackpot. As we stand in line waiting to purchase our tickets, we often wonder:
  • Why do most players take the Cash Option?, And,
  • Why do the States want you to take the Cash?

While there is no "wrong" choice, we believe players are encouraged to accept the lower amounts, because:
  • Most players do not understand what an Annuity means. Simply stated, an annuity is a continuous stream of annual cash payments. For Mega Millions, a player would get 26 equal payments. In Powerball, the player receives 30 payments which gradually grow in size.
  • Today, the Powerball Annuity Jackpot is $125 million. A player who wins the jackpot would receive the first payment of about $2.23 million, and the last payment of $6.95 million.
  • Whereas, the Cash Option payout is only $60 million, which is 48% of the Annuity jackpot.
  • But players are afraid that if they die, they will lose the money.
  • That's not true. The money will continue to be paid to their heirs until all is paid out.
  • Next, players always think they can invest the cash option money in the stock market and make much more. But, the State lotteries are guaranteeing a return of $4.80% for the next 30 years. With interest rates so low, this is a great rate of return.
  • Again, recent history has shown that fortunes were lost when the Stock Market tanked. If you're lucky enough to win the lottery, do you really want to lose it all?
  • And lastly, we read story after story about Lottery winners who spent or invested all their money, and ended up with nothing.
  • So to us, we think that all players should take the Annuity Option.
  • The member states, however, do not want you to take the Annuity for two reasons: First, they will have to manage that money and make sure that you get your payments; and, Second, the are offering you almost $1 million less in Cash than you deserve. That means that they keep the money and help booster their revenues. 
  • We think that this is a lot of money to lose. We'd rather have that money in our pockets rather than the State.
  • So next time you buy a lottery ticket, tell them you: "Want the Annuity", and you won't be sorry. 
JL.....

Tuesday, March 30, 2010

Why Do States Want Lottery Winners to Take Cash? (Lottery Trivia Question 2010-06)

This week's Lottery Trivia Question is about Investing Lottery Winnings.

Our Trivia Question #2010-06 is: 
The lure of huge jackpots draws folks to play the lottery. But, most players opt to collect the Cash Prize rather than the Annuity. So we ask:
  • Why do most players take the Cash Option?
  • Why do the States want you to take the Cash?
Enter your answer by leaving a Comment to this post below. Leave your name, and if you have a website or blog, provide it's URL and name.

We will provide the correct answer next Monday, April 5th, and will post your name and a URL link back to your site.

Happy Easter!

JL.........

Monday, March 29, 2010

Optimal Lottery Mix of 3 Even and 2 Odd Balls is Best (Lottery Trivia Answer 2010-05)

Last Week's Trivia Question #2010-05 was: 
In Mega Millions and Powerball, particular patterns of numbers tend to occur more frequently during certain periods of time.
  • So, after a review the past 3 month results, is it possible to identify particular mix of odd and even numbers that outpaced the expected probabilities?

To this, the Correct Answer is: Absolutely YES! Here's why:
  • In Mega Millions, there are an equal amount of 28 odd and even white balls. But, in the last 3 months, 3-even and 2-odd number combinations have been drawn 11 out of 26 times, although only 8 would be expected.
  • Similarily in Powerball, the odd balls have a slight 30 to 29 even ball advantage.  But, in the last 3 months, the 3-even and 2-odd number combinations have been drawn 12 out of 26 times, although only 8 would be expected.
  • From this, we can conclude that presently, the 3-even and 2-odd white ball combinations have a clear advantage.
  • And, from this, we find that, presently, there is a short term bias toward the even numbers!
      JL.........

      Monday, March 22, 2010

      What is the Optimal Mix of Odd & Even Numbers? (Lottery Trivia Question 2010-05)

      This week's Lottery Trivia Question is about an Optimal Distribution of Numbers.

      Our Trivia Question #2010-05 is: 
      Given so many numbers to pick from, particular patterns of numbers tend to occur more frequently during certain periods of time.
      • Reviewing the past 3 month, what is the best mix of odd and even numbers that outpaced the expected probabilities?
      Enter your answer by leaving a Comment to this post below. Leave your name, and if you have a website or blog, provide it's URL and name.

      We will provide the correct answer next Monday, March 29th, and will post your name and a URL link back to your site.

      Have Fun,

      JL.........

      Monday, March 15, 2010

      Lottery Numbers Are Not Always Equally Distributed Between Odd and Even (Lottery Trivia Answer 2010-04)

      Last Week's Trivia Question #2010-04 was: 
      In most lotteries, you would think there is a 50% chance of Odd numbers and 50% chance of Even numbers being drawn.
      • So, based on historical data, do actual drawing occurrences obey the expected laws of probability?

      The Correct Answer is:
      • It depends on the Lottery Game you are looking at.
      • During the past year, the occurrences of an Odd Powerball being drawn are about 62.5% (or 5 out of 8), whereas only 51.3% are expected.
      • And, if you play Mega Millions, odd Megaballs are also drawn more frequently then even ones.
      • So when selecting the bonus balls in these 2 games, the odd numbered balls have the advantage.
          JL.........

          Tuesday, March 9, 2010

          Are All Lottery Numbers Equally Distributed Between Odd and Even? (Lottery Trivia Question 2010-04)

          This week's Lottery Trivia Question is about Lottery Number Distributions.

          Our Trivia Question #2010-04 is: 
          Many people like to play Even and Odd Lottery numbers. Based on probabilities, one would expect there to be a 50% chance of Odd numbers and 50% chance of Even numbers being drawn?
          • So we ask: Based on historical data, do actual drawing occurrences obey the laws of probability?
          Enter your answer by leaving a Comment to this post below. Leave your name, and if you have a website or blog, provide it's URL and name.

          We will provide the correct answer next Monday, March 15th, and will post your name and a URL link back to your site.

          Have Fun,

          JL.........

          Monday, March 8, 2010

          All Even White Powerball Numbers Are Overdue

          Reviewing our Poweball Even / Odd Analysis page, we observe that the chance of all Even white numbers being drawn is now overdue. As of this date, five white ball combinations have not been drawn during the past 6 months.  Based on probabilities, we would expect to see 1.23 occurrences during this period.

          Thus, we conclude that this patten of numbers is now overdue and is a viable playing strategy offering a realistic chance of winning within the next few drawings.

          With Wednesday's drawing at $170 million, we believe that our members should include at least one set of all even numbers in their playing portfolio of tickets.

          JL............

          Tuesday, March 2, 2010

          Slight Changes to Our Hot & Cold Lottery Pages Coming Soon

          Our recently released Hot / Cold Lottery number pages have been extremely successful. Looking at our visitor statistics, we find that these pages have continually grown.

          To help visitors visualize how these numbers have performed during the past few drawings, we will be making slight modifications to our pages.

          At present, we sequentially list the hot & cold numbers in the upper right panel on the page.

          This will be replaced by a Tabbed Panel containing the color coded last 6 results, and tables of: hot numbers only, cold only, and both hot and cold numbers.

          We expect to release this modification in the next couple weeks, so stay tuned and visit often!

          Tuesday, February 16, 2010

          A When to Buy Mega Millions or Powerball Guide

          Introduction
          On January 31st 2010, sales of Powerball and Mega Millions expanded into each other's jurisdictions. No longer are States classified as either one lottery or another. Now, players in most States have the opportunity to buy both games.

          This cross-selling is great for players when the Jackpots are high and for the hard-core lottery players. But what about the regular or occasional player on a limited budget? Now they are faced with three important questions:
          • Which Lottery is Better to Buy?
          • Should I Buy the Powerplay or Megaplier Option?
          • Can I Afford It?

          Whats' the Problem?
          Initially when players could only buy one game, it was easy to set a budget. In most of the old Mega Millions states, folks could spend $5 per game, or $10 per week, or $520 per year. Those in Texas had the option of spending $1 extra per ticket to buy the Megaplier. For them, their budget would be $1,040 per year.

          Similarily, everyone in the Powerball states could choose whether to buy an individual ticket or one with the Powerplay Option. But, they too could maintain a budget of $520 - $1,040 per year.

          But now, the games are doubled, and so is the yearly expenditure. While we don't know if people can afford to spend $2,080 per year on the big prize lotteries, we expect that this is a lot of money for them. To us, this is a big problem.


          Difficult Choices
          In previous articles and published webpages, we introduced the concept of Jackpot return. This number indicates how much money a lottery will pay out in prizes verses how much was collected.

          Each lottery, and variation thereof, has it's own Jackpot return. This number increases linearly as the Jackpot grows. Thus, it is easy to calculate the implied breakeven of the Megaplier and Powerplay Options. And from this, we can recommend whether to buy these options or not.

          However, when multiple games are compared, it becomes difficult to decipher one's choices.

          Graph MMPB-GR01 below illustrates the Jackpot Returns for Powerball and Mega Millions, and their associated Powerplay and Megaplier Options. As seen, all of these returns appear to intersect at points where the Jackpots are somewhere between $47 and $65 million.






          Addtionally, the Mega Millions and Powerball Jackpots do not move in parallel. Mega Millions may be $40M, and Powerball only $20M. So, what should one do?


          What to Buy Matrix
          To help simplify this information we have created a "What to Buy Matrix" below. The data is organized horizontally by the Powerball Jackpot ranging from $20-$300 million.  Vertically is the Mega Millions Jackpots, with values for $12 to $300 million.

          The cells are color-coded.
          The light blue indicates that you should buy the Powerplay Opton;
          The dark blue indicates that you should buy the Powerball Only;
          The light red (pink) indicates that you should buy the Megaplier Opton;
          The dark red indicates that you should buy the Mega Millions Only;




          MM
          JP
          Powerball Jackpot
          2030405060708090100125150175200250300
          122030405060708090100125150175200250300
          202030405060708090100125150175200250300
          302030405060708090100125150175200250300
          402030405060708090100125150175200250300
          502030405060708090100125150175200250300
          602030405060708090100125150175200250300
          702030405060708090100125150175200250300
          802030405060708090100125150175200250300
          902030405060708090100125150175200250300
          1002030405060708090100125150175200250300
          1252030405060708090100125150175200250300
          1502030405060708090100125150175200250300
          1752030405060708090100125150175200250300
          2002030405060708090100125150175200250300
          2502030405060708090100125150175200250300
          3002030405060708090100125150175200250300


          The table assumes that a player is willing to buy the Powerplay or Megaplier Option. But, the player will only buy one lottery or another.

          To read the table, you can locate the row with the Mega Millions Jackpot. Then, read across the columns to the current Powerball jackpot. If the intersecting cell is: red, then buy Mega Millions; blue, buy Powerball; pink, Megaplier; or light blue, Powerplay.

          Returning to the example above when the Mega Millions is $40M, and Powerball only $20M, a player should buy Mega Millions with the Megaplier Option!



          Summary
          In the beginning of this article, we raised three questions.

          • Which Lottery is Better to Buy?
          • Should I Buy the Powerplay or Megaplier Option?
          • Can I Afford It?
          We believe the first two are answered in the "What to Buy Matrix", which tells you which lottery is better to buy, and if you should buy the Megaplier or Powerplay option.

          The "Can You Afford It" answer is really up to you. Our recommendation is that those on limited budgets should only buy one lottery or the other.  The matrix above indicates which lottery you should buy, and if you should buy the Powerplay or Megaplier Options.

          Since these options are only recommended when the Powerball & Mega Millions jackpots are $50 million or under, we believe that it is not necessary to buy these all the time. This means that your budget will not substantially increase, and that Most Can Afford It!


          Let Us Know
          We hope this information is helpful to everyone. During the past month, we have followed this advice, and we hope that you will as well!

          JL...................

          Monday, February 8, 2010

          Even & Odd Lottery Number Frequency Distribution Analysis for Mega Millions + Powerball

          We we have begun to release our new statistical


          Even / Odd Analysis

          pages. Currently this information is available only for Powerball and Mega Millions, but we will be adding the other lotteries that we cover.

          You can access these pages at the following links:

          We have seen that many visitors are looking for this type of information, so our new pages summarize the:
          • Most frequently drawn lottery even and odd subsets ( 5 even; 4even 1 odd; 3 even 2 odd; etc. )
          • Lottery number pattern analysis, showing which subsets are hot or cold;
          • Probability graphs of results.
          • Possible payouts.
          • etc.
          In addition, they can be reached by following the Lottery Combo Tables link on our Lottery Power Picks Home Page.

          Progress, a little step at a time!

          JL......

          Tuesday, February 2, 2010

          Go for the $107M Powerball Jackpot & Skip the Powerplay

          Tickets for Powerball and Mega Millions began selling on January 31, 2010 in many new States.

          Since the Mega Millions jackpot of $144M was won by a Texas player last Saturday, the jackpot has been reset to the $12M minimum.

          Powerball, however, was not won and the jackpot for Wednesday's drawing is $107M.

          At these levels, Powerball has the clear advantage. Those on limited budgets, or who are hoping to "hit it big", need to buy Powerball. Forget the Powerplay Option for now. If you want to double up, then buy more tickets and shoot for the jackpot prize.

          Since we are still working on our "When to Play Guide", we wanted to give our members & visitors a bit of encouragement for tomorrow night's Powerball drawing, and give the above advice.

          Stay tuned for  next weeks update, because we believe we will have completed the Guide!

          Good Luck to All!

          JL.......

          Tuesday, January 26, 2010

          Coming Soon - A When to Play Mega Millions or Powerball Guide

          States will begin cross-selling tickets for Powerball and Mega Millions lotteries on January 31, 2010.

          To help players on limited budgets decide which game to purchase, we are preparing a "When to Play Guide". It will present a break-even table illustrating which lottery returns the most to the public and offers the best return for your dollars.

          In addition, it will discuss the Megaplier and Power Play options, and let you know if and when you should buy them.

          We expect to publish this new report early next week, so stay tuned!

          Monday, January 25, 2010

          France Has Won EuroMillions More Than Any Other Country (Lottery Trivia Question 2010-03)

          Last Week's Trivia Question #2010-03 was: 

          Since the EuroMillions lottery began in 2004, there have been 140 drawings in which the jackpot was won.
          • Which country has sold a jackpot winning ticket nearly 30% of the time?
          • What countries have never produced a jackpot winner?

          The Correct Answer is:
          • Of the 140 winning EuroMillions drawings, France has won 41 times, or 29.3% of the time.
          • This is followed by Spain (33 times), and Portugal (31 times)
          • Luxembourg and the Isle of Man has never sold a winning EuroMillions ticket.

            JL.........

            Tuesday, January 19, 2010

            Who Sells the Most Winning EuroMillions Tickets? (Lottery Trivia Question 2010-03)

            This week's Lottery Trivia Question is about the EuroMillions Lottery.

            Our Trivia Question #2010-03 is: 

            Since the EuroMillions lottery began in 2004, there have been 140 drawings in which the jackpot was won. (corrected).
            • Which country has sold a jackpot winning ticket nearly 30% of the time?
            • What countries have never produced a jackpot winner?
            Enter your answer by leaving a Comment to this post below. Leave your name, and if you have a website or blog, provide it's URL and name.

            We will provide the correct answer next Monday, January 25th, and will post your name and a URL link back to your site.

            Have Fun,

            JL.........
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