Which nsw lotto has the best odds

In Australia, it boils down to 2 main categories: Pick entries and System entries. The Powerball also has PowerHit entries. Since we are guaranteed 1 or 2 numbers, it also means that we get to pick less numbers, hence the Pick N name. As an example, here is what it means in simple terms: When playing Saturday Lotto and buying a pick 4 ticket, we need to correctly guess 4 numbers instead of 6, thereby increasing our chances it's much easier to be correct 4 times than 6 times!

Despite the better odds, pick entries offer no advantage over regular entries as far as cost is concerned, as they have been priced accordingly. A System entry is a fancy term that simply means that you get to pick more numbers.

If a standard entry would allow you to pick 6 numbers, a System 7 entry allows you to pick 7 numbers, thus increasing your odds of winning. System entries typically go all the way to system 20, but they get exponentially more expensive.

Here is a quick analogy to explain why system entries increase your chances of winning: Imagine you are playing basketball and are tasked to score 5 free throws. If you have only 5 shots at your disposal, it is a very hard task, as you must score every single shot.

If you are however given 10 shots to score the 5 free throws, your odds are looking a lot better. You effectively have room for error, as missing a single shot doesn't automatically mean that you lost the bet. In practice, System entries are mathematically even better than the analogy above, as once a losing number is picked, it can't be picked again, while with free throws you can miss in the same way any number of times.

Ones offer huge jackpots, while others - slightly smaller. Some of them have amazing odds of winning, others - not so much.

So, what really is the best Australian lottery to play? Here are some things to consider before purchasing your ticket. Basically, the more numbers are being drawn, the larger the range of numbers, and when there is a Powerball - your chances of winning the jackpot are much less likely. Another very important variable is the jackpot prize. Obviously, the bigger the jackpot, the larger the odds of winning are. At this point, it all depends on you - do you want a better chance at winning but a smaller jackpot or do you want a smaller chance of winning but a huge jackpot?

As well as considering the best odds of winning the jackpot, you may also look at which game has the best overall odds. If this is in your mind, Lucky Lotteries Mega Jackpot gives you a 1 in 16 chance of winning a prize. The cost of entry will be another factor for many players, as will the type of prize on offer.

Set for Life, for example, works differently to the other games as it offers a guaranteed income for 20 years rather than a single payment. As well as mulling over the relative merits of Australian games, you can also enjoy international lotteries. The biggest jackpots in the world are found overseas, including Mega Millions and EuroMillions.

Just like with Australian lotteries, you can look at which one has the biggest jackpot on a particular day, consider the odds and then take your pick.