How does it work? As the name states, there are 6 numbers drawn out of 49. In order to hit the jackpot, you have to match all six numbers. You can win different cash prizes in accordance to how many numbers you match.
A "second prize" is won when the player's ticket equals five numbers from the winning combination along with the bonus number. The rule of thumb is that when there is more than one winner who wins either the jackpot or the second prize, the total amount is to be divided among all of them. What do you need to start? All you need to start is a good set of 6 different numbers out of 49. You can either choose your own 6 numbers or you can buy a computer generated ticket.
Tickets are being sold online or at official ticket sales dealerships. Nowadays you can play the 6/49 lottery worldwide via online ticket sale. What are the odds of winning the jackpot? The official odds are one in 13,983,816. That means, to guarantee hitting the jackpot, you’d have to purchase 13,983,816 unique tickets. That would also answer the question of increasing your chances by playing more lottery tickets.
This is why there is quite a number of lottery syndicates around the world pooling their tickets together and splitting the award evenly among-st themselves. Can you beat the odds? There are many different mechanisms passionate gamblers have developed to increase their odds at winning. Serious lotto players analyze the prior winning numbers in search for the best lotto numbers to play in the next drawing.
By doing so, they can dramatically improve their chances of winning the lotto. One of the basic strategies is to reduce the possible numbers from 49 to 30. By doing so, you are increasing your chances of winning to one in 593,775 if all 6 of the winning numbers are found in the 30 number play list. There are quite a number of tools to create a 30 number playlist, but the best known is called Cycles.
If you are not big on statistics and analytics yourself, there a number of software tools found online that can help you and do the analytical part for you. Some of them are based on mathematics and some of them simply analyze the numbers of prior winning lines. How big is the jackpot? Well, that depends on with lotto 6/49 you play and on how many roll overs have gone without a winner. The jackpot increases with every roll over that hasn’t produced a winner.
What about taxes? That’s a matter of the national law of the country whose lotto you chose to play, and your own. Every country has its own set of tax enforcing rules. Some countries have no tax at all when it comes to lottery winnings, and some may take as much as 50% of your winning. When it comes to the United States, every state has its own set of rules.
