How to Win the Lottery
If you buy a lottery ticket, you hand the retailer a small amount of money, and bi-weekly drawings determine whether you’re a winner. Then the money gets added to a pot, and the jackpot will often rise. But does anyone actually make a profit?
Lotteries are an ancient pastime. They’re mentioned in the Bible, Roman records (Nero was a big fan) and throughout medieval Europe, where towns held them to raise funds for everything from town fortifications to helping the poor.
The odds of winning are low, but the prizes are large enough to entice people to play. In fact, the higher the prize size, the better the odds get. This is why so many people play lottery games, despite the fact that they’re pretty unlikely to win.
As Cohen explains, this change in philosophy led many states to legalize gambling, with some arguing that the government should simply take the proceeds for itself. This argument, though flawed, gave moral cover to politicians who otherwise might have worried about the social costs of legalizing gambling.
To develop your own lottery strategy, try studying old tickets to see how the numbers appear. Draw a chart and mark all the random outside numbers that repeat, then look for “singletons.” If a single number appears on a single ticket, it’s likely to show up again in the next drawing, which gives you a good chance of hitting the jackpot. Experiment with different types of lottery games and you may discover that one has a particular pattern you can exploit.