Lotto, The Hottest Game in Town

The Lottery is booming due to the financial down turn.

Many States have Lotto or Lottery games established to increase state revenue.

Arizona Lotto (az lotto),Minnesota Lotto (mn lotto),Oklahoma Lotto (ok lotto) Wisconsin Lotto (wi Lotto),California Lotto (cali lotto),Michigan Lotto (mich lotto),Maine Lotto (ma lotto),New Mexico Lotto (nm lotto),Colorado Lotto (colo lotto),Kansas Lotto (ks lotto),Nebraska Lotto,North Dakota Lotto (nd lotto) and South Dakota Lotto (sd lotto) are all using the Lottery to fund various programs.  A good deal for the states and not a bad deal for the individual playing the games.

These games offer the chance to win cash prizes for $1 per chance. The odds are always in the favor of the state but winning a cash prize of up to several million dollars is possible and even winning several hundred dollars is not shabby.

The negative attitude toward the Lotto has always been that the people who can least afford to play are drawn to the game and therefore the Lotto game is bad.  A long standing joke is that the Lotto is the poor man’s retirement fund and is usually told by the rich to look down on the poor guy.

It is interesting, in view of the current financial crisis, that more and more of the so called “well off” are playing the lotto in hopes of recovering what they lost in their retirement funds.

The first modern interstate lottery in the U.S. was Tri-State Lotto. Tri-State Lotto was formed in 1985 and linked the states of Maine, New Hampshire and Vermont. In 1988, the Multi-State Lottery Association was formed with Oregon, Iowa, Kansas, Rhode Island, West Virginia and the District of Columbia as its charter members; it is best known for its “Powerball” drawing, which is designed to build up very large jackpots. Another interstate lottery, The Big Game (now called Mega Millions), was formed in 1996 by the states of Georgia, Illinois, Massachusetts, Maryland, Michigan and Virginia as its charter members.

Instant tickets, also known as scratch cards, were first introduced in the 1970s and have since become a major source of state lottery revenue. Some states have introduced keno and video lottery terminals (slot machines in all but name).

What chance does the average player have to win at Lotto?  1 in 2,118,760 or more. Not very good odds of winning but using statistics and building a plan it is possible to reduce the odds and win more often.  To build a plan to win at the lotto you need to be a math genius and really work at developing the plan.  Simply stopping by a store to purchase a ticket and selecting your favorite numbers is playing a really long shot. However, there are people who work at developing a mathematical system for winning based on statistics and they offer you a chance to use their insights to improve your odds of winning.

Take a look at the testimonies of Lotto Players here:

Lotto Players Tell All

If you are serious about winning cash on the lotto you need a plan. Develop your own strategy or use an experts but it is only wise to cut down the odds of winning.