Lottery Winnings and Wheeling Strategies

There are many different types of lottery games. Some of them are called lottery games like pick 3 and pick 4 games while pick 5, pick 6, pick 7, and mega millions are all Lotto games. Out of all of these games you can win a very small sum of money or you can hit the jackpot. Then again, you have the highest probability of losing any of the Lotto or lottery games you play. The jackpot is what everyone is going for, but there is about a 1 in 18 million chance you will do so.

However, some people do, so you might be interested in knowing the payouts on lottery tickets if you decide to start playing. Many lottery or Lotto tickets that are scratch offs have payouts of $1, $2, $5, $10, or $20. Of course, there are scratch tickets that have prizes that go on up to $50, $100, $500, $1000, and even $10,000.

However, when you start getting into the Mega Millions types of lotto games the jackpot could be in the millions or even the hundreds of millions. If you are a small time player then you might enjoy the scratch off games and winning the occasional $20. However, if you are playing the mega millions games you will have to choose numbers and simply wait to win millions.

Of course, you might have the winning jackpot number for $300 million, however 50 other people may have the same number. It is not likely that many people will win the same jackpot, but it does happen with lottery clubs who go together and come up with numbers using wheeling strategies to bet on. Wheeling Strategies You might have thought that to play mega millions or other lotto games that you would simply come up with some numbers on your own and then just hope your numbers were right. However, many people use wheeling strategies to help them increase their odds of winning the lottery.

Wheeling strategies are used to lower your odds and help you win the Lotto. And, since the wheeling strategies are mathematically based they do make sense and really will help you increase your odds. For example, if you have seven numbers you want to use then wheeling those seven numbers can give you seven different six number combinations. These combinations will dramatically increase your odds of winning.

Of course, you will still be one in millions to win, but it does help. So, if you are playing the Lotto you should use wheeling strategies each and every time to increase your odds and get you that much closer to winning the Lotto. If you are really serious about winning the Lotto then you might want to join a wheeling club. These organizations focus on wheeling numbers and lowering the odds for winning the lottery.

Many of these clubs have success, too. However, if you join a wheeling club make sure there are legal documents signed and waiting that provide instructions for how the winnings will be dealt out.

The author, John F. Abate, MBA is an international known speaker and educator on proven lottery, gaming and money-making systems. Find out how Mr. Abate's extensive experience and research may benefit you by visiting: WWW.WIN-TRACK.COM

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