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Lottery 04 May 2016

How To Calculate Jackpot Odds

Lottery Probability

Every lottery has its own unique set of odds, which depend on the amount and range of numbers players have to pick. For most people the specifics aren't of any interest, but for some the exact figures are all-important, so we're going to tell you how to figure them out exactly. It's time to get technical, maths-phobes look away now.

Man Thinking

Step 1: Identify The Basics

To work out the exact odds of any lottery requires two things: the total amount of balls that appear in each draw, and the range of numbers that players have to choose from.

With these two bits of information you have everything you need to calculate the odds, except a calculator of course.

Step 2: Crunch The Numbers

The process is simpler than you may have expected, but it does take some big calculations.

To better explain the process, we'll be using a number of examples. If you have a lottery with 6 balls ranging between 1 and 50, you would proceed as follows:

Equation 1: 6/50 = 0.12 (this is the likelihood that one of the first 6 picks will match with your first number)

Equation 2: 5/49 = ~0.10 (this is the likelihood that one of the 5 remaining balls will match with your second number.

Equation 3: 4/48 = 0.08 (the probability of ball 4 matching your third number)

Equation 4: 3/47 = ~0.06 (probability that the 3rd remaining ball will match your fourth number)

Equation 5: 2/46 = ~0.04 (probability of one of the last two picks matching your fifth number)

Equation 6: 1/45 = 0.02 (the likelihood of the final pick matching your last number).

Note: ~ means an approximation 

If you had a 7 ball lottery with numbers ranging between 1 and 60, you would do the following equations:

7/60
6/59
5/58
4/57
3/56
2/55
1/54

Essentially, your first equation is the highest available number in the lottery's range divided by the total amount of balls that are drawn, then proceed down in a descending order until you reach number 1.

 
 
 
£54 million
 
 
 
 
 
 

Step 3: Probability

To find your overall chance of winning, simply multiply the results of all the equations made in Step 2 together, and this will give the probability of claiming the jackpot.

For our example, the answer would be ~0.0000000629.

Step 4: Tell Me The Odds

The final step is to simply divide the number generated in Step 3 by 1.

1 / 0.0000000629 = 15,890,700

Therefore the odds on you winning a 6 ball lottery with a number range of 1 to 50 is 1 : 15,890,700

What About Bonus Balls?

So, most lotteries have one or two bonus balls to factor in when working out your odds. While it's a little more time consuming, it's not difficult once you know how.

Returning to our 6 ball lottery with a number range of 1-50, you would repeat Step 2 again, just as before.

Then you would need to work out the bonus ball equation based on how many there are per draw, and what numbers are available to players.

For this example, we'll base it off the Eurojackpot draw, meaning players make 2 picks between 1 and 10.

Bonus Ball Equation 1: 2/10 = 0.2

Bonus Ball Equation 2: 1/10 = 0.1

Then simply repeat Step 3 and 4 to give the final odds.

For a great breakdown of the various lottery bets available on Lottoland, including the ones with the best jackpot odds, check out our lottery alternatives review. 

N
by Nigel
Nigel
» Read all stories from Nigel

The lottery is so much more than a weekly draw, behind every game is a wealth of amazing stories and fascinating facts, and that's why I love it.

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Lottoland and this website is operated by EU Lotto Ltd (company number 109514 and registered address Suite A, Ocean Village Promenade, Ocean Village, Gibraltar GX11 1AA) which is licensed and regulated by the Gambling Commission for customers in Great Britain under account number 38991.

Lottoland is not an official lottery operator. Instead, Lottoland allows Customers to make bets on different lotteries and, if a Customer wins a bet, then they will be paid directly by Lottoland and not an official lottery operator.

All jackpots are estimates and subject to currency fluctuations. Tier 1 winning bets on the US Powerball and US MegaMillions are paid out as 30 year annuity or discounted lump sum at Lottoland’s election, and Tiers 1 – 3 are also subject to 38% reduction as per T&Cs . Tiers 1 - 3 for winning bets on SuperEnalotto are subject to 20% reduction as per T&Cs.

Lottoland is committed to supporting Safer Gambling. Underage gambling is an offence.

Lottery Probability - How To Find The Odds - Lottoland UK

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Prize Tier Information

PowerBall & MegaMillions
Tiers 1-3 are subject to 38% reduction as per T&Cs. Tier 1 winning bets are paid out as a 30 year annuity or discounted lump sum at Lottoland's election.

Payout Information

US Power & US Millions
Tier 1 winning bets are paid out as a 30 year annuity or discounted lump sum at the player's election.

Prize Tier Information

SuperEnalotto

Tiers 1-3 for winning bets are subject to 20% reduction as per T&C's.


Prize pool breakdown

El gordo (Christmas Lotto)

The total Christmas Lotto prize pool, that is to say the total cash up for grabs for all prizes, across its 193 series comes to £2.3 billion*.


When you bet with Lottoland, you’re in with a chance for:


First Prize: £3.5 million*

Second Prize: £1 million*

Third Prize: £0.4 million*


And additional 15,000+ prizes!


When you Double Your Jackpot for the Christmas Lotto, winning bets DOUBLE for not just one, not just two, but the THREE highest prizes!

*subject to currency fluctuations


Prize pool breakdown

El Gordo de Verano

El Gordo de Verano features a prize pool of €120m (approx. £103m*), that is to say, the total cash up for grabs for all prizes.


When you bet with Lottoland, you’re in with a chance for:


First Prize: £1,77 million*

Second Prize: £530,000*

Third Prize: £177,000*


And a host of additional prizes up for grabs!


*subject to currency fluctuations


Prize Tier Information

Keno 24/7
Jackpot is determined on stake amount and the quantity of numbers selected.You can bet from as little as £1 on one number for a maximum prize of £3,or bet up to £10 on ten numbers for a maximum prize of £10 million.

Prize Tier Information

Kenow
Jackpot is determined on stake amount and the quantity of numbers selected.You can bet from as little as £1 on one number for a maximum prize of £1.50,or bet up to £10 on ten numbers for a maximum prize of £1 million.

Prize Tier Information

Multi Keno
Jackpot is determined on stake amount and the quantity of numbers selected.You can bet from as little as £1 on one number for a maximum prize of £0.84,or bet up to £10 on ten numbers for a maximum prize of £430,000*

(*subject to currency fluctuations).

Prize Tier Information

German Keno
Jackpot is determined on stake amount and the quantity of numbers selected.You can bet from as little as £1 on TWO numbers for a maximum prize of £5.37,or bet up to £10.75 on ten numbers for a maximum prize of £830,000

(subject to currency fluctuations).

Prize pool breakdown

El Niño


First prize is €2,000,000 (approx. £1,800,000*),

2nd prize is €750,000 (approx. £680,000*)

3rd prize is €250,000 (approx. £230,000*).


If that wasn’t enough, there are another 37,000 awards up for grabs. That gives you a great 1-in-3 chance of landing a prize.


*subject to fluctuations