The Odds Are Against You Winning the Lottery

The practice of making decisions and determining fates by casting lots has a long history (including several instances in the Bible). Lottery, on the other hand, is a more recent invention, first recorded in Europe in 15th-century Burgundy and Flanders as a way for towns to raise money for municipal projects or charity.

The earliest lottery-style draws took place at dinner parties, where guests would receive tickets and then be awarded prizes that they could take home. These were more like a form of entertainment than an actual lottery, however. A broader version of the lottery was promoted by Augustus Caesar as a way to distribute goods to citizens for municipal repairs in Rome. The first recorded public lottery to distribute cash prizes was held in 1466 in Bruges, Belgium.

Today, Americans spend more than $80 Billion on lottery tickets every year. It’s a popular pastime, but it’s important to know the odds are against you winning big.

One of the biggest mistakes people make when choosing their numbers is choosing those based on personal data, such as birthdays or home addresses. Clotfelter says it’s best to avoid numbers that appear too often in the same group, as well as those that end with the same digit. Those numbers tend to be shared by many players, and your chances of winning are slimmer that way. Try to diversify your number choices and explore uncharted numerical territory. You can also let the computer pick your numbers for you. Most modern lottery games have a box or section on the playslip where you can mark to indicate that you’d like the computer to randomly select a set of numbers for you.