Is 2023 finally your year to know how to win the lottery?
/Have you dreamed of winning the lottery your whole life? Do you want to hit the jackpot? Then 2023 might be your year!
It turns out this might be the best time ever to win the lottery. We're here to tell you all the reasons why 2023 is the best year yet to win the lottery, says Millionaire Post.
Did you know that lotteries were first invented in China thousands of years ago, back in 200 BC? It's crazy to think that they've been going on for that long. It's possible that lotteries were one of the ways they gathered funds to build the Great Wall of China.
But back then, there were no cash prizes; you could only win prizes in the form of objects, although they were often pretty fancy. It took more than a thousand years for people to decide to give money away in a lottery.
The first lotteries with a cash prize took place in the area where the Netherlands is today, and the prizes weren't bad either. In 1445, the jackpot was equal to £170,000 in today's money.
But these days, our lottery jackpots make that prize look like small change. Have you wondered why lottery jackpots feel like they're getting bigger and bigger? There's a surprising reason.
NUMBER CHANGES
The Powerball and Mega Millions lotteries have done it on purpose. Back in 2015, more number combinations were added to Powerball tickets. This is known as the numbers matrix.
With more possible combinations of numbers on each ticket, the chances of finding a winner in any draw become longer. What does this mean? Well, basically, no matter what numbers you pick, your odds of winning a Powerball jackpot are now one in 292.2 million.
That's almost double what it was before in 2015 when the odds were one in 175 million.
That sounds bad. Why would you want to play a game where your chances of winning are so low? Simple—because the prizes are bigger.
The Mega Millions lottery followed the Powerball and introduced pretty much the same change to their lottery too. By making the games a little harder to win, they've also increased the number of draws without a big winner.
And when a draw doesn't have a winner, that means there's going to be a rollover. That's a word that all lottery enthusiasts love because rollovers mean even bigger prizes on the next draw. And if that next draw rolls over too, then there's an insanely big prize next time.
See what we're getting at here? The big American lotteries have basically redesigned the system to carry bigger prizes, thanks to rollovers.
These rollovers also have the added benefit of getting more attention from people who wouldn't normally buy a lottery ticket but can't resist the giant jackpots.
This isn't totally new. Lotteries change the way they work in little ways like this all the time. It's been happening for decades, but this system is definitely working.
FIRST BILLION PRIZE WIN
The first-ever jackpot to top a billion dollars came only after the changes were made. It probably wouldn't have happened without the new system, but now it seems to be happening all the time, with another four jackpots reaching over a billion in recent years. And one of those was the record-breaking jackpot at the end of 2022, which topped $2 billion.
I'm sure you'll agree that if you're going to win a lottery jackpot, you'll definitely want one that's worth more than a billion dollars. And we're likely to see this happen in 2023.
But that's not the only reason to play.
Another way the lottery is making jackpots bigger is by moving more money from ticket sales into jackpots. But they've also made it easier to win smaller prizes. If you're thinking you don't care about winning anything less than a huge jackpot, you might need to think again.
It's estimated that unclaimed prizes add up to between $800 million and $2 billion every year. That's a pretty crazy statistic.
The majority of the $2 billion is made up of small prizes. Sometimes, a winner will miss their chance to claim a bigger prize, as in 2021 when winners of the EuroMillions lottery in the UK didn't come forward to claim their prize and missed out on their $87 million prize.
The last time that happened in the U.S. was back in 2011 when a Powerball ticket worth $77 million wasn't claimed.
But mostly, people wouldn't miss their chance at a prize that big. That means Americans are missing out on $2 billion worth of smaller prizes.
It makes you wonder how much you've earned from small prizes on the lottery tickets you've bought in the past. If only you'd cashed them in! Judging by that statistic, it could be more cash than you thought. Now, with the small prizes being even easier to win, you might just get that chance to earn a bit of cash and small prizes throughout 2023 while you wait to hit the big jackpot.
Let's face it, we'd all like a cut of that unclaimed $2 billion worth of prizes, right?
ADVANTAGES OF WINNING SMALL
Winning small might even help you hang on to some of your new wealth. Studies have shown that a whopping 70 percent of lottery winners go broke within five years. It doesn't even matter if you win millions or just $50,000; the stats are still the same.
Winning a little less might not be as exciting, but it sure means you're more likely to use it wisely.
So take advantage of the newly introduced system that's making it easier to win small. But that doesn't mean we've given up hope of hitting a giant jackpot. Obviously, that would be pretty great, and these days there are more ways to win than ever before.
That's another big benefit of playing the lottery in 2023.
There are currently six different types of lotteries in the US, from the classic lottery we all know to other fun ways to play like scratch cards and daily lotteries.
But for a long time, those were your only options. And if you weren't lucky enough to live in the US, then you had no access to the enormous jackpots offered by the Powerball or Mega Millions lotteries.
But these days, there are loads of ways to play for the big wins. Online lotteries are growing all the time, and they're giving people more options than ever before, no matter where they are in the world.
That's pretty exciting for anyone who wants to play for one of those billion-dollar jackpots without actually moving to the States. It's also great for people who are already in America but might not be living in the right state to play their favorite lottery.
Some people think that these online lotteries are scams. Sure, there are scams out there, but that doesn't mean all online lotteries are scams. There are many legitimate online lotteries that either buy tickets on your behalf or allow you to play in the form of fixed-odd bets.
If you don't believe us, just ask the people who won millions thanks to these sites. In 2017, one lucky winner matched all the numbers on the Florida Lottery and took home a whopping $30 million jackpot.
Interestingly, she was not a Florida resident. In fact, she wasn't even in America. She was actually from Panama and got her big win by playing the foreign lottery online via TheLotter.
And she's not even the biggest winner. The record for the biggest payout by an online lottery site was an office worker named Christina. The bet was only her second online lottery ticket ever, but she sure made the right decision to play the EuroJackpot via Lottoland. Amazingly, she won and took home a whopping $97.4 million.
That's got to be one of the biggest benefits of playing the lottery in 2023. No matter where you are in the world, you can now try your luck on the world's biggest jackpots, and you don't even have to leave your house to purchase a ticket.
There are loads of benefits to playing online. For one, you can't lose your ticket. Also, you don't need to go out to cash in any of those surprisingly lucrative small wins we were talking about earlier.
The cash you win is simply put into your player account automatically. Plus, these websites can be pretty helpful because they offer you all kinds of stats, so you have all the information you need to choose the perfect lottery game for you.
These lottery websites are way better if you're hoping to try your luck. There's no doubt this is the year to do it. Thousands of jackpots have been won in the past, and if it's happened to them, there's no reason why you shouldn't join their ranks.
And if that happens, you'll definitely want it to be one of those billion-dollar jackpots we keep seeing. There should be more than enough of those to play for in 2023.
Good luck, and remember to play responsibly, as lottery games should be a fun form of entertainment.
So, go ahead and give it a try this year. Who knows? You might just become one of those lucky winners who makes history with an incredible jackpot win.
But even if you don't hit the big one, there's still plenty of fun to be had and smaller prizes to be won. After all, as they say, you've got to be in it to win it.