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How did that pattern fit with your usual plan of choosing family birthdays and your house number? Perhaps the lucky numbers from Saturday, December 19, , might have suited you better — they included 2, 3, 5, 7, 9, 23 and supplementaries 26 and Get the latest Australian Lotto results.
The truth is, everyone has a different method for choosing lucky lotto numbers. There is only one certainty: that your chances of winning are about one in 2 million with a basic four-game pick.
Mind you, they're not bad odds when you consider that with Oz Lotto you're looking at a one in 11 million chance and with Powerball it's one in 14 million.
There's a random element in all gambling and it's not possible to predict who will win. View All Results. Bonus Draw Winners. Results Services.
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Never choose all six numbers from one number group, such as all single digits, or all teens, or all 20's, etc. All six winning numbers drawn from one group is highly unlikely.
The most popular set of numbers most often played is: Thousands of tickets are bought with this combination every drawing.
The selection is too far out of balance to come up in a random drawing. Pattern betting is an even more popular method of marking bet slips.
Patterns of numbers marked in a row to make a straight line, either across the bet slip vertically or diagonally get heavy play—which means sharing the prize with others if the numbers are drawn as winners.
Other designs such as patterns of initials or numbers or crosses also get heavy play. Other popular combinations that get heavy play are the number multiples, especially and Many people like to play same last digits, such as , or all digits that end in seven, or some other favorite lucky lottery number.
Even four same last digits occur in less than two-tenths of one percent of all drawings. Winning sets of numbers with three last digits the same occur in less than 3 percent of all drawings.
Winning sets of numbers with no more than one repeated last digit represent nearly 90 percent of all drawings. The majority of Lotto players like to play the calendar numbers, such as birth dates and anniversaries—and their children's ages.
This means that the most heavily played numbers are 1 through If you play only the calendar numbers, you might be sharing your jackpot with dozens of other winners.
It's not to say that you shouldn't play your personal numbers if you feel these lucky numbers are good to play. But we recommend that you include a couple of high numbers so that just in case your numbers do hit, you win a prize that's worth something.
Quick Picks are used by lazy people who want to be in the action without putting any effort into winning. When you read articles about jackpot winners, it appears as though they all used either Quick Picks, birth dates, or their children's ages.
The vast majority of people do play that way. If the majority of tickets sold are Quick Picks, then it makes sense that the majority of jackpots won should be won with Quick Picks.
However, when you see the actual statistics, as we did, you'll find that you have a better chance of winning by picking numbers randomly out of a hat than by using Quick Picks.
Now he lives a quiet life in Vanuatu, a South Pacific island country known for its volcanoes and waterfalls. While his scheme was legal at the time, new laws in the US and Australia render Mandel's scheme impossible nowadays.
You can no longer buy lottery tickets in bulk and print your tickets at home — two key parts of Mandel's formula.
Read the entire feature about Mandel's feat in The Hustle. This story first appeared in Business Insider. Read it here or follow BusinessInsider Australia on Facebook.
Skip to navigation Skip to content Skip to footer Help using this website - Accessibility statement. Elsewhere it may be possible to maintain your anonymity by setting up a trust or limited liability company to receive the winnings.
Depending on where you bought the ticket, prize winners have between days and one year from the date of the drawing to claim their prize.
So find out what the state rules are and plot a course. See a tax pro before you cash the ticket.
People who have trouble controlling their spending might prefer the discipline of receiving the money as an annuity.
But you will want to compare the effective yield of the annuity with what you could earn by taking the money as a lump sum, paying the taxes and investing the proceeds.
You can opt for buying life insurance policies to cover the estate tax bill if taking an annuity will leave your family without the cash they need to pay estate tax if you die before the set period of installment over the fixed years.
You have 60 days from the time you claim your lottery prize to weigh the pros and cons. During this time, ask advisors to crunch the numbers and help you decide which type of payment suits you best.
Avoid sudden lifestyle changes. Remain calm for the first six months after you win the lottery. You can set aside a fixed amount for this indulgence and celebration.
Save the big purchases for later and plan your budget accordingly. Pay off all your debts. Whether it is credit card debt or a mortgage, your rate of return equals the interest rate on the loan.
Gather a team of legal and financial advisers. You have to cautiously judge who is helping you and who is trying to use you.