Lotto fans have grown accustomed to seeing the Mega Millions roll over time after time, and many of them choose to wait for the jackpots to increase before joining in. But that strategy is not always the correct one.
Bigger jackpots do not mean better odds
Anyone who buys a lotto ticket for the Mega Millions is competing not against other people, but against the numbers themselves. A bigger jackpot doesn’t increase your chance of winning. The only thing that gives you better odds, is buying more tickets with different numbers.
The more people play, the bigger of a chance you’ll have to split your jackpot
Most people patiently wait for the Mega Millions jackpot to pass the $200 million mark before joining in, passing up on jackpot sizes that are around the $50 million, $100 million, and even $150 million! But the more people play, the bigger the odds are that someone else chose numbers identical to yours, and that means that if these are indeed the winning numbers – you’ll have to split the jackpot. So if you and someone else have won, those beautiful $200 million are now worth only a $100 million each. Remember those who didn’t want to play when the jackpot was “just” $150 million in size?
What should you do?
Play. Play for the small jackpots as well as the big ones. You don’t even have to move from your computer or tablet, because you can securely buy Mega Millions tickets online. Remember: A $50 million jackpot is always more than no jackpot at all.