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The United States has several lotteries and sweepstakes, with Powerball and Mega Millions being the most attractive, as they usually accumulate huge rollover cash prizes... the most recent jackpot reaching over a billion. In both lotteries, players must choose six numbers. In the case of Powerball, there are five numbers between 1 and 69 and another number between 1 and 26, which is the Powerball. Meanwhile across in the land of Mega Millions, five numbers are chosen between 1 and 70 and another number between 1 and 25, that being the Mega Ball.

What are the odds of winning?

For Powerball, the odds of winning the jackpot are said to be 1 in over 292 million. In Mega Millions, players have a 1 in over 302 million chance of hitting the jackpot numbers.

Let’s be honest and say that these odds are terrible.

You are far more likely to be struck by lightning (less than 1 in 1,000,000) or be bitten by a shark (1 in 3,748,067). If one thinks, “wow, I don’t think either of those is a possibility for me,” you may as well apply that same logic to lottery games like Mega Millions. Are there numbers that appear more frequently within these highly competitive games of sheer luck? Sort of, but placing bets on them is not going to increase your odds basically at all.

What are the most frequently selected numbers?

According to Lotto Numbers, the Mega Millions numbers that have appeared in the most draws since the start of the lottery are: 31, 17, 4, 20 and 10; while the most drawn Mega Ball number is 10. The least common numbers in recent years have been: 51, 49, 35, 55 and 5. The Mega Ball that has drawn the least is 7. As for Powerball, the numbers that have appeared the most are: 39, 32, 41, 23 and 22. On the other hand, the Powerball that has appeared the most times is 18. The numbers that have come out the least are: 60, 66, 65, 68 and 67; while the Powerball that has come out the least in recent years is 23.

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How can I grow my money in life?

Start Investing Early. First things first, you must start saving and investing early in your life. ... Say No to Unnecessary Debt. ... Don't Put All Your Eggs in One Basket: Diversify Your Portfolio. ... Recurring Deposits (RD) and Fixed Deposits (FD) ... Mutual Funds. ... High Interest Rate Savings Account. ... Equities or Stocks. ... Invest Smartly. More items...

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Disclaimer: This Article is for information purposes only. The views expressed in this Article do not necessarily constitute the views of Kotak Mahindra Bank Ltd. (“Bank”) or its employees. The Bank makes no warranty of any kind with respect to the completeness or accuracy of the material and articles contained in this Article. The information contained in this Article is sourced from empaneled external experts for the benefit of the customers and it does not constitute legal advice from the Bank. The Bank, its directors, employees and the contributors shall not be responsible or liable for any damage or loss resulting from or arising due to reliance on or use of any information contained herein. Tax laws are subject to amendment from time to time. The above information is for general understanding and reference. This is not legal advice or tax advice, and users are advised to consult their tax advisors before making any decision or taking any action.

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