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What Are Your Chances of Winning the Lottery?

With $212 million on the table, it's nice to know what your odds are.

 

Hunger Games fans remember "May the odds be ever in your favor," but does that apply to the Powerball?

The odds will really have to be in your favor this time. The South Carolina Education Lottery website describes the odds of winning the Powerball jackpot as one in 175,223,510.

But don't forget: You only get the $40 million if you are the only winner. What happens if two people pick the same six numbers?

Your chances increase when you pick even numbers higher than 31. According to Aaron Abrams, a mathematician from Atlanta, in an NPR interview, people pick dates so your chances to win the lottery and not have to share it with anyone increase with every number over 31.

"Many people tend to pick birthdays, favorite numbers, and these tend to be small," Abrams said in the segment. "The numbers that you can pick for Mega Millions go as high as 56. But, of course, dates only go as high as 31. People tend to pick odd numbers more than even numbers. So, even numbers larger than 31 are less common. But again, whatever strategy you pick for choosing your numbers doesn't increase your odds of winning."

To put this in perspective, here's a list of things that are more likely to happen:

But hey, it's entertaining.

In Northeast Columbia, the most popular place to buy a lottery ticket was at the White Pond Food n Beverage. You can check out the 100 most popular places to buy lottery tickets in South Carolina here.

For a breakdown of where to buy tickets in your neighborhood, check out this link.

And finally, where does all that money go? If you're probably not going to win, do you at least care that your money goes somewhere good? In Richland County, $34 million goes to K-12 funding while $102 million goes to scholarship funds and $600,000 goes to local libraries.

Related Topics: Chances of Winning the Lottery and South Carolina Education Lottery

Brennan Newfield

12:54 am on Thursday, August 9, 2012

I hope I can win a big lottery jackpot like that someday. I've been spending a lot of time studying patterns and mathematical probabilities, and I think it's entirely possible. I won $10,000 once using a system I found online (here's a review if you're interested: http://gamblingsystemreviews.net/lottery-method/ ) If you keep playing smart and not just picking completely random numbers, you'll win eventually.

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