Will I ever win the Euromiilions lottery?

I've done the math on this, and the truth, albeit not a "fun" truth", is that you will NEVER win a lottery jackpot in your entire life.

You could spend £50 per week for the next 70 years. After all that waste, you STILL would have, for all PRACTICAL purposes, ZERO chance to ever hit the jackpot. E-mail me if you ever want to see the math on this.

I hear cat is tasty this time of year in China. ;)

***EDIT***

OK, since you asked - here is the math:

Let's say you bet £50 per week for the next 70 years of your life. That's £182,000 wasted in one lifetime of lottery splurges. (£50, times 52 weeks per year, times 70 years.)

You have a 1 out of 116,531,800 chance to win the jackpot. Over the course of your entire lifetime, you would have approximately a 1 out of 640 chance of hitting the jackpot.

I know you may think that 1 out of 640 is a pretty good chance when it comes to lottery jackpots. It sounds SO good compared to 1 out of 116,531,800!!! What you need to understand is that's after a WHOLE LIFETIME of waste!

The bottom line is, you only get ONE lifetime! If someone were to hand you £182,000 right now, and then give you a chance to turn it into a big jackpot of lets say £100 million, would you give them the whole £182,000 and take that chance? Remember - they are going to give you just a 1 out of 640 chance of winning that hundred million.

So CAN IT HAPPEN? Well of course it CAN - as you pointed out, someone in France just won it. It wasn't you. It wasn't me. It won't be you and it won't be me next time either!

A 1 out of 640 chance in your entire lifetime is what you've got, and that's only if you waste £50 per week for the next 70 years!!! If you spend any less than that, or if you can't play for that long, your chances are MUCH, MUCH less!

So that brings me back to my original point - because each of us only has ONE lifetime to live, for all PRACTICAL purposes, you chances of winning the lottery are ZERO. It's just not going to happen.

So what? Should you NEVER play the lottery? Do I never play the lottery? No - I play it occasionally. When the jackpot gets very high, I'll buy just ONE ticket. For the cost of one ticket, it's worth it to give me that dream of "winning it big". Any more spent than that is a total waste of money.

***I just re-read your post from the top. I notice you said you buy just one ticket per draw. That's very reasonable, too. At least you're not pouring tons of money down the drain like some folks. Unfortunately, that means in YOUR entire lifetime, the chance that you'll ever win the jackpot is more like 1 out of about 32,000! So will you ever win the jackpot? Again - for all PRACTICAL purposes, no.

(Mmmmmm..........cat!)

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have you ever been close to winning the lottery? I don't believe the condition of being 'close to' winning a lottery jackpot exists. Either a person has won one, or several, or he/she hasn't. There's no in-between, no pre-condition that exists, no post-condition that exists. It's all or nothing. Four of five on a pick 5 game pays about $100. It's a million miles from five of five, even on a smallish pick 5 game.

There's a slim chance you'll win the lottery.

You are more likely to be killed on the way to get a lottery ticket than you are to actually win it.

Good luck anyway.

Euromiilions

1 in a millionaire came two numbers Way before