Which Lottery Game Has The Best Odds Of Winning
Placing a $1 bet has the best odds of winning, with only an 11 Percent edge for the house, but also the worst payout. The Joker offers a 36x payout but has a 24 percent edge for the house. Slots: Odds of Winning Around 1 in 49,836,032. Here are the odds of winning a prize for the various games in the Texas Lottery, from best to worst: Scratch Off – 1 in 3.5. All or Nothing – 1 in 4.5. Cash 5 – 1 in 7.2. Lotto Texas with Extra – 1 in 7.9. Mega Millions – 1 in 24. Powerball – 1 in 24.9. ODDS OF WINNING THE LOWEST PRIZE: 1 IN 38. ODDS OF WINNING A TOP PRIZE: 1 IN 292,201,338. OVERALL ODDS: 1 IN 24.9. ODDS OF NOT WINNING: FROM 37 IN 38 TO 292,201,337 IN 292,201,338. SEE PLAY SLIP OR CLICK HERE FOR COMPLETE ODDS. ODDS OF WINNING THE LOWEST PRIZE: 1 IN 37.
By Josephine Lim, MSN Money