Original Blog Entry: Thinking about budgets when it comes to the lottery

hypersoniq — Sat, 03 Feb 2024 22:01:52 GMT

The only constant I had last year was playing the Match 6. I spent $728 on tickets last year and won about $1200, with $1000 coming with 5 out of 6 hit. I will pay ~$250 in tax for that win so that means the net profit was $222.

This year, the same strategy for the match 6 will cost $730 (leap year). The cost of the system I have developed, extended to a high scenario of 5 days a week would project to an additional $2,912 for a total planned budget of $3,642 (high end). That would require a pick 4 straight hit or 8 pick 3 straights to cover.

Looking at annual expenditures is an eye opener for sure. But I think that amount is not that bad to have a daily chance at at least $500,000 on the match 6 and at least 4 chances a week at $55,550. I don't know how to make it cheaper.

What does your budget look like?

Does that seem excessive or am I in the ball park with most other players?... [ More ]