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One $ 5 lottery or Five $1 lottery?

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NY
United States
Member #103217
December 31, 2010
96 Posts
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Posted: September 9, 2011, 8:35 pm - IP Logged

If you had to decide between buying one $5 instant lottery that pays 1 million or buy five Sweet Million lottery which will pay the same amount.  What would you do and why? Which gives better chance of winning? I know Instant lottery is paid over 20 yrs  installments and 1 million today is more than a million tommarrow. strictly from hitting the jackpot point of view which offers better chances.

 

Also if your monthy or weekly budget is $5, would you buy 5 SM of the same game or you would spread that over 5 different games?