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Lottery Statistics - The Amazing Race

Lottery Statistics

Lottery Number Advisor

Longshots in horse racing aren’t the same thing as Longshots in the lottery. Most people would not bet on a Longshot at the track very often but Serious Lottery Players include Longshots numbers in their play list all the time. In fact, lottery Longshots numbers represent a large percentage of the winning numbers. This is true for all lotteries.

Here are some Lottery Statistics for some of the most popular US Lotteries. For many of you, the most sobering fact about these Lottery Statistics is that you don’t even have a chance of Winning the Lottery jackpot unless you are including Longshots in your Play List!

TX654 - Lotto Texas - On the average, it takes at least 1.82 Longshots to win the Lottery Jackpot. This is 30.3% of the winning numbers. In 92 drawings out of 100, it takes at least 1 Longshot to win the Lottery Jackpot.

PB555 - PowerBall - On the average, it takes at least 1.91 Longshots to win the Lottery Jackpot. This is 38.2% of the winning numbers. In 91 drawings out of 100, it takes at least 1 Longshot to win the Lottery Jackpot.

MM556 - MegaMillions - On the average, it takes at least 2.07 Longshots to win the Lottery Jackpot. This is 41.4% of the winning numbers. In 94 drawings out of 100, it takes at least 1 Longshot to win the Lottery Jackpot.

FL653 - Florida Lotto - On the average, it takes at least 1.80 Longshots to win the Lottery Jackpot. This is 30% of the winning numbers. In 90 drawings out of 100, it takes at least 1 Longshot to win the Lottery Jackpot.

NY659 - New York Lotto - On the average, it takes at least 2.07 Longshots to win the Lottery Jackpot. This is 34.5% of the winning numbers. In 94 drawings out of 100, it takes at least 1 Longshot to win the Lottery Jackpot.

I’ll bet, for many of you, this post will change the way you play the lottery. If the Lottery Statistics for your lottery aren’t shown here, may I recommend a simple solution. Purchase LONA™, Your Lottery Number Advisor ; she’s amazing.

Lottery Number Patterns - What’s It Take to Win the Lottery?

Lottery Number Patterns

Lottery Number AdvisorSerious Lottery Players are always looking for Lottery Number Patterns that will give them an advantage. But, there is one pattern that exists in all lotteries that many players aren’t aware of and it cost them dearly; Longshots.

For those that don’t know what Longshots are in lottery parlance, let’s start with a definition. A while back there was a lottery strategy that became popular called the ‘Hot Number Strategy’. The associated marketing hype that came with it went something like this:

More than 80% of all winning lottery numbers have Hit in the last 10 drawings. Therefore, make your play list from all the winning numbers in the last 10 drawings.

As a result, any number that hadn’t Hit in the last 10 drawings was considered a rather dubious pick and was to be avoided. Hence, these numbers were dubbed ‘Longshots’. The term persists to this day and I even use it. However, I do not use the word ‘Longshot’ disparagingly; I use it with reverence. They are very important.

For all of those lottery players who got caught up in the ‘Hot Number Strategy’ hype, this was a very expensive lesson. They spent a lot of money on lottery tickets and ended up without much to show for it. In future posts, I’ll expose even more of the fallacies behind the so called ‘Hot Number Strategy’.

The Hot Number Strategy was a bust because it excluded Longshots. Including Longshots is vital to any successful Lottery Strategy because, on the average, 25% to 40% of the winning numbers are Longshots!!! You heard me right; 25% to 40%.

For example, if you are using a 40 number play list, then 10 to 16 of those numbers should be Longshots. Why? Because Serious Lottery Players, smart players, play the odds.

Do Lottery Number Patterns like this work every drawing? Of course not. But, over the long haul you will do much better.

In my next post, I’ll use some examples. Any suggestions for lotteries to use?

Winning the Lottery - Computers to the Rescue

Winning the Lottery

Lottery Number AdvisorThank goodness for computers. Without them, the universe would be more mysterious. The famous Random Walk theory for stock investing would still be the accepted norm. Brownian motion, those little vibrating gas molecules, would still be considered a random process. Blackjack would still be considered a random game of chance and most people wouldn’t even know what Texas Holdem is. And, last but not least, the myth that lotteries are random games of chance would still be generally accepted as fact.

So, if you’re a Serious Lottery Player and want to play the lottery like a pro, you will need a computer and the Best Lottery Software available. Not just any software but Lottery Software that provides what you need when you ask for it; like a genie. Well, the best genie isn’t in a bottle but she could be on your computer. Her name is LONA™, Your Lottery Number Advisor.

What Lottery Software have you used?

Winning the Lottery - Random Abuse

Winning the Lottery

Lottery Number Advisor

The debate about whether or not a computer can Improve Your Chances of Winning the Lottery pivots on the understanding or misunderstanding of the word Random. How could the meaning of just one word cause so much confusion?

We know that over use and misuse of the words tends to dilute their meaning. Over the years, scientists, mathematicians and engineers have misused the word random by automatically applying it to any observation or analysis that was too complex to describe with simple mathematical formulas. In almost knee jerk fashion, any data they didn’t understand and couldn’t explain was labeled random.

For example, the paths followed by two colliding gas molecules are easily predicted; not random. But, predicting the paths of trillions of gas molecules is rather daunting. So, for many years, Brownian Motion, the vibrations of gas molecules, was said to be a random process only because of the shear vastness of the problem and our inability to analyze it. But, today, it is generally accepted that Brownian Motion is not random.

The same is true of the Stock Market’s Random Walk theory. It remained a valid theory only as long as the problem remained too complex to analyze. Also, winning at Black Jack or Texas Holdem is no longer considered pure luck. So, one by one, the validity of so called random games of chance is being challenged.

Over the last forty years, state sponsored lotteries have trumpeted the random draw theory; everyone has the same chance to win and nobody has an advantage. If this were true, why have the lotteries been trying to make their random games of chance, MORE RANDOM? Isn’t random, random?

The answer is NO! In fact, in recent years, the concept of lottery randomness has been challenged and, like the casinos, the lotteries have responded with various actions.

First, any possible mechanical advantage due to lotto ball design was addressed. The lotto ball was made more uniform. The numbers were no longer painted on the lotto balls because this unbalanced the ball. Air blower design was improved and motor speed was regulated to insure air speed did not vary with power fluctuations. This has had the effect of making the lotteries appear more random. You see, random doesn’t mean that Lottery Number Patterns do not exist; it simply means that lottery number patterns and trends are harder to identify.

Do you have any other examples of ‘Random Abuse’?

Winning the Lottery - A Random Walk Down Wall Street

Winning the Lottery

Lottery Number Advisor

The entire concept of being able to use a computer to Improve Your Chances of Winning the Lottery is bolstered by an understanding of the true meaning of the word Random. With that in mind, I’m going to continue my Random discussion with another real world example that supports my position that Random means opportunity; The Stock Market.

It wasn’t too many years ago that the common belief was that stock prices were a random game of chance. This idea was formally put forth in 1973 in a book by Burton Malkiel called ‘A Random Walk Down Wall Street’. Malkiel’s premise was that the profits earned from carefully selecting five stocks based upon a detailed analysis of their past performance would fare no better than five randomly selected stocks.

For many years the general public seemed to accept this point of view and left stock market investing to the professionals. Today, however, from the top Wall Street investment firms down to the individual investor, no one is taking a random walk.

Stock analysis software abounds. Hundreds of millions of dollars are spent each year on computer analysis of past stock prices with the overall goal of predicting tomorrow’s prices. In fact, today, to invest in the stock market without thoroughly analyzing the stock’s past performance would be considered amateurish, naïve and foolhardy.

So, what’s the secret to successful stock market investing? If you invest intelligently, study the past performance of each stock and apply a basic understanding of probability you can gain an advantage.

This is my philosophy for playing the lottery. How is yours different? The same?