# Easy ways to calculate the odds of winning the lottery Pretty much all lottery players know that the odds are stacked against him but the idea that they are huge underdogs doesn’t have a deterring effect on ticket buyers. While most of them can go on with their hobby without minding the odds, there are others who are interested in knowing exactly what their chances to win are. Given the fact that not all lotteries are governed by the same rules, the odds vary greatly and it is useful to know how to calculate the odds of winning each lottery.

Calculating probability in easy steps

There are many lotteries around the world, but of the most popular one is the 6/49 Lotto which can be found in one form or the other in many countries. This is why we found it useful to tailor the example in such a way that it revolves around this particular lottery. There are six probabilities is that need to be calculated and we will name them x1, x2, x3, x4, x5, x6, with each of them representing the chance for one of the 6,5,4,3,2,1 picks to match the numbers.

X1 is 6/49, x2 is 5/48, x3 is 4/47, x4 is 3/46 x5 is 2/45, x6 is 1/44 and the values for each probability are as follows: x1=0.125, x2=0.108, x3=0.085, x4=0.064, x5=0.043, x6= 0.022. Now that we have the probability for each number to be matched, it is very easy to calculate the chances of winning the main prize by simply multiplying these values. X1 * X2 * X3 * X4 * X5 * X6 = 0.000000072 which translates into a chance of 1 in 14 millions, which without being an uplifting result can at least provide players with an accurate idea about what they are up against.