December 20, 2014

Lottery Basics

It is very easy to learn how to play the lottery. Amount of numbers you need to choose and the total amount of numbers to choose from depends on the lottery you play. But let’s take a New York Take Five lottery as an example. Here you need to choose 5 lucky numbers from 39. It is also called 5/39 lottery.

Of course, the lesser is field of numbers to choose from, the more chances you have to win. Also you can choose the amount you want to wager and number of draws you want to participate in. In New Your Take Five lottery you can wager from 1\$ to 5\$ and participate in up to 7 draws using just 1 lottery ticket.

Some lotteries will also offer to participate in jackpot drawing for an additional cost. New York Take Five and many other lotteries have a quick pick option. What does that mean? It means that computer will choose random numbers instead of you. This is probably the easiest way of how to play the lottery, however it is also the most unprofitable, because computer won’t do any analysis, it will just pick random numbers for you.

After you have filled the ticket, you should give it to your local retailer (usually lottery tickets can be bought in many places , such as local grocery stores, shops, newsstands, tobacco and alcohol shops etc.). Retailer will give you a separate ticket  for each lottery ticket. You should keep this separate ticket  in order to receive your future winnings.

Some lotteries will have drawings only on weekends, some twice a week, some everyday. New York Take Five lottery falls into the last category.

You should check you tickets correctly right after the draw to see whether you won or not, because negligence can cost you big money. Every year millions of dollars in winnings become unclaimed by winner and therefore go over to the government. So, obviously, you don’t want to fall into that trap.

For now you should understand how to play the lottery. In other articles you can find more advanced stuff.

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