## Lottery Tickets Could Win You Big Bucks!

by Tom Gee

Playing the lottery is a chance that many people take everyday. People buy tickets for a specific amount of money at multiple locations. They can buy one ticket or as many tickets as they would like to pay for. The tickets contain numbers that are either picked by the buyer or picked from a random draw. The numbers are pulled by random and if you hold the ticket with the numbers drawn or combination of the numbers drawn then you win money.

The lottery is one of the greatest ideas. You and many other people pay x amount of money for 1 or more lottery tickets each. These tickets are entered into a drawing. A number or combination of numbers is randomly chosen and the person with that number or combination is the winner. Usually, the winner walks away with a large amount of money.

Many states and countries participate in the lottery and the winners can win even if they don’t hit the jackpot. Prizes could be on the order of \$1,000 to an excess of 150 million dollars. With that kind of money as a prize, why not give the lottery a shot. Most tickets only cost \$1 to \$5, if you’re in the US, or one to five Euros if your in Europe. However it should be noted that it is possible to by European tickets in American prices.

Americas lotto system and the European lotto UK are similar systems. There can be many winners for one winning combination at different levels. Many people play the lotto everyday but only a select few will actually win. Some of those people will buy several tickets a day to try and have the winning combination.

One example is the lottery game in America called Mega Millions. It has prizes even if you get at least 3 numbers matched. However, if you tie with someone else, the total winnings are split equally between each winner. For instance, if two people have the same winning numbers for a total prize of \$250,000, they must split it evenly among themselves. If someone else won at a different pay scale, like \$1,000, you would not get some of their winning.

When you win a large amount of money the government will take their share of taxes out. Sometimes the government can take 40% of the amount you won but at least they allow the games to be play which give people a shot at winning money. Winners still benefit because they walk away with a lot of money. So, why not take the deal of paying \$1 to \$5 for a lottery ticket and possibly win a large amount of money.

Even though you might not always win, the lottery can still be a lot of fun! However, it is important to keep in mind that the lottery should not be a method of getting out of debt or improving your lifestyle. It should only be played with excess money which you can afford to lose. Keep in mind, it is simply a game to have fun with among yourself and your friends.

If you understand the concept of the lottery and want to press your luck, try buying many tickets with a group of people. For instance, if a \$1 ticket were bought by five people and you agree to all split the winnings, then your chances of winning will increase. This is a great way to have fun with friends, so why not give it a try? You may get lucky.