Is it a smart strategy to re-purchase lottery tickets?

[Free Market Capitalist]

When it comes to gambling, I always use mathematical probability theory to analyze my chances of winning.

It should be noted that the chances of hitting the jackpot in the lottery are very small.

For example, the probability of guessing 6 numbers out of 45 in the lottery is 1:8,000,000. Is it a lot or a little? It is a very small probability. If you want something to happen to you (guaranteed) with a probability of 1:8,000,000, then you need to make about 450 attempts per day for 50 years.

So, even winning a large sum of money in the lottery once is a big luck. Winning a large sum of money in the lottery twice is almost impossible.

And if instead of counting 450 attempts per day you count that people usually play once a week, you will find that you will not hit the jackpot even if you play for 10 lives every week. Playing with the same numbers or not does not make a difference. Investing in bitcoin what you spend in lottery can make a difference.

[rodskee]

I have read some articles that described repeat lottery wins and claimed that re-purchase of lottery tickets is one of the most profitable strategies if we set ourselves the goal of re-winning.

do you mean betting on past winning numbers? i honestly do not think it will work i have not seen anyone win 2x from the same winning numbers consecutively there is also no pattern here so i do not know what you expect to follow but i guess if you do not want to stress yourself too much trying to think of a set of numbers to bet on then by all means just copy others but i do not know how much it would have given you an edge

[Botnake]

do you mean betting on past winning numbers? i honestly do not think it will work i have not seen anyone win 2x from the same winning numbers consecutively there is also no pattern here so i do not know what you expect to follow but i guess if you do not want to stress yourself too much trying to think of a set of numbers to bet on then by all means just copy others but i do not know how much it would have given you an edge

I don’t think that’s what OP meant. If I understood it correctly, it’s more about consistently buying tickets to increase the chances of winning over time, like buying regularly rather than relying on specific number combinations. At first, though, I also thought it was about the combinations, since many lottery bettors stick to their "lucky" numbers for years, hoping one day they’ll hit.

[jcojci]

If they are too greedy to win more money, they will still purchase the lottery tickets because they think that they can win more. Maybe they will buy so many lottery tickets and wait for the announcement and hope that one of their ticket can be the winner. Re-purchasing lottery tickets is smart but only with the right allocation money because we cannot use all of our winning money to buy the tickets.

If we allocate some money, bigger than before but that still the amount that we can afford to lose, we will not think much with our losses if we can not win. We can still accept the loss because we realize that is what will happen if we chase the win. But that will depend on each people because if they are smart, they will not risk too much money just to buy the lottery tickets.

[ralle14]

I wouldn't do it most of the time unless they'd give me something more than just lottery tickets, there's no need to spend regularly when that winning scenario might never come or it'll take countless tickets before you get there.

It's also why I don't participate in lotteries as much except for a few where I know my chances of winning are somewhat decent. Even with certain lotteries that offer multiple prizes, it's still difficult compared to other casino games.

[Smartprofit]

When it comes to gambling, I always use mathematical probability theory to analyze my chances of winning.

It should be noted that the chances of hitting the jackpot in the lottery are very small.

For example, the probability of guessing 6 numbers out of 45 in the lottery is 1:8,000,000. Is it a lot or a little? It is a very small probability. If you want something to happen to you (guaranteed) with a probability of 1:8,000,000, then you need to make about 450 attempts per day for 50 years.

So, even winning a large sum of money in the lottery once is a big luck. Winning a large sum of money in the lottery twice is almost impossible.

It seems to me that when it comes to winning the jackpot, there is no need to calculate the probabilities, because you yourself understand how low the chances are according to this statistic. But it is obvious that people who win the jackpot have some specific qualities, either great luck, or something else that we do not understand.

I just asked Google if there are people who win the jackpot twice and it immediately gave me several results, so such people exist and these are not isolated cases:

https://www.forumdaily.com/vezunchiki-v-kvadrate-kak-lyudi-vyigryvayut-loterejnye-dzhekpoty-po-neskolko-raz-podryad/

https://www.techinsider.ru/popmem/815843-neveroyatnoe-vezenie-istoriya-avstraliyca-kotoryy-perezhil-klinicheskuyu-smert-a-potom-dva-raza-podryad-vyigral-v-lotereyu/

The articles are written in Russian, but I know that for you this is not a problem, so it is not that rare when one person wins big several times.

In fact, people win the lottery more often than mathematical probability theory predicts.

I read a scientific study on this topic last year. And this information makes you wonder - do lottery organizers really always play fair? Or do they still manipulate the results of lotteries for marketing purposes?

Information about the same player winning the lottery twice can inspire other potential players.

Each of these potential players will ask themselves - "If this person won the lottery twice in a row, can't I win once? After all, it is much easier to win once than twice in a row!"

Such thoughts encourage potential players to buy lottery tickets, which increases the profits of lottery organizers.

[cryptoaddictchie]

I have read some articles that described repeat lottery wins and claimed that re-purchase of lottery tickets is one of the most profitable strategies if we set ourselves the goal of re-winning.
In general, I must say that the lottery is very different from other gambling games. It differs primarily in low chances of winning.

I think this is the hardest part of gambling. Ive been a lotto ticket purchaser eversince and not been able to get any good cash prize even the 2nd place or getting a 5 number out of 6. Our lotto in our country isnt that transparent so I assume theres some anomaly or modus being cooked in the winnings. Cause most winners arent divulge in public (cause they say its confidential what if someone doesnt really win but only get the prize for themselves) doing the same lottery ticket is good as you preserved the number and only chance it need is the lucky day it will get picked.

[Makus]

Sometimes due to the winning ratio of some gamblers, we assume that they are somewhat experts in their predictions and would want to follow their trend or strategy to see if we'll end up lucky just as they are, but to be honest, we don't always get thesame result as they do because they where only winners by luck nothing more. No one is an expert in gambling and the moment you start re-purchasing tickets you'll only end up losing more, especially from those who claim that they are expert predictors. I've experienced people who lost almost all they had because they believed on someone else's predictions probably because it worked for someone else.

In some kinds of gambling that allows to decrease random, predictors are possible . Sport betting, poker, blackjack. In any lottery your chances are fully random and it is impossible to predict it. So, if someone tells u that he has strategy to win in the lottery - congratulations, you see the lier. Try to ask him about his wins and, mostly, you willn`t get any proves of winning.

Lol you're very funny, that is just a fact that you pointed out. But where I'm from, sometimes some crazy shit happen and that includes mentally unstable person who just happen to wonder around the street sometimes give out booking codes, or numbers to any random dude and 80% of the time those codes or lottery number lead to massive wins, and from this experience it's possible to say that people do sell lottery tickets. Trust me lots of person hit the jackpot because of this strategy but I have never tried it because, I don't play lotto which is the most common gamble game that thses things frequently happen.

[len01]

Lottery is one type of bet that really depends on luck and only by rebuying lottery tickets is one way to get closer to that luck. There is no other way than trying to rebuy lottery tickets every day to keep seeing when we will be lucky and this is not a smart way but this is indeed the only way for gamblers to get that luck.
But there is also no guarantee that it will speed us up to get the jackpot. There is even a gambler who has been buying lottery tickets for almost a year and has not yet felt a big jackpot.

[Koadharber]

Lottery is one type of bet that really depends on luck and only by rebuying lottery tickets is one way to get closer to that luck. There is no other way than trying to rebuy lottery tickets every day to keep seeing when we will be lucky and this is not a smart way but this is indeed the only way for gamblers to get that luck.
But there is also no guarantee that it will speed us up to get the jackpot. There is even a gambler who has been buying lottery tickets for almost a year and has not yet felt a big jackpot.

Totally depends or relies with luck and even lets say that it is mathematical possible but hitting up lotteries is never been that easy or something which is really that close to impossible on which it is really that understandable that there will be those people who do just simply bet and crossed out their fingers because they dont have that kind of confidence that it will be making up some hit basing up on the odds then its just good that you should accept that winning is really that not simple. You will be needing all luck in the world if you are really that wanting to hit up that lottery, the only sad thing on here is that there were people who do really  that become desperate and purchase up tons of tickets because they do really believe that they can be able to hit it up.

[yahoo62278]

I have read some articles that described repeat lottery wins and claimed that re-purchase of lottery tickets is one of the most profitable strategies if we set ourselves the goal of re-winning.
In general, I must say that the lottery is very different from other gambling games. It differs primarily in low chances of winning. Of course, everything depends on the conditions of a particular lottery, because there are many different types of lotteries. There are lotteries where you can win many small prizes, and there are those where the main emphasis is on the jackpot.
If you buy lotteries repeatedly, then to some extent you think that the lottery is similar to other gambling games. Where you can win again, for example, sports betting. In this regard, I would like to ask: do you think the strategy of re-purchasing lottery tickets is smart?

It depends on what lottery you are talking about. If you are talking the actual scratchoff tickets, you are gonna get destroyed long run. For the big jackpots like the powerball or mega millions you have a low chance of winning, but if you do get that 1 big jackpot you will be set for life if you have a brain. You're gonna get destroyed on the big lottos as well, but the jackpot makes it worth spending a couple bucks a week trying to hit.

[retreat]

There is nothing wrong with re-purchasing lottery tickets, even though the chances of winning are much smaller, and no one can guarantee that you can win. So it comes back to the bettors whether they are willing to continue to re-purchase lottery tickets in the hope of winning, or not - if they are willing, it means they are ready to spend cumulative costs on their bets and it is possible that the costs far exceed the rewards they can get. Bettors must ensure that the purchase of tickets is in accordance with their abilities, and is done within reasonable limits and does not affect other financial needs.

[mak013]

In some kinds of gambling that allows to decrease random, predictors are possible . Sport betting, poker, blackjack. In any lottery your chances are fully random and it is impossible to predict it. So, if someone tells u that he has strategy to win in the lottery - congratulations, you see the lier. Try to ask him about his wins and, mostly, you willn`t get any proves of winning.

Lol you're very funny, that is just a fact that you pointed out. But where I'm from, sometimes some crazy shit happen and that includes mentally unstable person who just happen to wonder around the street sometimes give out booking codes, or numbers to any random dude and 80% of the time those codes or lottery number lead to massive wins, and from this experience it's possible to say that people do sell lottery tickets. Trust me lots of person hit the jackpot because of this strategy but I have never tried it because, I don't play lotto which is the most common gamble game that thses things frequently happen.

I think you understand yourself how silly it sounds? Random dude giving random advice to get jackpot. If it works so, i think that after several repeats it would be lots of gamblers around, searching such dudes. It is possible once or twice - because it is random. But it can`t be a strategy. For random games the best strategy is to avoid it.

[crwth]

Do you mean the repeat lottery numbers that you do? This is interesting because it’s most likely that it wouldn’t get picked again, but for the same reason that you choose that specific lottery—there are people who win—is that correct from what I understand from your post?

The lottery is hard to get and might take someone a lifetime to win. It’s hard, but if luck is on your side, so be it. But remember that the amount of money that you are losing buying those tickets could be serving you a different purpose.

[Furious 7]

You're too focused on a few people winning big in the lottery to see that it's just one of many lucky people being exposed because all you see in the lottery is one person becoming a millionaire or a millionaire because they got lucky in the lottery but it's not explained how many they lost before or even how many thousands or millions of people lose in the lottery every day for now.

If you only look at the lucky ones without looking at those who failed, it seems like it would be too naive to expect the lottery especially when we know that it is only the luck factor that is the main benchmark so this will only make high hopes without getting good results I think. Instead, this will make obsession rise and not realize that we are already trapped in a vicious circle that is only concerned with the thought that we will win without caring how much money we have spent to buy the lottery.

[ethereumhunter]

There is nothing wrong with re-purchasing lottery tickets, even though the chances of winning are much smaller, and no one can guarantee that you can win. So it comes back to the bettors whether they are willing to continue to re-purchase lottery tickets in the hope of winning, or not - if they are willing, it means they are ready to spend cumulative costs on their bets and it is possible that the costs far exceed the rewards they can get. Bettors must ensure that the purchase of tickets is in accordance with their abilities, and is done within reasonable limits and does not affect other financial needs.

Some of them willing to chase the winning by re-purchase lottery tickets although they know that they don't have much luck to win. But now, they have more money that they won before so they thinks that will gives more chances to more and more lottery tickets. They should consider that having many lottery tickets is not guarantee to win especially if they don't have luck so they need to be careful when spending their money to buy the tickets. It will be better if they still use allocation for the money that they want to use to buy the lottery tickets so they don't have to spends much money. Besides that, they must always know how much money that will be their limitation in gambling.

[EarnOnVictor]

In this regard, I would like to ask: do you think the strategy of re-purchasing lottery tickets is smart?

First, this is not a strategy, it's rather a deed/decision, you do not need to make a serious analysis before you repurchase cheap lottery tickets. And by repurchasing, as used in this context, it means you've won before, and if we win in this kind of lottery, it's like hitting the jackpot, so there will be more money to retry your luck if you win.

I read of a guy who won millions in 2021 and won again in 2024 just by retrying with a small amount. This guy also invested the money and became a CEO with it. This suggests that good use of the money matters and even if we repurchase, it can no longer hurt us unless we've never won before and desperately playing it.

[Mpamaegbu]

In general, I must say that the lottery is very different from other gambling games. It differs primarily in low chances of winning.

But of course, it's still gambling. Anything done where money is staked or spent and then its result is left to luck and chance is gambling in my books.

There are lotteries where you can win many small prizes, and there are those where the main emphasis is on the jackpot.

Why should anyone waste their time and money if they're going to aim for the "many small prizes" instead of the jackpot. Whatever risk we take should be with the aim of maxing out on profit. No half measures. According to a local parlance, he who must eat frogs should eat the big rotund ones so that when they're called frog eaters they should be proud to respond to such an appellation. That ought to be the case here with aiming for lotteries where one can hit a jackpot.

[SmartGold01]

If you repurchase lottery tickets with the hopes of winning, you may be disappointed because there is no guarantee that you will win. There are times when you can do it intentionally, not hoping for a win but knowing that it a win comes, then good. Having a budget that you stick to for buying lottery tickets is highly recommended. If you don't then you will gamble away your saving on lottery tickets. And if you have won before, first invest in some wise instead of spending it on buying more tickects. The smart strategy in summary is having a budget that you stick to.

You are right I don't see any sense to keep repeating buying lottery ticket if there were no previous winning and before someone should buy lottery ticket there should be a budget for it where that person has to buy that ticket within that means than regularly jumping from tickets to tickets, with this that person would end up wasting money that is meant for importance to other things. Buying tickets is not bad but buying consistently as if it's gambling then is not good maybe it could also lead to addictions where you wouldn't know when you would spend away your important savings to lottery tickets.

[Wexnident]

~

What do you mean by "re-purchased"? Is this like buying tickets that other users made, reusing tickets or reusing the winning numbers from past winnings instead? If it was the first I don't think that makes sense??? Like just do it on your own lol. 2nd one is not even allowed afaik? Like each ticket is only useable for the period it was registered in from what I know. Redeeming it for a period it wasn't registered in would just lead you to having nothing.

As for the last one, I reckon it's just a bias lol. Like people who hit by using past winning numbers ofc naturally announced it to the world. But those who didn't? Why would they announce it lol. Hence a gap was made between sharing winning stories between not sharing them, so people think that it's always going (or most of the time) win.