Florida Lotto - Analysis

I don't buy lottery tickets often and only buy when the prize amount is huge(like $25M or more) and that too, I don't bet more than $5 or $10 at a time.

In the past year, I probably have spent about $50 for the entire year buying lotto.

Buying only when the prize amount is huge leads me to two things:

1. I don't buy tickets often which prevent compulsive gambling(& daydreaming)
2. I buy less tickets so have more money in my pocket.

Most people only focus on the prize money(like I did and often do) but then you have to look at the ODDS of winning a game and then bet on it.

In the spreadsheet below, I have selected few games and you can see where the best ODDS are:

 If you want to win $1Millon or more, the best ODDS are in the New Year HOLIDAY Raffle...

Example: The ODDS of winning $1200 with MegaMoney(1: 142,000) is much much lower than winning $1Million with  New Year HOLIDAY Raffle(1:111,000)