Beat the Odds: Who is More Likely to Win the Jackpot?

Beat the Odds: Who is More Likely to Win the Jackpot?

Posted: Wednesday, Nov 06,2019 | Time: 06:13 am | Edited by: The Lottery Lab Staff

If you don’t play lotteries, you’re not going to win the jackpot. A study for the Journal of Gambling Studies found that 70% of 20 to 30 year old’s buy a lottery ticket at least once a year. While only 45% of those 70 and over do. In contrast to this, the age group of 30-69 on average buys 25 lottery tickets a year. The odds of winning various lotteries vary but The Telegraph states that your average odds are 1 in 45,057,474. Despite the high odds stacked against her, Evelyn Evans was lucky enough to win the lottery twice, cashing in a total of $5.4 million.

Lottery participants can be broken into age groups showing that middle-aged people are more likely to play the lottery.

• 1/6 of 18 – 25-year-olds play the lottery once a month.
• 1/3 of 26 – 34-year-olds play the lottery once a month
• 1/2 of 35+-year-olds play the lottery once a month
• 70% of the UK population plays the lottery at least once a year. And 50% playing the lottery at least every month.

According to a study, when it comes to online gambling, the following is also a list of age-groups that are more likely to play:

• Under 24: 12.8%
• 25-34: 24.5%
• 35-44: 22.8%
• 45-54: 19.8%
• 55-64: 20.4%
• 65+: 12.1%

During the survey in the UK, 48% of people who participated in the survey had attempted to win a jackpot in some way in the past four weeks. This figure dropped to 33% when the jackpot was excluded from the lottery. And solely focused on jackpots attained through gambling. This can be further broken down into gender demographics which show that 53% of men and 44% of women have gambled. These numbers are steadily growing from previous studies. 17% of those surveyed attempted to win their jackpots online, with 97% of these attempting this from home.

In conclusion, it is difficult to tell who can beat the odds but figures suggest that a middle-aged male is more likely to win the jackpot. Reason? Because the majority of the lottery jackpot participants are from that age and gender group!