Can you do quick pick for mega millions

An estimated $1 billion dollar Powerball jackpot will be up for grabs for the lottery’s Halloween night drawing.

After 37 consecutive drawings and no grand prize winners, including on Saturday night, the pot reached the billion-dollar threshold for the second time in the lottery’s 30-year history, Powerball said in a statement.

With more people playing with hopes of becoming a millionaire (or now a billionaire), the chances of picking winning combinations remain the same:1 in 292.2 million.

Can you do quick pick for mega millions

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Many people play the lotto with “lucky numbers” – combinations of birthdays, dates, phone numbers, digits that come to them in dreams, and more.

While some select their own lotto numbers, others play Quick Picks, which are numbers that are randomly generated by machines.

So, is it better to play Quick Pick or to select your own numbers?

Chances of winning the lotto between playing quick picks or selecting your own numbers are both equal.

“Around 70 to 80 percent of Powerball players use Quick Pick tickets, and the same percentage of winning entries are Quick Picks,” one report said. “This shows that regardless of whether players choose to select their own numbers or not, the odds of winning remain the same.”

Despite having equal odds, both options have their pros and cons.

Playing Quick Pick is the fastest way to play, but leaves the possibility open for repeat numbers and combinations.

Selecting your own numbers gives you complete control over your numbers, but can take longer to play in stores, especially when the jackpot reaches enticing numbers for the non-regulars to want to participate.

That might not seem like a big deal. If you split the cash value of $930 million with one other person, that's still a $465 million jingle. The problem is the "expected value" of your ticket. With one jackpot winner (as well as a number of lesser prizes) the expected value of a $2 Powerball ticket is $3.50, a solid investment.

But dividing the jackpot cash in two, the expected value of your ticket drops to $1.91, less than the $2 you shelled out in the first place. Split it three ways and your expected value drops below $1.40, a return on investment of about negative 30 percent.

So how can you avoid splitting the prize with someone else?

For one thing, don't be lazy and take a bunch of Quick Pick tickets. Quick Pick works by giving you combinations of numbers automatically so you don't have to fill in the little bubbles. Powerball works as a drawing of five balls from a bin of 69 white balls and one red ball from a separate bin of 26.

The problem is it's impossible to avoid getting duplicate sets of numbers, which don't help at all. If you go all in and buy 20,000 tickets, you have a 50/50 chance of having repeat sets. And that's among the nearly 300 million possible combinations! As pointed out in the New York Daily News, state and federal governments, as well as lottery officials, have a vested interest in selling you duplicate tickets.

Can you do quick pick for mega millions

Even if you're not putting your life savings (and then some) into the lottery, you're still better off picking your numbers by hand. That's because people tend to cluster their number choices, and Quick Pick doesn't let you avoid those common numbers. If you pick all the common numbers, if those are the randomly selected winners, you'll be sharing the prize.

Powerball doesn't publish the distribution of numbers that players pick, but it's possible to get a glimpse by looking at the drawings that have corresponded with jackpot winners. Powerball does of course publish the numbers in all drawings and the Texas Lotto Report records the reported jackpot amount for each drawing. By combining these two, we can subset the number combinations that won a jackpot compared to those that didn't. We used a similar methodology as described here.

As you'd expect, the distribution of numbers drawn on days when the jackpot was not won is pretty even (with the caveat that Powerball has changed the number of balls in the hopper over the years, so the higher end is naturally lighter).

People don't pick randomly. There are distinct patterns in the choices they make. They play their age, their children's birthdays, even the numbers they find in a fortune cookie.

Can you do quick pick for mega millions

With 69 balls in play (ignoring the red powerball for now), each ball has an even chance of being drawn. But as you can see from the distribution, winners tend to be numbers below 30. That's not because those numbers are drawn more, but because people pick them more. There are only 12 months in the year and up to 31 days in each month, so people playing birthdays are all clumped together here.

So do the extra leg work to pick your own numbers and don't just go with your kid's birthday. You can't increase your chances of winning big, but you can make sure that if you do, you have less of a chance to share the prize.

  • Can you do quick pick for mega millions

    Powerball jackpot swells to $1.5B    9:36 AM ET Wed, 13 Jan 2016 | 01:20

CORRECTION: An earlier version misstated the drop in return on investment when the winning number is split three ways.