Lottery Calculator

  

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How does this lottery number generator work?

You can use this lottery number generator to generate your lottery numbers for Mega Millions, Powerball, Lotto Max, UK National Lottery and many other lotteries. Please, follow this step-by-step instruction below. Choose your lottery region Select your favorite lottery from the drop-down list or just fill in the other fields below. A lottery odds calculator is a tool that allows you to determine your chances of winning a particular lottery. The utility can show you the odds of winning the grand prize, which can be a valuable tool in determining whether the lotto is worth playing.

The generating tool allows you to quick pick lottery numbers you need to complete your lottery ticket either for Powerball or any other national or international lottery. All you have to do is enter how many numbers the lottery ticket has so the lottery number generator will know how many numbers to consider, how many numbers you need, whether or not to allow repetition and the date of the lucky lottery draw.

Most of us have bought at least a lottery ticket in their life or at least know how the lottery games work. It is all about the numbers chosen and the luck of the lottery player. The most important step is choosing them. Some choose dates that have certain significance to them, some build up elaborate schemes of predictions and other simply pick the first that come in mind at the moment.

Example of a result:

Lottery CalculatorFree

How many numbers on the lottery ticket? A: 34

How many numbers you need to select? A: 5

Allow number repetition? A: No

Is there a Bonus number? A: No

How many lottery tickets would you like to generate? A: 4

Choose the lottery draw date: A: March 21, 2015

Result:

  • Taxes also influence many lottery winners’ decisions on whether to choose a lump-sum payout or an annuity. The advantage of a lump sum is certainty — the lottery winnings will be subjected to current federal and state taxes as they exist at the time the money is won. Once taxed, the money can be spent or invested as the winner sees fit.
  • The state tax rates withheld by the lottery, as well as the final state income tax rates, are amounts that USA Mega found in publicly-available sources. It is possible that niche tax law in a state would add or subtract from the state tax burden faced by a winner, but that is beyond the scope of this analysis.

Your lucky lottery numbers for the lottery draw

on Saturday, March 21st, 2015

Lottery Calculator

Ticket 16, 31, 4, 13, 21
Ticket 27, 32, 33, 1, 34
Ticket 322, 3, 27, 34, 29
Ticket 416, 24, 1, 29, 14

What is a lottery?

Lottery Calculator Math

Lottery

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Lottery

This is a form of gambling which involves the drawing of lots for an amount of money. The prize is taxable over a certain amount, established by the rules of the country in which the lottery is drawn and the funds go to various public institutions. In some countries there are public lottery systems while in others such games are declared illegal. While in the early 20th century most gambling forms were illegal, in the second half of the century casinos and lotteries were step by step allowed and a tax system was implemented in order to add more revenue to public institutions besides tax revenue.

Lottery Early History

Did you know that the first recorded signs of a lottery date around 200 BC from the Han Dynasty? Early lotteries are thought to have financed government projects in that time such as the Great Wall of China. In Europe, the Roman Empire spread lottery games at their dinner parties through lottery tickets that were awarded different prizes. They are also thought of organizing such things to obtain funds for the development of the City of Rome. The game of Lotto became very popular in Genoa and started first as a biannual contest of bets on the names of the candidates to membership of the Great Council. This practice was met with great joy and expanded and it was decided to replace the bets on candidates with bets on numbers that were held more frequently than the earlier type of bets.

Probability of winning the lottery

The chances of winning the jackpot at a certain lottery vary depending on the system. Some of the factors that determine the chances of winning and you need to consider are:

  • The count of possible numbers
  • The count of winning numbers drawn
  • Whether or not a specific order is required
  • Whether repetitions in the result are allowed

A jackpot lottery ticket is the ticket in which all the numbers match the numbers drawn at the corresponding lottery draw. Tickets featuring fewer winning numbers (to an established limit) are also awarded prizes but the value of the winnings is spread amongst all the winners in that category, so the more people guessed the numbers as you did, the smaller the amount you won will be.

The Powerball Lottery

The Powerball Lottery is one of the most known lotteries within United States. In Powerball Lottery are drawn 5 balls out of the 59 balls and a bonus number drawn out of 35 balls. Two times per week there are organized Powerball drawings that can change one lucky men’s life.

The simple 6 from 49 lotto

Describes the game in which the player chooses six numbers, with no duplicates allowed, out of the numbers from one to forty-nine. If the entire six numbers drawn match the numbers on the player’s ticket this is a jackpot winner. For this kind of lottery the jackpot chances are of 1 in 13,983,816. The wider the range from which the number are chosen is the smaller the jackpot chances are. Decide for yourself how lucky your numbers are generate a lucky combination!

17 Mar, 2015