If you are living in one of the 9 participating countries you have probably already heard of the Euromillions lottery.
It is a lottery held in the following 9 countries: Belgium, France, Ireland, UK, Austria, Switzerland, Luxembourg, Spain and Portugal.
The concept is pretty easy. There are 50 numbers and 12 stars (numbered from 1 to 12).
You have to predict the 5 numbers and 2 stars which will roll out of the trommel. Easy isn’t, but more about that later.
Each time when the jackpot has been won, the game starts over again with a fresh jackpot. The minimal jackpot is €17.000.000. It is a roll over jackpot, meaning that each draw when the jackpot wasn’t won the money from the jackpot rolls over to the next draw. Until €190.000.000 has been reached. From that moment, if in the next 5 draws the jackpot hasn’t been won, parts of the jackpot roll down to rank 2. At the fifth draw with the max jackpot an no winner the complete jackpot will roll down to rank 2.
|Rank||Numbers correct||Stars correct||probability||expected payout||Possible combinations|
So in total there are 139.383.160 combinations are possible, but remember that there are 139838160 combinations which would win a prize. So only 7.71% of the combination will result into a winning ticket.
Each time that the jackpot increases more and more people are creating pools to buy tickets. A ticket can consist of multiple combinations, each combination costing €2.5.
For with this max jackpot people who normally don’t buy a lottery tickets will rush to a ticket store and buy one! And so will I.
Suddenly jackpot pools are popping up all over the place. Colleges putting their funds together so that they can buy more combinations. Newspaper shop, who do offer the possibility to participate in pools. No doubt about it that some pools will buy more than 100 combinations, that is €2500!
But people do forget how small the chance is to win the jackpot.In Belgium you do have more chance to be hit by lighting than the win the jackpot.
Here in Belgium where we rarely do have earthquakes and if we have one it is a small change. But still we do have 6 times more chance to die due an earthquake in Belgium than to win the jackpot.. Just like when having a shuffled card deck and we do pull all 4 aces in a row had twice as much chance than winning the jackpot!
So why do people play!
Well that is easy. Each ticket most players buy, makes them dream. For sure with this jackpot!
For 99% of the players, they would earn more if they, in stead of buying a ticket, put they money into a saving account! Only for 0.001% of the players this isn’t true!
Having this evening even a combination in rank 3 could be life changing!
I normally don’t play, but I will buy 4 combinations. These combinations will be picked by the computer!
You never know.
If I don’t make a loss, I will be happy. If I do have a ticket in rank 2 or so, I would pay off the mortgage!
If I would hit the jackpot I would buy the house of the neighbors, break it down and turn it into a sports area for the kids 😊.
Maybe I will also buy a business lounge at KRC Genk!
Hey a person can dream! But this person knows that dream rarely come to life!
The put things in perspective. The jackpot equals 1.187.500.000 STEEM! So, you can more or less rule the platform! So, yes I would buy some extra steem and also max out my steemmonsters deck!
Probably I will also become the whale on all tribes I am active in!
But I guess, I will have to work my ass off, to get my account growing the hard way!
While there is no easy cash, this could be easy cash!
Will you buy a ticket? And what would you do with the winnings!