Based on the price of an individual ticket, a roll of lottery tickets can include 15, 30, 60 or 150 tickets. This variance is due to the standardized cost of $300 for each roll of tickets. Individual tickets within a roll are valued at $20, $10, $5 and $2. Here are some tricks you need to know when buying a roll of lottery tickets to help you increase your winning chances.
Typically, scratch-off tickets are sold in different odds, styles and designs. The price point of each ticket is inversely proportional to the total number of tickets present and vice-versa. However, your chance of winning increases when you buy a higher value ticket and invertedly correct. Cheaper tickets have low payouts and a low percentage of overall winners. Depending on the game and your location, the most expensive tickets are the best to buy for higher-payouts.
Understand the Odds of the Game
You need to know and analyze the odds of the game with your roll of tickets. The odds of a single game involve the chances that any given ticket in your roll will be a winner. Games presenting a higher chance of winning don't really mean that you're more likely to win the jackpot. However, it takes a more valuable ticket for the price, given a large spread of lesser prizes. In this case, you should buy a roll of lottery tickets at your desired price point with the greatest odds of any winner.
Study the Small Print
Most lottery tickets have the odds of winning printed on the back of the card. They're printed as a ratio of numbers: 1: 5, or 1: 20. This means that one out of every five or 20 tickets will be a winner. To help increase your chances of winning, compare the odds of a couple of games before making an educated guess as to which type of tickets to buy in bulk.
Buy in Bulk
Seldomly do you get two winning tickets in a row. But there exists at least a couple of winners in every roll of tickets. So, when you realize a winning ticket has been bought in a specific roll, say the $10, stop playing for a while. Resume by going to another store and buying a different roll of tickets like $20 or $5. This ensures that you don't spend a fortune on an almost certain loser.
Check the Prize Levels
It's essential to check the price points before you buy a game. Retailers are allowed to sell rolls of tickets for a scratch-off game in which all the top prizes have been claimed. Some stores post this information but might take a couple of weeks. To ensure you don't waste your money, check the state lottery homepage.
Avoid Common Mistakes
Many players tend to discard their rolls of losing tickets. Don't be one of them! Many locations often run second-chance lottos. These allow you to send in the old tickets from certain games for a drawing. Avoid any package promotions though. Retailers tend to repackage old stock comprising of tickets in which the winners have already been paid out.
Set your budget for buying the roll of tickets and stick with it. Don't overspend, as you might develop a habit you can't afford.