Showing posts with label lottery. Show all posts
Showing posts with label lottery. Show all posts

Tuesday, May 31, 2016

The Big National Lottery Experiment


Maybe this has been done before but not by me.

The big experiment is that I am going to buy one lucky dip Euromillions ticket each week for a year. So that is 52 tickets costing a total of £104.

Will I win more than I spend? Will I win big? Is it a good investment strategy. Who knows?

As an experiment statistically it is a bit limited as I am only playing one line per week. The odds of winning any prize are 1 in 13 on the main draw.  So taking the lowest average win which is £2.70 I should earn £10.80 and spend £104 making a grand loss of  £93.20.

Of course I could win a lot less or I could win a lot more. It will interesting finding out.

I will post updates whenever the mood takes me or when I have a win to talk about.

So far after week 1 I have spent £2 and received £0 makes an early loss of £2.

Things can only get better!