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!

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