Why Some People Still Play the Lottery after Winning

playing the lottery again after winning

Obviously none of this applies to me!

Many people try to get rich with the help of lotteries. Most of the people blow it all on various amenities as well as upgrades. However, most of the previous lottery winners continue to play the lottery after winning it. Many people who have not yet won the lottery find this quite confusing.

Most of the winners actually attempt multiple lottery wins. This is one of the primary reasons why they continue playing the lottery.

Of course, each and every winner has a different purpose for continuing with the lottery. Some such reasons are summarized below.

why lottery winners keep playing the lottery

1. Reliving the riches:

It is a known fact that most of the lottery winners blow up all the money within the 1st 5 years of winning the lottery.

They seldom invest the money.

The problem is that when you do not invest your money, you are more susceptible to spending it all. In order to relive the riches, most of the lottery owners continue to play the lottery.

2. Avoiding the same mistakes:

Many people make proper plans to utilize the lottery money once they have lost it all.

Since the only way they know to regain such a large amount of money is to win the lottery and hence they  attempt to play it again.

They promise themselves the list of spending mistakes to avoid.

Many previous winners just hope that life will give them another chance and it would turn out differently this time around.

3. Faith in their techniques:

winners from a lottery poolThe number of techniques which revolve around lottery wins are plenty. Some people utilize a lottery pool whereas some others go for wheeling. Since they have already won the lottery once, they think that their system actually works.

As a result of the faith in the system, they think about playing the lottery again.

The problem is even if they win the 2nd time around; there is no concrete way to know whether it is because of their system or whether it is random luck.

This is the reason why the consistently keep on playing the lottery after winning it.

4. Greed:

Many lottery winners cannot suppress their emotions of greed. When they blow away the money or whether they invest it, they always want more. This is another reason why the play consistently.

As most of the winners get into financial trouble, they think that winning the lottery again will solve their financial trouble.

greedThis greed forces them to play the lottery again and again.

The problem is that the odds in the lottery are not in your favor especially if you’re not using any technique like wheeling or lottery pools.

This is the reason why they never win again but in all, they continue to play for a long period of time.

As you can see, for different people the reasons for playing the lottery are different. This is the reason why most of the winners continue to play the lottery even after they have made it big once.

 

 

Why Lottery Pools Win More Often

a lottery pool

Why do lottery pools win more often?

Because they wheel their numbers!

Of course you can do this as a single player as well if you want but it will cost you more in ticket purchases.

A lottery pool is assumed to be the surest way to multiple lottery wins. playing the lottery individually provides you with very bad odds of winning. This is the reason why if you really want to invest your money in playing the lottery, it is important to go with the pool way.

lottery pool that won bigWith the help of lottery pools, you will be able to significantly increase your chances of winning.

Also, when you look into the history of lottery pools, you will realize that the probability of a lottery pool winning is far higher as compared to an individual winning. There are quite a few reasons for the same.

1. Larger number of entries:

The 1st and foremost reasons why lottery pools win so frequently are that of the number of entries in the lottery pool are much more. This makes the probability swing in your favor.

When you have more entries, the probability of winning can increase exponentially. Also, as the jackpot amounts keep on rising, even smaller win means a lot of money for the pool members. This is the reason why participating in the lottery pool is actually beneficial for you.

Statistically, the more the number of entries the higher will be your probability of winning. You can further increase this probability by choosing the right kind of combinations.

2. Using the right technique:

Unless and until, you have participated in the lottery pool, you will not know that they use the wheeling techniques for numbers. This ensures that you are able to get the best combinations of which you can buy multiple tickets.

Thus, not only you are able to get multiple tickets but you can actually get them with the best combination.

How Wheeling Works

As you can see from the video above wheeling numbers significantly increases your probability of winning. Since the ticket cost is split among the group, you can be sure that the amount of investment which you will have to put in will be on the lower side.

This ensures that with the help of the wheeling technique, you are able to increase your probability of winning manifold.

The wheeling technique takes into account the probability of each number being drawn in the probability of different combinations consisting of these numbers. Thus, it will become easier for you to choose only the best combinations for buying the tickets.

3. The Factors Involved

another winning lottery poolThis is one of the main reasons why lottery pools win so frequently as compared to individual players. In some of the cases, if the size of the lottery pool is large enough, the majority of the wheeling combinations can be taken care of.

This ensures that in every few draws, you will be able to win a certain price. At the very least, you will be able to recoup your investment in lottery tickets.

If you’re still struggling to find the right technique to win the lottery, lottery pools are the perfect option for you. Once you choose the right one and the legit one, all you need to worry about are spending mistakes to avoid once you finally make it rich.