Baron Capital Enterprise Inc (BCAP)

[60ftcat]

A lottery is a gambling game that's used to raise money. At its most basic level, a lottery involves paying a small amount of money — to purchase a lottery ticket, for example — for the chance to win a prize, such as a large sum of money.

Lotteries don't involve skill. Since lotteries are determined purely by chance, all you need to be is lucky...VERY lucky!

So what are your odds of winning the jackpot? As it turns out, they're not so good. Although the exact odds depend upon many factors, let's look at a couple of examples.

In a lottery in which you pick 6 numbers from a possible pool of 49 numbers, your chances of winning the jackpot (correctly choosing all 6 numbers drawn) are 1 in 13,983,816. That's 1 shot in almost 14 million. If you were to buy one lottery ticket each week in such a scenario, you could expect to win once every 269,000 years.