Gambling terms, explained straight

Lottery, Bingo & Number Games

Lottery jackpot odds

Lottery jackpot odds are the probability of winning the top prize in a lottery game, usually expressed as a ratio such as 1 in 13,983,816.

Formula
For a pool of P balls, choosing T and matching W winners: Pr = (C(T,M) × C(P-T,W-M)) / C(P,W)2
Powerball odds
1 in 292,201,3383
EuroMillions odds
1 in 139,838,1605

Key points

  • Odds depend on the number pool, how many numbers must be chosen, and whether bonus balls are used.12
  • A 6-from-49 lotto (e.g. Lotto 6/49) has jackpot odds of 1 in 13,983,816.13
  • The UK Lotto jackpot odds are 1 in 45,057,474; Lotto Max odds are 1 in 33,294,800.46

Common questions

What are the odds of winning the lottery?

The odds of winning a lottery jackpot depend on the game format. For example, Powerball odds are 1 in 292,201,338, while a standard 6-from-49 lotto gives odds of 1 in 13,983,816.13

What are good odds in a lottery?

Good odds are relative: a 6-from-49 game (1 in 13,983,816) is far better than Powerball (1 in 292,201,338). No common lottery offers odds better than about 1 in several million.13

Where this term is used

Not the same as

  • Jackpot lottery — a game type that offers a jackpot, whereas lottery jackpot odds is the probability of winning that prize

Sources

  1. Lottery en.wikipedia.org Provides general lottery odds and examples for Powerball and 6/49.
  2. Lottery mathematics en.wikipedia.org Gives the mathematical formula for calculating lottery odds.
  3. Powerball en.wikipedia.org Supplies the specific Powerball jackpot odds figure.
  4. National Lottery (United Kingdom) en.wikipedia.org Provides UK Lotto jackpot odds.
  5. Eurojackpot - Wikipedia en.wikipedia.org Supplies the EuroMillions jackpot odds figure of 1 in 139,838,160.
  6. Lotto Max en.wikipedia.org Provides Lotto Max jackpot odds.

Sources are drawn from regulators, universities and published research, and each one is labelled with what it actually is — a preprint is not called a paper. Bookmaker and affiliate pages are never cited here, because a page that sells betting is not a neutral authority on it.