For most of people, winning the lottery is a dream come true. It could solve all of the problems that come with the daily grind and get rid of worries over bills. “If I win the lottery…” is an often heard phrase from coworkers, family and friends. Promises of new cars, bigger houses and clearing away debt come to mind. That big vacation, that new wardrobe, a makeover….

This chance at leaving the real world and making it into the elite realm of the rich is promising for so many people. There are even websites that sell what are supposed to be lucky trinkets that will help you win the lottery. The site www.lotterysquirrel.com will sell a lucky coin made to scratch off numbers, among other things, that are touted to really work.
Each year, lottery tickets generate an estimated $45 billion annually, according to the Associate Press. If you choose to play, here are a few tips they offer. Reporter Will Wright negates some popular myths about the lottery. Good luck!

Myth 1: The more people play, the lower your odds in winning. This is false. The odds in winning are fixed. Your odds in winning the MegaMillions Lottery jackpot are 1 in 135,145,920. The odds for winning the Powerball Lottery jackpot are 1 in 120, 526,770. While the odds are fixed, the more people who play a lottery does decrease your chances in become the sole winner of a lottery jackpot.

Myth 2: Buying two lottery tickets doubles your chances of winning. Once again, this is false. If you buy one lottery ticket in the Powerball lottery, your chance of winning is 1 in 120,526,770. If you buy two tickets, your odds are 2 in 120,526,770. You have not doubled your chance at winning the lottery; you've just decreased the odds against you by an infinitesimal amount.