
The 7 Texas Lottery Scratch-offs You Should Buy in April, Here’s Why
Whenever a new Texas Lottery scratch-off game is put into circulation, lottery officials also release a 'How to Play' page for that game.
In addition to the specifics and rules of that game, an odds chart is also made public. This shows what the odds are of winning each prize amount in that game.
The chart above shows the chances of winning the various prizes of the Hot Pink 7s game.
The odds of winning back your $5 on this game are about 1 in 9.38, while the chances of scoring one of the 5 top $100,000 jackpots are an extremely slim 1 in 1.44 million.
At least those were the odds when the game first went into circulation.
Calculating The New Odds
Let's take a look at whether the odds of winning one of the top jackpots in this game have increased or decreased. Using data readily available on the Texas Lottery page for this game, we can see the current distribution of prizes that have been won.
By looking at the biggest sample of numbers ($5 prizes claimed), we can get a relatively sound approximation of what percentage of this game's tickets have been bought. In this case, that's about 50.3%.
Over half of the Hot Pink 7s tickets have been bought, yet none of the 4 top jackpots have been claimed. It's pretty obvious that the odds of winning one of the top jackpots have increased...
...But By How Much?
This is where you do some more number crunching that involves the total number of game tickets that were originally distributed against the estimated percentage of tickets bought, etc...
Until you come down to comparing the original odds versus the current odds. Plug those numbers into the percentage increase/decrease calculator, and you have your answer.
In this game, the odds of winning one of the top jackpots have increased by over 100% since the game was introduced.
The Chances Are Still Very Slim
Even though a 102% increase in odds sounds great, keep in mind that the chances of winning this top jackpot are now 1 in 712,000.
That's not too reassuring, but if you're going to spend the money on lottery tickets, you might as well get the ones with the best odds.
With that in mind, here are the 7 Texas Lottery scratch-off tickets that you may want to consider purchasing because the odds of winning the top jackpots for each game have increased by at least 30%.
Looking for Better Odds in April? Here are 7 Texas Lottery Scratch Off Games You Should Consider
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