“I can win the PCSO’s Grand Lotto 6/55.” I say and share that line of affirmation with other betting Pinoys. I share this silly wish of winning the jackpot with millions of other Filipinos.
As of this writing, the jackpot for the Philippine Charity Sweepstakes Office’s Grand Lotto 6/55 stands roughly at 700 million pesos. It’s the largest-ever pot in lotto history in the country. On draw day, I am sure that people will push that pot to a larger amount as they line up to place their bets at their favorite lotto outlets.
I know that for a lot of us, there’s a slight humoring that one of us will be the next millionaire Pinoy. I do believe that all the people following the developments on PCSO’s 6/55 Grand Lotto know that there’s a greater chance of getting hit by lightning twice than hitting the jackpot. Picking six winning digits out of a field of 55 numbers gives you a chance of about 1:29,000,000.
Sounds impossible? It isn’t.
While there are odds, winning isn’t impossible. There is a sure-fire and quickest way if you have the money. If I had the money, I can consider betting 20 pesos on all combinations just to win that pot.
Betting on all combinations, I will need to shell out 580-million big pesoses. I think it’s a good investment since I’ll still have some money left-over from that gamble. However, that idea does not take into consideration that someone else might have the same idea and do exactly just that — bet on all combinations. If that happens, I’ll be in trouble.
Stupid idea. Scratch that idea from the to-do list.
I’ll take my chances with 1:29,000,000 and hope I win the lotto in this lifetime. If I know my draw schedules correctly, there are 3 draws in a week or 12 draws in a month or roughly 244 draws in a year. 244 draws with the same odds of winning. Assuming that I bet every week using one combination and the fact that the current life expectancy of an average Filipino male stands at 67 years, I have about 7,000 plus chances to win the jackpot. That’s also assuming that something doesn’t come out of nowhere to cut my lotto plans short.
- No one wins P693M Grand Lotto jackpot (newsinfo.inquirer.net)