The Odds of Winning Sweden Viking Lotto

The Odds of Winning Sweden Viking Lotto

A lot of people engage in the game of luck through lotteries even the odds of winning are very stiff. They are not mindful that most of the time they are just wasting time and money. But for most people, winning the lottery is for financial freedom.

 

Sweden Viking Lotto is comprised of 5 prize divisions. The odds of winning the jackpot prize are 1 in 12,271,512 on a 6/48 matrix where you have to match 6 numbers with the drawn winning balls. The second prize, where you have to match 5 balls plus 1 Bonus Ball, has 1:1,022,626 odds of winning. The third prize has to match 5 balls and the odds of winning are 1:48,696. The fourth prize, where you have to match 4 balls, has 1:950 odds of winning and finally the odds of winning the fifth prize, where you have to match 3 balls, are 1 in 53. The jackpot prize is given in lump sum and is tax free.

If we were to analyze the odds of winning Sweden Viking Lotto, we might just give up. But some experts have suggestions on how to maximize the odds of winning where they take into consideration some criteria like jackpot sizes, currency, deductions and taxes, actual versus estimated jackpot, the likelihood of a split jackpot and jackpot rollover. Some use algorithms studied by mathematics experts where they update the jackpot, currency and ticket sales. Nevertheless, more people are hooked in playing this Viking lotto, either intellectually or by chances, due to its huge jackpot prize and the larger it gets, the more players are enticed to bet either online or on ticket outlets.