Algorithm determines which scratch-off tickets are most and least likely to win
Algorithm determines which scratch-off ticket is most and least likely win
North Carolinians spent more than $2 billion on lottery tickets last year. Think again if you believe scratch-offs only bring luck.
North Carolinians spent $2.9 billion on lottery last year. 68% of those sales came from scratch-offs.
They are bright and fun, and can be purchased on a whim.
You can also rely on luck.
People buy tickets and go out saying things like, "Oh, that's pretty ticket," or "This one feels lucky." Jarred James, the founder of Lotto Edge, stated that people don't realize what they're actually buying.
Lotto Edge analyzes lottery data and predicts your odds of winning any scratch-off tickets.
James explained that James "goes out and analyzes data that people didn’t know existed." "We cannot guarantee you win, but our odds of winning will increase."
North Carolina and other states are legally required by law to disclose the data from each scratch-off game. For example, which prizes were claimed already, and how many tickets remain.
James then uses this method to calculate the chance of winning each game and shares these odds on his site. Lotto Edge offers premium paid and free memberships.
He stated, "Most of my contacts are shocked to find out that there is data available."
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Similar websites exist, like
James Carmer, site founder, crunches the numbers in all states with available data.
Carmer explained that North Carolina has a few games which are listed as having a positive return of investment. "This happens when there are just one or two major prizes and possibly a few thousand tickets remaining."
Four tickets were bought by the NBC Charlotte Defender Savannah Levins in order to try it out. Carmer's website indicated that two of the tickets had the greatest chance of winning. Two were also listed as having the lowest chance.
The data showed that both the tickets that had higher odds of winning were winners. They won a total $30. Both the highest odds of winning tickets -- and those with the lowest odds -- were lost. how to pick winning scratch off lottery tickets
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