How We Calculate Our “Jackpot Value Score (Average)©”
There are currently over 40 lotteries available to play and bet on within the UK - in fact, Jackpot.com alone offers 31 lotteries to bet on at the time of writing.
When you consider the following, things start to get very confusing:
- Each lottery has a different size jackpot
- Each lottery has different probability of winning the jackpot
- Each lottery costs a different amount to play/bet on
Let’s input a couple of popular lotteries side-by-side to demonstrate the point:
| Lotto | Average Jackpot Size | Probability of Winning Jackpot | Cost to Play/Bet |
| UK National Lottery | £10,000,000 | 1 in 45,057,474 | £2.00 |
| Euromillions | £54,473,530 | 1 in 139,838,160 | £2.50 |
| US Powerball | £53,388,085 | 1 in 292,201,338 | £3.00 |
Which lottery gives you the most Jackpot bang for your buck?
People often ask us... which lotto should I bet on or play if I want to:
- have the best chance
- to win the most Jackpot
- by spending the least amount
Tough eh! Time to dust off the GCSE Maths text book and start working out some percentages? Luckily CompareTheLotto.com has done the hard work for you, and below we lift the lid on our trademark calculation for our Jackpot Value Score©
Jackpot Value Score© = (Average Jackpot SizeOdds of Winning the Jackpot)
((average jackpot size/odds of winning the jackpot)/cost to play)*100)
Now, let’s look at the same lotteries as above but with the Jackpot Value Score© worked out:
| Lotto | Average Jackpot Size | Probability of Winning Jackpot | Cost to Play/Bet | Lotto Value Ratio |
| UK National Lottery | £10,000,000 | 1 in 45,057,474 | £2.00 | 11.1 Average |
| Euromillions | £54,473,530 | 1 in 139,838,160 | £2.50 | 19.5 Good |
| US Powerball | £53,388,085 | 1 in 292,201,338 | £3.00 | 6.1 Low |
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