Powerball Jackpot Climbs to $450 Million! 7-Time Lottery Winner Shares Secret to Winning
Powerball's jackpot climbed to $450 million Sunday, making it one of the biggest ever offered by the multi-state lottery, including New Jersey.
While no players qualified for the jackpot by picking all the numbers, ticket-holders won about $30 million in lesser prizes.
Powerball jackpots start at $40 million and grow until at least one player comes up with the winning number at a twice-weekly draw.
The next drawing will take place on Wednesday evening. If someone wins, the cash option would end up being $304.1 million. The biggest Powerball jackpot ever awarded was $590.5 million in 2013.
The odds of winning the Powerball jackpot are one in 175 million. With those odds, you could use some kind of an edge for winning.
With such an enormous sum at stake, who better to turn to then Richard Lustig — seven-time lottery grand prize winner and author of "Learn How To Increase Your Chances of Winning The Lottery" — for tips on how to win.
Lustig decided to come up with a method, which he claims has helped him win seven grand prizes, including his last jackpot of $98,000 three-and-a-half years ago.
Lustig says a guaranteed way to increase your chances of winning the lottery is simply by picking your own numbers versus using the "quick-pick" ticket option.
"It doesn't matter how you pick your numbers, once you pick your set of numbers, research them to know if it's a good set of numbers and stick with them. There's no magic method to picking your numbers..." says Lustig.
"The lazy way out is to buy quick-picks. The computer picks out the numbers. Don't play quick-picks. Quick-picks are the worst thing you can do, you are playing with the worst odds," he says.
Another important part of playing the lottery, Lustig cautions, is setting a budget of how much you can afford on tickets.
"Don't get lottery fever- don't use your grocery money, or your rent money."