The numbers in full

LotteryFormatJackpot OddsCountry
Powerball5/69 + 1/261 in 292,201,338USA
Mega Millions5/70 + 1/251 in 302,575,350USA
EuroMillions5/50 + 2/121 in 139,838,160Europe
EuroJackpot5/50 + 2/121 in 139,838,160Europe
UK Lotto6/591 in 45,057,474UK
Oz Lotto7/471 in 45,379,620Australia
Lotto Max7/521 in 33,294,800Canada
Lotto 6/496/491 in 13,983,816Canada

Putting the odds in perspective

The odds of winning a Powerball jackpot — 1 in 292 million — are difficult to visualise. Here are some comparisons that might help: you're approximately 250 times more likely to be struck by lightning in your lifetime than to win Powerball. You're about 65 times more likely to be dealt a royal flush on your first five cards in poker.

The good news: someone wins every major lottery eventually. The jackpot is designed to grow until it's won, which means the prize is always going to a real person — the question is simply whether it's you.

Which lottery gives you the best odds?

Lotto 6/49 has the best jackpot odds of the major lotteries listed — 1 in roughly 14 million. That's still very long, but it's over 20 times better odds than Powerball or Mega Millions. The tradeoff is a significantly smaller jackpot ceiling.

Lotto Max offers the best combination of decent odds (1 in 33.4 million per line) and large jackpot potential — capping at $90 million CAD and then triggering Maxmillions prizes instead of growing further.

Does buying more tickets help?

In a mathematical sense, yes — each additional ticket doubles your chances relative to one ticket. In a practical sense, the improvement is marginal. Going from 1 to 10 Powerball tickets moves your odds from 1 in 292 million to 1 in 29 million. Still overwhelmingly unlikely. You'd need to buy roughly 292 million tickets to guarantee a win — at a cost of around $584 million.

Bottom line

The only way to significantly improve your odds is to play lotteries with smaller pools or join a syndicate where the group buys many tickets. Even then, you're splitting any winnings accordingly.

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