Single digit lotto

These lottos have a single winning number which is from 0 - 9 (i.e. a single digit number). Hence they have high winning odds and accordingly less prizes. Overall, they have better risk/reward ratios as compared to other lottos.

These lottos are different from other lottos where you have to match multiple numbers ( from 0 - 99 ) to win prize. To explain how single digit lottos are different from other lottos (and to explain winning odds), lets consider an example.

Suppose there is a Jackpot lotto in which a user has to match all 6 numbers to win Jackpot; while he gets lowest prize if any one number matches. Also, there is a single digit lotto in which winning number can be one of 0 - 9 (hence total possible numbers are 10 ) .

Now, if a user buy 6 numbers of Jackpot Lotto and similarly 6 numbers of single digit lotto.

Winning odds in Single digit lotto are = = chances of win : total possible outcome = 6 : 10 . Probability of winning is 60%.

Considering Jackpot Lotto: Winning odds to win the least prize (of matching any 1 number ) = chances of win : total possible outcome = 6 : 100 . Probability of winning is 6%. Probability to win the jackpot = ( 6 / 100 ) ^ 6 = 0.0000046656 %

Here, we cannot go just with above numbers saying that as Single digit lottos has high winning odds they are better. We should compare apples with apples. Along with winning odds; you should also compare the prizes. You should choose one in which Probability * Price is Higher.

Example of jackpot lottos we can find many on internet; while example of a "Single digit lotto" is at http://www.SingleDigitLottos.com