Powerball Jackpot up to $400M, Seven-Time Lottery Grand Prize Winner Offers Tips
Updated: Wednesday, February 19 2014, 04:57 PM EST
On Wednesday afternoon the Powerball jackpot stood at $400 million, with a cash option of $227.8 million.
Richard Lustig, the world's only seven time lottery game grand prize winner and author of "Learn How to Increase Your Chances of Winning the Lottery" says that most of the time, people lose their tickets or don't check their numbers to see whether they've won. Earlier this month a lottery player in the Bronx lost out on a million dollars when their winning Powerball ticket expired February 3, Lustig said.
In an interview with WKMG Orlando Lustig advised treating the lottery like a job, playing every week. He also suggested sticking to a budget.
The four rules Lustig says to stick to (via WPTV) are:
-Pick your own numbers instead of having the machine do it for you
-Research and see if your numbers have won before
-Select your ten sets of numbers and keep those if you continue buying tickets
-Buy as many tickets as you can afford
He also, in several interviews including with Fox News' "Fox and Friends," advises against "Quick Picks."
"Always pick the same numbers," Lustig said in the interview. "Don't play Quick Picks. When you play Quick Picks, your odds are always going to be at their worst."
Powerball drawings are held Wednesday and Saturday at approximately 11:22 p.m. The odds of winning the Powerball Grand Prize is 1 in 175,223,510.00.