Whether you're a frequent Powerball player or you only play when the jackpot is enormous, you want the best chance of winning. Consider this, the odds of winning an Academy Award are better than winning the big jackpot. But you're still going to play, right?  So, here are some tips to help better your chances of becoming an instant millionaire.

1. Quick Picks and personal numbers have the same chance of winning — one in 175 million.
2. The only way to increase the chances of winning the Powerball is to buy more tickets.
3. However, the more people buy tickets, the worse a person’s chances get.
4. Search for lotteries that have smaller jackpots because they cause smaller frenzies.
5. Stay away from common lucky numbers like 3, 7 and 11 as well as numbers under 31 because they could be popular calendar dates like birthdays and anniversaries and would mean sharing the jackpot.

According to the Colorado Lottery, if you won the $500-million jackpot and took the cash option, you'd still wind up with about $327-million, not bad for few bucks and some "cross your fingers" good luck.

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