Consumer Corner: What are the odds of winning the lotto?

Today's EuroMillions jackpot is at an all-time high of €230 million. Are you in with a chance?

You are putting your name in the hat to become a millionaire but what are your chances really?

There’s something exciting about playing the lotto. It’s the possibilities that winning can bring and the idea that money can indeed buy happiness. Who hasn’t laid in bed at night imagining how they would spend €100 million? However, playing the lotto is not free, and it does come with a price.

Each week, there are two n ational lottery draws and two EuroMillions draws. The cheapest price of a EuroMillions lotto ticket is now €2.50, jumping to €3.50 when you add in the ‘plus’ option, which gives you access to additional draws. That’s for one line of numbers. The cheapest national lottery ticket is €4 for two lines, jumping to €6 when you add in ‘plus’.