Over the last few centuries, gambling has become a huge industry across the country and the world. From casinos and sports betting to the state lottery, people can risk it all in the hope of a huge payout.

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While playing at a casino may involve some skill which could be beneficial, sports betting is completely dependent on the participants involved. And a lottery involves hundreds, if not millions, of people hoping for the same big win. In the end, the majority of gamblers are usually let down—or worse, they end up in financial ruin.

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The lottery gives people a chance to play and win big prizes for just a few dollars per ticket. This can still lead to money problems, but when played responsibly, many Michiganders have scored some pretty big jackpots. So how likely are you to win the lottery?

The Odds of Michigan Lottery Games

The Michigan Lottery offers statewide games like Lotto 47, where you have a 1 in 10,737,573 chance of winning the jackpot and a 1 in 47 chance of winning any other prize offered on the ticket. Michigan also offers the Fantasy 5 with much better odds. When you buy one ticket, you have a 1 in 575,757 chance of winning the jackpot and a 1 in 9 chance of winning another prize.

Daily 3 and Daily 4: Smaller Stakes, Better Odds

With the Michigan Lottery’s Daily 3 and Daily 4 drawings, your odds of getting a straight match for the win are 1 in 1,000 and 1 in 10,000 respectively.

Mega Millions: Millions in Cash, Slim Chances

When it comes to the bigger games played across multiple states, the payouts get much larger—but so do your odds of winning. Mega Millions is a huge ticket with the chance to win serious cash. Your odds of winning the jackpot are 1 in 290,472,336, but you still have a 1 in 23 chance of winning a smaller prize.

Powerball: A Billion-Dollar Dream

Everyone is talking about Powerball! Every U.S. state and territory offers a chance to play except Alabama, Alaska, Hawaii, Mississippi, Nevada, and Utah. This weekend’s jackpot is the 3rd highest in lottery history at a staggering $1.7 billion! While you have a 1 in 24.87 chance of winning something from the drawing, the odds of winning the grand prize are 1 in 292,201,338.

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