That is the definition of doubling your chances.
One ticket is usually a waste of money. The only time it actually makes logical sense to buy a ticket is when the prizes are exorbitant. And even if it makes mathematical sense, you have to ask yourself if it's worth buying a ticket with such low odds.
I'll throw in $20 when I see lotto max over $60M or 6/49 over $35M. No encore (fool's game).
You are correct and I was wrong. What I meant to say was that you do not appreciably increase your odds by purchasing any more than one ticket per draw.
One ticket is a waste of money if you do not win. But
someone does win. As the saying goes, you have to buy a ticket to win.
So the way I look at it is like this. $3, $5 or $8 a week will have zero effect on my life. $500 a year will have no effect on my life and I can afford to blow it on the extraordinarily long odds that *I* might win a jackpot that
would have a huge effect on my life. And I play regardless of whether or not it is a big jackpot or a small one. $5million bucks will make a big difference in my life and still worth the $3, $5 or $8 (both draws) I throw away.
But any more than one ticket per draw is an even bigger waste with a 1 in 28,000,000 chance of me being that "someone" who wins. I hear people say that they don't enter the small draws because
WHEN it is their turn to win, they don;t want to waste their win on only a few million bucks! lol! Mind of a gambler.
So your $20 on big draws is better spread over multiple draws than on one draw. IMO.
I agree with you that Encore is a sucker bet. So are those scratch and win crack addict tickets.