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Make It. But I love to play the lottery," she told the Lancaster Online newspaper. Pflaumer-Phillips told The Boston Globe she and her husband have been buying lottery tickets regularly for the past 20 years, and she plans to use some of her winnings to fund a trip to Disney World. That also means that buying lottery tickets on the regular — every day or every week, for example — does not up your odds of winning, because the odds of all lotteries are independent. Plus, when you buy more tickets, "the investment you make by playing multiple games also goes up and the payouts in a real lottery may vary," points out Dr. Of course, if you do win the lottery, financial experts usually advise you to take the lump sum option and invest your winnings in long-term stocks , rather than taking multi-year annuity payments. All Rights Reserved. Follow Us. Janet Pflaumer-Phillips, Diamond Millions scratch-off winner.

The recent multimillion-dollar jackpots on offer from the Powerball and Mega Millions lotteries have had many Americans salivating at the idea of becoming instant millionaires.

Get Make It newsletters delivered to your inbox. However, there is one way to diamond millions 2020 your chances of winning the diamond millions 2020, says Glickman: Your odds do improve by buying more tickets for each game.

So investing more money in a higher number of tickets might not always be worth the expense, Lefton says. Well, not exactly. Terms of Service Contact.

Skip Navigation. Of course, buying a couple of extra tickets isn't going to change the fact that winning a big pot is long shot. But, for some especially lucky people, that once-in-a-lifetime luck inexplicably strikes more than once. It would be easy to think that someone would have to be one of the luckiest people alive to win the lottery multiple times. Like this story? Surely, if you win the lottery once, the odds of you winning again would have to skyrocket, right? Kevin Phillips and Janet Pflaumer-Phillips in VIDEO Squawk Box. And Eugene Martellio, of Vineland, N. But Martellio doesn't want to stop there, as he told lottery officials he's still hoping for a third win sometime this year, possibly from a massive Mega Millions or Powerball drawing. Dodson has a daily habit of buying lottery tickets with no plans to stop. I don't smoke. Kevin O'Leary: What to do if you win the lottery. That's a different approach, and it's just like any other gambling: You should only be willing to spend what you can afford to lose.