7-time lottery winner gives tips on how to win - KSLA News 12 Shreveport, Louisiana News Weather & Sports

7-time lottery winner gives tips on how to win

Posted: Updated:
  • KSLA News 12 HeadlinesMore>>

  • Police seek trio of tattoo parlor robbers

    Police seek trio of tattoo parlor robbers

    Monday, July 28 2014 10:59 PM EDT2014-07-29 02:59:31 GMT
    Three masked men burst into a Shreveport tattoo parlor and demanded money (Source: Shreveport Police Department)Three masked men burst into a Shreveport tattoo parlor and demanded money (Source: Shreveport Police Department)
    Officers were called out early Saturday morning to the Trensetters tattoo shop on Jewella Avenue. They said three gun-toting masked men burst into the parlor and demanded money from customers and employees.More >>
    Officers were called out early Saturday morning to the Trensetters tattoo shop on Jewella Avenue. They said three gun-toting masked men burst into the parlor and demanded money from customers and employees.More >>
  • Neighbor says victim stopped theft over weekend

    Neighbor says victim stopped theft over weekend

    Monday, July 28 2014 9:19 PM EDT2014-07-29 01:19:36 GMT
    A neighbor said the man killed in a Monday morning home invasion stopped a theft nearby last weekend.More >>
    A neighbor said the man killed in a Monday morning home invasion stopped a theft nearby last weekend.More >>
  • Man killed in Cass County shooting wanted in Texas

    Man killed in Cass County shooting wanted in Texas

    Monday, July 28 2014 8:57 PM EDT2014-07-29 00:57:34 GMT
    Cass County Sheriff's deputies work the scene of a fatal shooting Sunday afternoon in Bloomburg.Cass County Sheriff's deputies work the scene of a fatal shooting Sunday afternoon in Bloomburg.
    The deputy involved in a fatal shooting Sunday evening in Cass County has been identified, along with the man authorities say he was attempting to serve with felony warrants. More >>
    The deputy involved in a fatal shooting Sunday evening in Cass County has been identified, along with the man authorities say he was attempting to serve with felony warrants. More >>
ORLANDO, FL (KCTV/CNN) -

People need luck to win the lottery; at least that is the conventional wisdom.

But a Florida man says that is just utter nonsense.

Jackpot junkie Richard Lustig has won seven grand prizes over the years. His biggest jackpot ever was his fifth grand prize of more than $840,000, and he says there is a method to his money making.

Lustig says he was good in math, but he didn't study any specific math courses.

"My method does not have anything to do with any kind of math solution. First, the important thing is set a budget," said Lustig. "It is very easy to get lottery fever. Do not spend grocery money. Do not spend rent money. Figure out what you can afford, what your budget is and stay within your budget.

For example, Lustig says, if one's budget is $100, they would want to divide the budget by 10. Then buy 10 tickets in a row of the same game.

"Do not split it out over three or four different games," said Lustig.

"If you buy 10 tickets in a row of the same game, almost every single time you do that, you are going to find a winning ticket in there," he said.

Lustig says most of the time one might even find two, and sometimes even three to four winning tickets in that stretch of ten tickets in row.

Another tip Lustig says is do not buy quick picks because it never increase the chances of winning by purchasing tickets with a random selection of numbers generated by a computer.

A final tip Lustig says is for people buying scratch-off tickets to never buy random selection of tickets behind the counter because you enjoy the game or the color of the tickets.

"It is the worst thing you can do ... you might as well put on a blindfold, take a loaded gun and try and hit the target. It is not going to happen," said Lustig. "One of the biggest things I stress is that luck has nothing do with this. I believe most of the good things that have happened to me have been because I was methodical, I thought it through and approached it in a manner that I felt gave me the best chance."

Of course, no one, including Lustig, can guarantee striking it rich in the lottery. That is why they call it a game of chance.

Copyright 2012 KCTV (Meredith Corp.)  All rights reserved.

Lottery sidebar : Check Your Numbers

Updated:

Click through for lottery results, draw dates, frequency charts, jackpot information and more! More>>

Powered by WorldNow