The Philippine Charity Sweeptakes Office (PCSO) runs the Philippine government's lotto. On February 22, 2009, the Philippine lotto with its 6/49 draw was said to be the largest in Philippine history with a pot estimated to be P 320, 000, 000.00 or about $ 7 million US dollars. The hugeness of the pot attracted around 25 million Filipinos, including first timers, to bet for it, hoping to hit the jackpot. In fact just last April 2008, a construction worker from Novaliches, Quezon City, won the jackpot alone, which was estimated to be around P 249, 000, 000.00.

The Philippine Charity Sweeptakes Office (PCSO) runs the Philippine government's lotto. On February 22, 2009, the Philippine lotto with its 6/49 draw was said to be the largest in Philippine history with a pot estimated to be P 320, 000, 000.00 or about $ 7 million US dollars. The hugeness of the pot attracted around 25 million Filipinos, including first timers, to bet for it, hoping to hit the jackpot. In fact just last April 2008, a construction worker from Novaliches, Quezon City, won the jackpot alone, which was estimated to be around P 249, 000, 000.00.

The odds against winning the 6/49 Philippine lottery, statistically speaking, is near to impossible. Basically you are to choose six numbers from a group of 49 numbers. To determine the odds of winning the lotto consider the following formula: 49 x 48 x 47 x 46 x 45 x 44 = 10,068,347,520. This means that when one bets on the 6/49 Philippine lotto, his chances of winning it is a mere 1 to a 10 billion.

I do not have any liking to gambling nor do I have any plan to bet in the future. I am only blogging about this is because of the statistics and the chaos involved in it. With near to impossible chances of winning the lottery, you may ask what fool proof ways of winning the Philippine lottery? Well, for now, I came up of two ways to do it.

1.) List all 10 billion combinations and bet on it. - This would mean that you would have to spend P 201,366,950,400 at P 20 per combination. Betting in all combinations will surely help you get the right combination and win the Philippine 6/49 Lottery.

However, you may have noticed that you would have to win 626 more to recover the money you have spent to buy all those combination. Furthermore, the P 320, 000, 000 jackpot seldom comes around and it does not even guarantee that you will be the sole winner of the prize.

2.) List all possible combinations for investment aside from gambling and invest on it. - According to my barber he has betted in the Philippine lotto faithfully for seven years already. Yet in those seven years he has never won a single peso. Every year he spends nearly P 7, 000 for betting. In the span of seven years that is roughly P 49, 000 spent in gambling alone.

But considering that his P 7,000.00 was placed in a time deposit account which yields around 1.25 to 2.25 % per annum depending on the amount, it would have yielded around roughly P 48,000 in seven years.

Should he, however, placed that P 7, 000.00 in the stock market and wisely chosen stocks using Warren Buffet's methods, his money would have reached up to P 89, 000.00 + ( 15% compound interest) to a huge P 160, 000.00 ( 30% compound interest).

So those are my secret formula to win the lotto. To all gamblers, "Good Luck" (I don't believe in it though) you are going to need lots of it.