Slots is a game that offers players the chance to win $100,000 or more on a single spin of the reels.  What’s more is that the only real skills in slots is knowing how to properly manage your money, and being able to find the highest paying machines.  This being the case, many people wonder if slots are any better than the lottery.  So it’s definitely worth comparing the two games to find out which is more profitable.

Breakdown of the Lottery

In our quest to see what is the more profitable form of gambling, we’ll begin with a breakdown of the lottery.  Taking a look at the Kansas state lottery (United States) in 2009, the State Revenues Gaming Fund received 29% of the money made from lottery sales, 4% went to vendor fees, 6% went to retailers, 5% covered administrative expenses, and 56% of the money went to the prize pool.

So when everything was said and done, only a little over half of the revenue made from ticket sales went towards the actual prize.  This means that you can only reasonably expect to earn $0.56 back on every $1 you invest in the lottery.  If state lotteries were held in a casino, the house would have a 46% edge!

Breakdown of Slots

Assuming you play online slots, you can expect to receive payouts ranging between 95% and 98%.  So if you earned exactly what the law of averages state, you would be making $0.95 to $0.98 back on every dollar you invested into online slots.  And you’d have the chance to win a huge jackpot on top of everything.

The Answer……

If you look strictly at percentages, there is no real comparison between the lottery and internet slots.  The average player is going to make way more cash back at the end of the day with slots.  But if you’re looking to strike it rich, then state and national lotteries are a good way to give you the hope of one day being a millionaire.

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