A Yankee lotto is a multiple bet which combines six doubles, four trebles and a fourfold accumulator into a wager with eleven possible outcomes. However, unlike an accumulator bet which requires all selections to win for it to work profitably; each individual bet works independently to generate returns; therefore if one selection loses all profits are gone but other combinations within it may still provide some returns (just not as much).
How to Calculate a Yikee Lotto
To calculate a Yikee lotto bet, begin with your unit stake and enter it in the “Yankee” box on Paddy Power website; you will see how much the total bet costs at the bottom of the screen. You may also use their Yankee calculator for more accurate results.
If you have four selections that you feel confident with, a Yankee is an effective way to cover all eventualities and can generate considerable returns even if two win (1x double). For even greater coverage and increased returns you can try an each-way Yankee, with all horses that place receiving payouts (22 bets total) plus any that win as well (this requires careful planning and higher stakes).
Some might view a lottery jackpot of half million dollars as being insignificant; but in an economy in which more and more people live paycheck to paycheck and depend on local pantries and food banks for food assistance, even this small sum could go a long way toward paying bills and providing for family needs. Should you win this big prize though, taxes must still be paid on its value before any sharing with family.