$40million up for grabs in tonight's mega New Year's eve Lotto draw

There’s an eye-watering $40 million up for grabs for tonight's New Year's Eve Megadraw lotto event in Australia.

The Lott spokesperson Matt Hart said the $40 million jackpot was the biggest prize ever offered by Lotto’s annual Megadraw event.

'The Megadraw has a reputation for being a millionaire maker. In previous years, it’s created more millionaires in a single night than any other draw,' he said.

'The last Megadraw saw 19 division one winning entries share the jackpot, with each entry enjoying a $1.5 million prize.'

While Lotto is a game of chance and every number has an equal chance of being drawn, The Lott revealed the most frequently and least frequently drawn Lotto numbers during the past 35 years.

The most frequently drawn, or ‘hot’, numbers during this time were 1, 11, 8, 22 and 40.

Meanwhile, the least frequently drawn, or ‘cold’ numbers were 44, 14, 30, 27 and 17.

'We know some people will be marking their entry with their favourite numbers, and perhaps even some of these hot and cold numbers, while others will simply let the lottery terminal do the work and determine the numbers on their ticket for them,' Hard says.

'Either way, if you have a ticket in your hand, you’re in with a chance.'