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WASHINGTON, D.C. (WUSA) -- With the Powerball jackpot up to 500 million dollars crowds are rushing to get the winning ticket. The odds of that being you however, are beyond slim. The odds for Wednesday's drawing are projected at 1 in 175 million.

Richard Lustig, the only person in the world to win seven lottery grand prizes, offered some do's and don'ts and gave up some advice to lottery winner hopefuls.

First he says never over spend. He says only play what you can afford.

Lustig added, "The very first thing and most important thing to do is to set a budget. Don't spend grocery money, and don't spend rent money."

Secondly he says stay away from quick picks. Instead he says always play your own numbers, and stick to them.

He said, "I know there are people sitting there right now saying...What do you mean don't play quick picks? I always play quick picks... Have you won yet?"

Lastly Lustig says acknowledging that you will almost surely be a loser is key, and it's the reality. Life goes on, he says. "Listen carefully, people, there is going to be millions of losers. So don't be one of those people that wakes up Thursday morning and realizes you are a loser."

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