It depends on the lottery.
In your lottery, all bills are unique. So, the odds are indeed doubling as others have pointed out, and if you buy all different tickets, you have a 100% winning chance (though the cost of buying all those tickets is far greater than the lottery prize).
Another lottery:
Suppose that there is a lottery where all tickets are thrown in an pool. There is only one prize. The ticket that is randomly selected gets the prize. There are already 50 tickets sold.
If you buy one ticket, then your chance of winning is $\frac{1}{51}$.
If you buy two tickets, then your chance of winning is $\frac{2}{52}<\frac{2}{51}=2\cdot\frac{1}{51}$.
So your odds are improved, but not doubled.
I guess this is where the confusion on the internet is from.