Suppose that luck could live like a person. Then luck would want things to be certain ways. When I get things my way, I get those things as I would have them, they way I want them.
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AnonymousI do not know the meaning of 'would have it' in As luck would have it.Probably "would (want to) make it be", literally. But less literally, "as luck would have it" is "as it turns out" or "as it happens (by chance)", whether "fortunately" or "unfortunately".