Lottery

Lottery

A lottery is a form of gambling which involves the drawing of lots for a prize. It usually involves the organizer selling a large amount of numbered tickets and conducting draw to select the winning numbers. Lotteries are usually run to raise revenue in addition to taxes by government agencies.

Industry: Gambling

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Lottery

annuity

Gambling; Lottery

It is like a mortgage. Lotteries sometimes use annuities to create higher jackpots than they have the cash for. An annuity backed jackpot winner collects the money in installments over several years, ...

bonus ball

Gambling; Lottery

A seventh ball drawn in the UK National Lottery. Matching 5 numbers and the 'Bonus Ball' wins the second highest prize.

Bonus Gopher 5

Gambling; Lottery

Similar to the Gopher 5 lotto, Bonus Gopher 5 has a sixth Bonus ball drawn. Players still get five numbers on their ticket and they still need to match the first 5 numbers drawn to win the jackpot. ...

Bonus Match 5

Gambling; Lottery

Bonus Match 5 is a numbers game organized by the Maryland Lottery. The Lottery selects five winning numbers ranging from 1 to 39 every evening. A Bonus Ball will then be drawn from the remaining 34 ...

box bet

Gambling; Lottery

A way of betting a three or four digit number that will pay off if those three or four numbers are drawn in any order. For example 245, 452, 425 would win if the selected number is 542.

boxed

Gambling; Lottery

A way of betting a three or four digit number that will pay off if those three or four numbers are drawn in any order. For example 245, 452, 425 would win if the selected number is 542.