Company: Others
Created by: federica.masante
Number of Blossarys: 31
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This can refer to any game where winners are determined once a day, but usually refers to a numbers game such as the 'Daily 3' or 'Daily 4' games played in many states.
The fee paid to retail outlets for selling lottery tickets. Commissions in North America typically range between 5 percent and 6 percent of the price of the ticket.
A way of betting a three digit number that covers all possible combinations of sequences.
A lottery prize that will be paid out all at one time, rather than over several years.
A large jackpot that the winner elects to receive as a lump sum cash payment rather than an 'Annuity' (see above) over several years.
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, ...
