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

Add a new term

Contributors in Lottery

Become a Contributors

Lottery

overdrawn number

Gambling; Lottery

A digit that over a period of time is drawn more often than the norm. While some play these numbers because they are 'Hot', they can only reach normality by not being drawn.

hot number

Gambling; Lottery

A digit that over a period of time is drawn more often than the norm. While some play these numbers because they are 'Hot', they can only reach normality by not being drawn.

instant game

Gambling; Lottery

A lottery game that is played with the player scratching to remove a latex coating to determine if the ticket is a winner.

jackpot

Gambling; Lottery

The payoff prize for a lotto or lottery game. Usually If no one wins, they roll over to the next drawing and increase in size/amount.

keno

Gambling; Lottery

A lotto game in which several numbers (typically 20) are drawn from a large field of numbers (typically 80). Players select a set of numbers from the main field (usually a minimum of 3 numbers up to ...

lotto

Gambling; Lottery

A game where players select a small group of numbers (usually six) from a large set (usually 49) and are awarded prizes based on how many match the randomly drawn result. In a typical lotto game, a ...