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

Power Play

Gambling; Lottery

An option in the Powerball Lottery game. Players have a chance to multiply their prizes (except the jackpot) by up to 5 times with the Power Play option. For an extra $1 per play, a player is ...

pull tabs

Gambling; Lottery

A game similar to the lottery game. Tickets sell for 25 cents or 50 cents or even more and typically offer prizes ranging from free tickets to $500. Each ticket has perforated windows which open ...

punch board

Gambling; Lottery

Another lottery-type game. The player punches out a slot on a board for a chance to win a merchandise prize. Punch boards offering cash prizes are also common.

quad

Gambling; Lottery

A four-digit number consisting of the same number. Example; 1111.

repeat

Gambling; Lottery

A number that contains at least one of the digits that was drawn the previous day or the previous draw.

rollover

Gambling; Lottery

An event that occurs when the lottery jackpot or a jackpot game is not won. The jackpot thus 'rolls over' to the next drawing, resulting in a bigger jackpot for that drawing.

spiel

Gambling; Lottery

An add-on feature to a lotto game. For an additional fee an extra set of numbers (typically four to six numbers) is printed on the bottom of a ticket. Players win by matching one or more of these ...