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How euromillions revenue is broken down

March 31st, 2012
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How Euromillions Revenue is broken down

The primary aim of most lotteries around the world Is to provide money for the government, the state, and good causes within a nation. It should be noted then that lotteries exist in a nation ultimately to improve the quality of life for the people of that nation. The Euromillions is no exception. In the UK alone the Euromillions lottery has raised over €20 billion for their Good Causes program. In each host nation the distribution of the money raised is handled usually by a separate organisation audited by the government.

In this article we will use the UK as an example to look at where your Euromillions ticket money goes! On every single ticket there is both profit and operating costs. In the UK Camelot take only 0.5% of each ticket as personal profit, they then have to spend 4.5% on their operating costs. Each retailer who sells Euromillions tickets gets a 5% commission for themselves, thus making it a big advantage to a local retailer’s business if they sell Euromillions tickets.

The government of the UK take 12% of the ticket price to cover ‘Lottery Duty’, this of course helps fund the government of the nation which in turn helps the people too. Giving the most money from each ticket sale is the UK in Camelot who give a massive 28% of each ticket sold to the good causes fund. The remaining 50% if used to create the prizes that are given to winners.

Another huge surprise is where any unclaimed prizes go! If in the UK your prize remains unclaimed for 180 days after the draw then all of your money will go to the good causes fund. To date the highest prize to remain unclaimed and go to charity was a bounty of €11,149,775! This may seem shocking but since the start of the lottery twenty four prizes in excess of €1 million have remained unclaimed and gone to charity.

Author: admin Categories: Euromillions, lottery Tags:

A Brief Account of Canadian Lotto 6/49

March 29th, 2012
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Canadian Lotto 6/49 was launched on June 12, 1982 and is one of the most popular National lottery games of Canada. This lottery game has changed the way of playing lotteries in Canada. It has allowed players to choose their own lottery numbers unlike the other ones. The game has been offered by the Interprovincial Lottery Corporation, an alliance of the five regional and provincial lottery corporations that cover all of Canada.

As the name suggests, here six numbers are drawn from a set of 49. One needs to match of all six numbers to win the jackpot prize of at least $3,000,000. A bonus number is also drawn, and if a player matches five numbers and the bonus number, then he is entitled to get the “second prize” which is usually between $100,000 and $500,000. If more than one player wins the game the prize money is distributed among them. There are also other prizes for those who match two, three numbers with the bonus numbers. For instance, the jackpot prize is not won by any contestants, and then the money is rolled over to the next game. Canadian Lotto 6/49 has reached the record jackpot of $ 54 million and plays bi-weekly, every Wednesday and Saturday. The Lotto 6/49 jackpot starts at $ 3.5 million and increases per drawing when there is no winner.

For winning the jackpot you have to match 6 numbers from a range of 1 to 49 numbers. Seven balls are drawn at random to determine the winner. The first six numbers form the winning selection and the seventh ball represents the bonus number. There are six ways to match and win in different categories. So with only two balls plus the bonus number you can win a prize.

Canadian Lotto 6/49 tickets were as less as $1 which was later changed to $2 per line in the year June 2004. This was done to offer big jackpot amounts. The minimum jackpot amount was also raised from $2,000,000 to $3,000,000. The game’s largest jackpot was drawn on October 26, 2005, making a Canadian lottery record. The winning ticket was worth $54.3 million. This ticket was purchased in CamroseAlberta by a group of 17 oil and gas plant workers. The second-largest jackpot in Canadian history was estimated at $50.3 million. This was drawn on February 21, 2009 and the winning numbers were 11, 20, 33, 34, 37, 39, and bonus 22.

 Prizes can be won with these combinations: 6/6, 5/6 + bonus number, 5/6, 4/6, 3/6 and 2/6 + bonus number. The bonus category winners must have 2 or 5 numbers that match the winning selection and also have the complementary number. Forty-five percent of this Canadian lotto 6/49 draw sales are dedicated to the Prize Fund. The total amount of $10 prizes are paid from the Prize Fund. The balance remaining comprises the Pool’s Fund and is allocated (pari-mutuel) between the 4/6 (23%), 5/6 (12%), 5/6+B (15%) and 6/6 (50%) prize categories.

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Israeli new lotto

March 28th, 2012
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Israeli New Lotto

Israel is home to one of the longest lasting national lottery games still being played today, it has done so under strict monitoring and auditing on behalf of the Israeli government. Also known as the Mifal Hapayis, this game has been running with growing success since 1951. While Israel offers various games run on a national scale under Mifal Hapayis the most popular of those, and the one we’ll be looking at now is the Israel Lottery New Lotto.

The game of Israel New Lotto is played with a double matrix of 6/37 and 1/7. For the players this simply means that they choose one set of 6 numbers from a pool of 37 and one Chazak -bonus or extra- number from a pool of 1-7. When buying your ticket you may also select to have your numbers chosen for you at random by a computer.

Once your numbers are selected then catch the relevant draw on a Tuesday or Saturday at 10.55pm Jerusalem time, or check your results online to see the draw….

Firstly the draw machines select the 6 winning main numbers out of 37, then it picks one Chazak number at random from a second machine with a pool 1-7. If you successfully match 6 numbers and the Chazak number you will be in the top tier of winners and have access to the New Lotto jackpot.

Winning an Israel New Lotto jackpot is the dream of many with a minimum jackpot of 4 million Israeli Shekels approx €1,000,000 up for grabs twice a week every week. The odds of winning such a huge jackpot are around 1 in 18.59 million. Whether you win the jackpot or not there is plenty of money to be made in the 7 other prize tiers!

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Rewrite the spain bonoloto champions’ history

February 27th, 2012
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Rewrite the Spain BonoLoto Champions’ History

The Spanish lottery is one of the oldest lotteries in the world which provides varieties of games. Among which the BonoLoto lottery is one of the popular game that is conducted by the Loterias Del Estado (ONLAE) which is under the Spanish government. The Spanish games have been started in the year 1763 and till now it has been unbelievably popular among the European countries as well as among the various countries in the world. Since the Spanish lotteries offer huge prizes of jackpot money, huge population of people participates in the BonoLoto lottery games.

The BonoLoto lottery game that has 6/49 is played about four times in a week. Initially, this lottery was introduced in the year 1988 on 28th of February and since then it has been significantly popular in the portfolio of Spanish lotteries. Every week, the drawings of this lottery game takes place on Monday, Tuesday, Wednesdays and Fridays at 9 PM. The starting jackpot amount of this game is about €400,000 and if the jackpot is not won by any player, the prize amount gets rolled over, that is it gets rolled over at least four times in a week which makes it a huge amount.

This Spanish national lottery is played just like the other lotteries by choosing six digits from a pool of 1 to 49 numbers. The player needs to match these six numbers with the main lucky numbers. Apart from these, a seventh number is drawn as a bonus number to win the second prize. There are also four other options to win the BonoLoto game each week. The players not only can win the jackpot, there are also many other small cash prizes if they match 5, 4 and 3 numbers. The QuickPick option is also followed by the players where the computer picks them the n umber randomly.

In this option, the computer uses an arithmetical calculation and chooses the lucky numbers for the players. Thus, it is quite simple and convenient to play the BonoLoto Spanish lottery game. Now-a-days, this game could be played by any person from any part of the globe. The only eligibility for this is the player should have completed 18 years of age to participate in the lottery. All you need is a computer and an internet connection to participate in the game and you can easily buy the tickets through an authorized dealer online from any part of the world.

Even the results could be easily checked online and in case you win cash prizes, the prize amount could be transferred to your bank account and you need not go in person to get the amount. When compared to the other lotteries of Spain, the odds of winning this game is quite high. The chances of winning the jackpot prize are about 1 in 13.98 million and for the second prize, the odds of winning are 1 in 2.33 million people. Since the game s drawn four times in a week, there are numerous chances for the players to win the show.

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Why are people crazy about turkey superlotto

January 18th, 2012
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Why Are People Crazy about Turkey SuperLotto

The Turkey SuperLotto game was initiated in the year 2007 in the month of October and among the various lotteries, this lotto game was the one which was very recently introduced. The lottery was first conducted by the Turkish National Lottery Administration company which is known as the Milli Piyango. This company introduced numerous lottery games to the Turkish people but the Turkey SuperLotto is one of the most popular games. This is a traditional jackpot draw style game that starts with a jackpot prize amount of about 1.1 million. Every month, this lottery has been creating millionaires since its birth.

The Turkey SuperLotto 6/54 is played in the usual manner as choosing six digits out of a range of 1 to 54 numbers and in order to hit the jackpot, the player must match all the six numbers with the main lucky numbers. The odds of winnings are quite high in this lottery since there it does not have any bonus numbers to be drawn. The drawings of this game occur only once in a week on Thursdays and if the jackpot is not won, just like any other lotteries in the world, the prize amount gets rolled over to the next draw making it a huge amount.

The important criterion for participating in the Turkey SuperLotto is that the player must have completed eighteen years of age. But you can very well take part in this game from any corner of the world by playing it online. It has become quite convenient and easy to buy the tickets online through officially authorized lottery dealers. In case you are put up in Turkey, you can purchase the tickets from any of the retail outlets. An important advantage of playing the game online is that you need to go directly to Turkey to buy tickets or to play the game.

Also the winning results would be notified to your email or you could also check in any of the websites. Even if you win any cash prize, it is not a must that you should get it in person; the prize amount would be automatically transferred to your bank account. The best odds of winning the Turkey SuperLotto game is about 1 in 25,820,000 and out of the 54 possible options, you need to just match the six digits to claim the first jackpot prize. The most repeated number that has been drawn so far in the lottery is 35.

And the least numbers drawn in the game are 51 and 53 which was only drawn six times each. There are four other methods to win the prizes of the Turkey SuperLotto but still the odds of winnings are highly competitive. Usually, the prize amount is paid to the winners in lump sum cash and it is a must that the winner should claim the amount within 365 days from the date of the drawing. In case your winnings are less than TL250, you could very well show your tickets and claim the amount from any of the lottery retailers in Turkey.

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Striking Gold With South Africa Lotto

November 21st, 2011
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In the lottery portfolio of South Africa, the most popular and the most important lottery game is the South Africa Lotto. This game was initially set up by the South African National Lottery Company in the year 2000. It is a traditional draw style jackpot game that has a matrix format of 6/49. Usually, the drawings of this game occur twice in a week on Wednesdays and Saturdays giving more opportunities to win. Just like any other lotteries, the prize amount gets rolled over to the next draw if it is not won by any of the players.

But when it gets rolled over for about four times, it gets split up between the second prize winners. The usual method of playing the game is choosing six numbers out of a range of 1 to 49 numbers. Apart from which there is a seventh number drawn which is the bonus number that determines the second prize. The first prize of jackpot is won if the player matches all the six numbers with the drawn numbers and the second prize is won if the player matches 5 numbers along with the bonus number. The lucky numbers are generally drawn using a ball drawing machine.

The South Africa Lotto also offers the QuickPick feature in which the computer generates the random numbers for the players. Either the players can select the random number generator or they can select on their own. There are six different ways to win the prizes of this lottery game and can walk away with cash prizes at least twice a week. In the past, this lottery game was limited only to the citizens and the residents of the South Africa, but at present, it is open to the entire people in the world with the advent of the internet.

It has become quite convenient and easy now-a-days to purchase tickets online using the debit or credit card facility. But make sure, you buy the tickets through officially authorized lottery dealers online. There is also an option of checking the winning results online and in case you win any cash prizes, you need not go directly to claim the prize, the amount would be transferred to your bank account without any hassle. The only eligibility to participate in South Africa Lotto is that the player should have completed 18 years of age.

The odds of winning this lotto game are quite high when compared to the other lotteries in the world. The biggest jackpot ever won in the record of South African lotteries is R44, 700,128 which was a huge amount after a rollover of four times and this prize amount was shared among four winners. The jackpot prize amount is paid in lump sum cash to the winners and it is a must that the winner should claim the amount within 365 days from the date of drawing. The winner has to submit a claim form with his personal details in it and can claim it form the South African Lottery office.

Author: admin Categories: lottery Tags: ,

Euromillions, choose your numbers wisely!

July 14th, 2011
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Tips for choosing your numbers in the Euromillions lottery

Euromillions is a lottery system played across Europe and other nations such as United Kingdom, Belgium, Spain, Austria, Portugal, Ireland, Luxembourg and Switzerland. Jack pot games held by this lottery systems can rise to huge amount. Recently a ticket holder in Spain has one a 110 million Euro jackpot. That means $153,462,753 USD! There is no wonder why people like to play it. To play the game and win prizes, it is necessary to have good knowledge on Euro Millions lottery systems. Apart from it, certain tips and tactics should be required to win any of the guaranteed prizes. Read more…

Author: admin Categories: Euromillions Tags: , ,
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