A lottery is defined as a type of gambling that involves the drawing of lots for cash prizes. Simply put, individuals can purchase a lottery ticket that has a set of numbers; if any of those numbers match up with the official numbers drawn, cash prizes are awarded. If all the numbers on a particular match, then the individual who purchased the ticket wins the lottery jackpot. The odds of winning a jackpot are usually very low but they are often worth millions and many lotteries have jackpots that roll over – or increases each week the jackpot is not claimed.
There are dozens of lotteries across the world, totaling hundreds of millions of dollars in jackpots. Here is a brief overview of the largest lotteries around the world:
The National Lottery – The National Lottery is the largest lottery in the United huay Kingdom, with the main game known simply as Lotto. All prizes in the lottery are tax-free and paid in lump sum. In the Lotto game, players choose six numbers between 1 and 49 and drawings are every week.
French Keno – In the French Keno, which is France’s primary lottery, players select ten numbers between 1 and 70. The lottery selects twenty official numbers, which means players have players only have to match ten of the twenty numbers drawn in order to win the jackpot.
Powerball – While most states in the U.S. have their own lottery, there are a few multi-state lotteries and the Powerball is the largest of the few. Powerball tickets are sold through several lotteries in several different states as a shared jackpot game. The grand jackpot starts at 20 million dollars and can roll into hundreds of millions of dollars over the course of several drawings.
Euromillions – The Euromillions is a pan-European lottery and the largest in Europe, with nine participating countries. The Euromillions is essentially comprised of two separate bets; players must pick five numbers between 1 and 50 and two numbers (known as lucky star numbers) between 1 and 9. Drawings occur every Friday evening and five numbers are drawn followed by two “lucky stars” numbers.