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Lottery

The LotterJust as you can take your pick of lucky numbers when you purchase a ticket, there are many verified lottery websites to choose from to buy these tickets. The below listed lottery websites are specifically designed to save you time from standing in queues and as lotteries are popular, this can be a problem for busy people. A ticket into the Powerball, UK Lotto or Euromillions is a cheap way to get a long shot at big prize. Even instant win tickets may be purchased online.

The UK lottery for example is as effective run game and players are able to purchase tickets online in just the same way as supermarkets and garage shops can sell lottery tickets. The UK National Lottery has to date received more than £20 billion in revenue from avid players, and these funds don’t only go towards prize money. It provides a specific and significant revenue source for many non-profit organisations, and winners are doled out in the region of 50% of the money earned. Every other lottery that sells tickets, does almost exactly the same thing and is strictly government regulated; so paying a pound for a ticket with the opportunity to win millions and do some help, is not at all a bad thing!

The Government gets their share (12%) of course and revenue goes to ticket sellers (6% depending on the game), while only a small percentage of the proceeds goes to administration, and this is in the region of 4%. Parliament decides which worthy causes receive what funds! Lottery websites are basically retailers who sell and track tickets and if you become a member of one of these sites, they will let you know if you have a winning ticket, which is actually an incredibly attractive feature.

How many times have you left a lottery ticket in your jeans or shirt pocket and it has been laundered? This destroys the ticket and your proof of purchase, so a million pounds may have gone down the dirty water pipes for you more than once. Lottery websites provide a back office type function where all your purchases are kept on record, including the numbers chosen. Sales channels such as lottery websites help to boost ticket sales and get them out to a wider audience; this in turn boosts the size of the prizes and other forms of secondary revenue generation.

Lottery Games

There are so many different lottery games, and you don’t have to live in the US or the UK or Europe to participate in lottery games. Although each country has their own government regulated games, if you live in IndoChina and you want a UK Lotto ticket, now you can buy one with the magic of the internet. But what games do you have to choose from? Ok, you are after some examples. Well there is the UK National Lottery of Course, the Euro Millions, the US Mega Millions, the Italian Super Eno Lotto, the Powerball in the UK, US, Australia and even South Africa, but who wants to win in ZAR? It is much nicer for South Africans to win in GBP, Dollars or Euro! These are some of the biggest lottery games in the world, but there are also many more, the Irish lottery for example is an extremely popular game.

But let’s take a closer look at the Euromillions for example. The very first draw took place on the 13th February 2004 in Paris. The last draw at the time of writing was the 23 April 2010, which was draw number 324. There was no outright winner, but the winning numbers were 03, 07, 08, 43, 46, – Lucky Stars 06, 08. The estimated prize money for the next games is € 60,000,000 with top dividends paid for 5 numbers and 2 Stars. Prizes in descending value include 5 and 1 Star, 5 only, 4 and 2 Stars, 4 and 1 Star, 4 only and so on, down to 2 numbers and one star where the expected dividend will be € 10.00! The draw takes place on a Friday night every week at 9pm and this is a joint venture between the UK, France, Spain, Austria, Belgium, Ireland, Luxembourg, Portugal and Switzerland.

I got all of this information from one lottery games site and websites which provide tickets sales for various types of lottery games all provide a tons of information about the games. What the prizes are, what numbers won, statistics, income and expenditure, general interesting facts and what the odds of winning are. These are not too shabby either, the odds of winning the Euromillions are 1:24! The convenience of having all this information at your fingertips when you play lottery games online, makes a huge difference to the amount of pleasure you get from playing and ads a level of sophistication. Lottery games online is not only about convenience, it is about being kept informed and in touch.

Lotter Games

In the USA alone about half of the adults in this country spend money on as many as 35000 different lotter games. Across the 40 states where the lotter is allowed, as much as $45 billion is spent in total annually. UK and European lottery spend figure are just as dynamic! It is big news if someone wins the lotter who spends 8 hours a day scrubbing toilets, but it is not news that millions of people spend this amount of time all over the world every day, scrubbing toilets. Will it help if this particular toilet scrubber spends even more of her hard earned money on even more lottery tickets in the hopes of getting off his/her hands and knees?

The answer to this conundrum is obviously your odds do increase by buying more tickets, but taking the example of the Mega Millions, the chances of winning are 1 in 135,145,920, increase this to 3 tickets and the odds increase to 3 in 135,145,920. Not a lot of difference really – and if anyone promises you if you buy 100 tickets, you have a better chance of winning, this is not so. Luck is the one over-riding factor that seems to contribute to winning this game; luck and complete randomness! But there is no doubt about the fact that you have to have a ticket to be a winner – however you don’t have to play a lot to win.

People are no longer queuing up for hours in cold in inclement weather to purchase their lotter tickets for a huge rollover, and they are also able to participate in a much wider choice of games. Even games from other countries, but it is very important to only play if you can afford it and play for fun, it’s much better this way. This is done with the magic and convenience of the internet, and the beauty of being a member of an online lotter purchasing site is you can earn points on your purchases and partake of other games as well as promotions to win prizes. Just like you can at a casino, poker or bingo site! Think about it like this, if you are a regular lotter player and you are contributing $/£/€ 10 a week to playing this game, and you are able to earn loyalty points, plus get your name into additional prize draws and other promotions. Surely it is more worth your while to play online than standing in the cold, and buying a ticket for only one chance at one big prize? Get the best of both worlds!

Powerball

About the Powerball

The Powerball is played all over the world in Australia, the US and South Africa. It is essentially a shared jackpot pool game with a grand prize which starts at a specific funded prize pool. In the US this is $20 million, so let us just concentrate in the US game for now shall we?

The Powerball is famous for its ability to roll over time and again until the prizes are completely off the wall. In the US this is also an advertised annuity prize winning game, which is far better in our consideration than handing over a $100 million prize to someone who has never had a cent to scratch their bum with, and who blows the filthy lucre by being stupid about it. This annuity is paid over the next 29 years, and if you think about this carefully, even if you win the absolute bare bones minimum, which is $20 million, you will probably still be earning close a million dollars a year once you have paid tax and earned interest. Certainly sufficient to stop work and do something you really want to do; secure that income will be coming your way every single year for the next 29! How much more security could you ask from life, apart from being a member of the Royal Family or a Colgate heiress?

Unfortunately however the US Powerball also offers winners a cash option and the biggest recorded prize ever in this game was for a single winning ticket of $365 million. This was won by a bunch of morons or lunatics! There were 8 co-workers in the syndicate for this ticket and they opted to take the cash and run! The cash option was less than half that of the annuity option, so they shared $177,270,519.67 before taxes instead! We just don’t understand – I mean give the other half to charity or something, but to simply discard this wealth for cash seems to be almost ludicrous.

Needless to say we are just using this winning example to form the basis of a scenario with regards to why winning the Powerball could be something that may be used to change your life and that of your family for generations. An annuity of this size shared between 8 people is still a massive amount of money! Ah well I expect the bard was correct, he generally is for every situation, including the Powerball “Saint seducing gold” indeed!

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