Lesson 1: Lottery Types
Since their first appearance, lotteries have been, and still are the number one gambling activity for the greatest number of people in the world over. Government-supervised lotteries and/or privately run lotteries are conducted today in dozens of countries around the world, as well as online. These lotteries vary in methods of determining winners, ticket prices and amounts of prize awards but essentially they all consist of the chance selection of tickets or numbers, or the prediction and selection of results of sporting events.
For those not familiar with the various types of lottery games, there are 4 basic game structures:
Lotto:
In this style of lottery a set of numbers (usually 6) are selected by or on behalf of the player from a field of numbers which typically ranges from 38 to 60. The winning numbers are drawn either once or twice weekly and if your numbers match all of the winning numbers, you win the jackpot. Secondary prizes are awarded for matching some of the numbers correctly depending on the prize structure of the individual games. The optimum number field to give you the best combination of odds and size of jackpots is between 42 and 49.
Draw lotteries:
These are lotteries in which you purchase tickets with pre-selected numbers and are drawn only at certain dates of the year. As with lotto you win the grand prize if your ticket numbers match the winning numbers drawn or secondary prizes for a partial match, however you have no control over the numbers on your ticket(s).
Instant lotteries:
With instant tickets you find out immediately if and how much you have won by scratching a protective security seal off of the ticket revealing the prize amount.
Keno:
This is a game similar to lotto, however you can chose from 4 to 10 numbers out of a field of 70 and 20 winning numbers are selected. The more numbers you play (between 4 and 10) the larger the prizes you can win but the odds also increase. Conversely, by playing less numbers you can increase your odds however the prize amounts are smaller. If you interested in finding our more on Keno see our Keno school, or you want to get started, play our free online Keno game.
For those not familiar with the various types of lottery games, there are 4 basic game structures:
Lotto:
In this style of lottery a set of numbers (usually 6) are selected by or on behalf of the player from a field of numbers which typically ranges from 38 to 60. The winning numbers are drawn either once or twice weekly and if your numbers match all of the winning numbers, you win the jackpot. Secondary prizes are awarded for matching some of the numbers correctly depending on the prize structure of the individual games. The optimum number field to give you the best combination of odds and size of jackpots is between 42 and 49.
Draw lotteries:
These are lotteries in which you purchase tickets with pre-selected numbers and are drawn only at certain dates of the year. As with lotto you win the grand prize if your ticket numbers match the winning numbers drawn or secondary prizes for a partial match, however you have no control over the numbers on your ticket(s).
Instant lotteries:
With instant tickets you find out immediately if and how much you have won by scratching a protective security seal off of the ticket revealing the prize amount.
Keno:
This is a game similar to lotto, however you can chose from 4 to 10 numbers out of a field of 70 and 20 winning numbers are selected. The more numbers you play (between 4 and 10) the larger the prizes you can win but the odds also increase. Conversely, by playing less numbers you can increase your odds however the prize amounts are smaller. If you interested in finding our more on Keno see our Keno school, or you want to get started, play our free online Keno game.
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Lottery School Lessons
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