59-634: [REDACTED] Look up lotto in Wiktionary, the free dictionary. Lotto may refer to: Lotto, original, 15th century name of the Italian lottery Lotto America , one of many U.S. lottery games called Lotto Lotto (Milan Metro) , a railway station in Milan, Italy Lotto carpet , a carpet having a lacy arabesque pattern Lotto Sport Italia , an Italian sports apparel manufacturer Lotto–Dstny ,
118-695: A Belgian cycling team "Lotto" ( The Office ) , a 2011 episode of the US television series Lotto (band) , a Polish alternative rock trio Lotto (album) , by EXO "Lotto" (song) , by EXO "Lotto", a song by Joyner Lucas from the 2020 album ADHD Lorenzo Lotto (c. 1480–1556/57), Italian painter, draughtsman and illustrator Myron P. Lotto (1925–2017), American politician See also [ edit ] All pages with titles beginning with Lotto All pages with titles containing Lotto Lotta (disambiguation) Lotte (disambiguation) Lotti (given name) Lotty Topics referred to by
177-402: A ball machine similar to ones used for lotteries and bingo , or with a random number generator . Each casino sets its own series of payouts, called "paytables". The player is paid based on how many numbers were chosen (either player selection, or the terminal picking the numbers), the number of matches out of those chosen, and the wager. There are a wide variety of keno paytables depending on
236-534: A group of 51 society lotteries across the United Kingdom with a common drawing and prize pool. Each drawing is held on behalf of one or more of the society lotteries, whose revenues go to support health-related causes in their respective area. The Health Lottery received criticism on launch for only pledging to donate 20.3% of ticket costs to charity, compared to the National Lottery's 28%, and that
295-636: A licence to lottery operators. According to some, results of keno games in great cities were sent to outlying villages and hamlets by carrier pigeons , resulting in its Chinese name 白鸽票 báigē piào , with the literal reading "white dove tickets" in Mandarin, but in Southern varieties of Chinese spoken in Guangdong simply meaning "pigeon tickets", and pronounced baak -gaap -piu in Cantonese (on which
354-558: A lottery offering tickets for sale is the lottery organized by Roman Emperor Augustus . The funds were for repairs in the City of Rome, and the winners were given prizes in the form of articles of unequal value. The first recorded lotteries to offer tickets for sale with prizes in the form of money were held in the Low Countries in the 15th century. Various towns held public lotteries to raise money for town fortifications, and to help
413-649: A lottery to raise money to purchase cannons for the defense of Philadelphia. Several of these lotteries offered prizes in the form of " Pieces of Eight ". George Washington 's Mountain Road Lottery in 1768 was unsuccessful, but these rare lottery tickets bearing Washington's signature became collectors' items; one example sold for about $ 15,000 in 2007. Washington was also a manager for Col. Bernard Moore 's "Slave Lottery" in 1769, which advertised land and slaves as prizes in The Virginia Gazette . At
472-458: A profit for the state. Although the English probably first experimented with raffles and similar games of chance, the first recorded official lottery was chartered by Queen Elizabeth I , in the year 1566, and was drawn in 1569. The 400,000 tickets issued cost 10 shillings (£0.50) each (roughly three weeks of wages for ordinary citizens), with the grand prize worth roughly £5,000. This lottery
531-483: A record for the largest lottery jackpot in U.S. history, with its 8 November 2022 draw having an estimated jackpot of US$ 2 billion. Keno Keno / k iː n oʊ / is a lottery -like gambling game often played at modern casinos , and also offered as a game in some lotteries. Players wager by choosing numbers ranging from 1 through (usually) 80. After all players make their wagers, 20 numbers (some variants draw fewer numbers) are drawn at random, either with
590-544: A way to raise public funding for projects, and this led to the popular belief that lotteries were a form of hidden tax. At the end of the Revolutionary War the various states had to resort to lotteries to raise funds for numerous public projects. The first big lottery on German soil was held in 1614 in Hamburg . In Austria the first lottery was drawn in 1751, during the reign of Empress Maria Theresia , and
649-527: Is a Malaysian company, which operates in the gambling sector. Founded and incorporated by the Malaysian Government in 1969, it was focused on the commercialisation of 4-Digits –based games. On 1 August 1985, the government in a non- tender privatisation , sold the company to businessman Vincent Tan who merged it into his Berjaya Group . Today, Sports Toto is a wholly owned subsidiary of Berjaya Sports Toto Berhad ( MYX : 1562), which
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#1732765373760708-624: Is a national lottery. It is organized every year since 1812 by a branch of the Spanish Public Administration, now called Loterías y Apuestas del Estado. The name Sorteo de Navidad was used for the first time in 1892. The Spanish Christmas lottery is the second longest continuously running lottery in the world. This includes the years during the Spanish Civil War when the lottery draw was held in Valencia after
767-546: Is different from Wikidata All article disambiguation pages All disambiguation pages Lottery A lottery (or lotto ) is a form of gambling that involves the drawing of numbers at random for a prize. Some governments outlaw lotteries, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of regulation of lottery by governments. The most common regulations are prohibition of sale to minors and licensing of ticket vendors. Although lotteries were common in
826-643: Is listed on the main market of Bursa Malaysia . It claims to be the largest operator in Malaysia of 4D-based games, with 680 sales outlets offering a total of 7 games. The Mexican Lotería Nacional dates back to the late 18th century. The goal of the Lotería is to create jobs and to "impulse the wealth redistribution process". The Lotería is also a member of the North American Association of State and Provincial Lotteries. As measured by
885-406: Is operated by Allwyn Entertainment Ltd, who took over from the original operator Camelot Group in 2024. 28% of National Lottery revenue, along with all unclaimed prizes, are distributed as grants to charitable causes. 12% of the revenue from the National Lottery is expected to go to the government, 5% goes to lottery retailers, 5% is retained by the operator for operating costs, and 50% remains for
944-664: The Gambling Act 2005 , the maximum amount which can be won by a single ticket is £500,000, or 10% of the total draw proceeds. A minimum of 33% of the ticket price from players' subscriptions supports various trusts, which in turn fund local and international charities and community projects. Some £850 million have been donated. People's Postcode Lottery has a number of celebrity ambassadors, including David Attenborough , Judi Dench , Shobna Gulati , Tim Healy , Stephen Jardine , Ellen MacArthur , Aggie MacKenzie , Carey Mulligan , John Stapleton and Emma Thompson . The lottery
1003-549: The United States and some other countries during the 19th century, by the beginning of the 20th century, most forms of gambling, including lotteries and sweepstakes , were illegal in the U.S. and most of Europe as well as many other countries. This remained so until well after World War II. In the 1960s, casinos and lotteries began to re-appear throughout the world as a means for governments to raise revenue without raising taxes. Lotteries come in many formats. For example,
1062-516: The Virginia Company of London the right to raise money to help establish settlers in the first permanent English colony at Jamestown, Virginia . Lotteries in colonial America played a significant part in the financing of both private and public ventures. It has been recorded that more than 200 lotteries were sanctioned between 1744 and 1776, and played a major role in financing roads, libraries, churches, colleges, canals, bridges, etc. In
1121-736: The Western Canada Lottery Corporation (which serves Western and Northern Canada , excluding British Columbia ), and the British Columbia Lottery Corporation . The five regional lotteries are members of a consortium known as the Interprovincial Lottery Corporation , which administrates national games, including the flagship Lotto 6/49 and Lotto Max . The five lotteries offer draw games, scratch cards, and sports betting —the latter primarily under
1180-442: The "base rate" of the paytable. Typically, the more numbers a player chooses and the more numbers hit, the greater the payout, although some paytables pay for hitting a lesser number of spots. For example, it is not uncommon to see casinos paying $ 500 or even $ 1,000 for a “catch” of 0 out of 20 on a 20 spot ticket with a $ 5.00 wager. Payouts vary widely by casino. Most casinos allow paytable wagers of 1 through 20 numbers, but some limit
1239-403: The 17 through 19 catches paying the same as the solid 20 hit. Some of the other paying "catches" on a 20 spot ticket or any other ticket with high "solid catch" odds are in reality very possible to hit: Probabilities change significantly based on the number of spots and numbers that are picked on each ticket. Keno probabilities come from a hypergeometric distribution . For Keno, one calculates
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#17327653737601298-721: The 1740s, the foundation of Princeton and Columbia Universities was financed by lotteries, as was the University of Pennsylvania by the Academy Lottery in 1755. During the French and Indian Wars , several colonies used lotteries to help finance fortifications and their local militia. In May 1758, the Province of Massachusetts Bay raised money with a lottery for the "Expedition against Canada". Benjamin Franklin organized
1357-407: The 19th century, where the name was Westernized into boc hop bu and puck-apu . There were also other, earlier games called Keno, but these were played in the same way as the game now known as " Bingo ", not the modern game of Keno. Keno payouts are based on how many numbers the player chooses and how many of those numbers are "hit", multiplied by the proportion of the player's original wager to
1416-791: The 2011 round 41. The main victory at that time was with 7 correct results and the smallest victory with three actual and one additional number, the number of which was reduced from three to two. The lottery return percentage is 41.1. Another lottery game played in Finland is Vikinglotto , which can be played in all Nordic countries as well as in Estonia , Latvia and Lithuania . In Vikinglotto, six actual numbers and two additional numbers out of 48 are drawn. There are five winning categories: 6 correct, 5 + extra number, 5 correct, 4 correct and 3 correct. In Finland, an average of six million euros in winnings go unredeemed each year. A national lottery
1475-690: The Australian government started their own lottery, named the 'Golden Casket Art Union', with the intention of raising money for charities and projects. Its first draw is credited with raising funds for veterans of World War One. Lotteries in Canada are administered by five regional organizations; the Atlantic Lottery Corporation (which serves Atlantic Canada ), Loto-Québec , the Ontario Lottery and Gaming Corporation ,
1534-552: The Calzabigi brothers (Giovanni and Ranieri). Casanova defended the project in a series of conversations with Madame de Pompadour , the French mathematician Jean d'Alembert , Joseph de Pâris Duverney, intendent of the École, and the French minister of foreign affair. Unlike modern lotteries where the state can never lose, in the French lottery the state could lose, but a wise choice of the payoff made losses so improbable as to ensure
1593-459: The English lotteries ran for over 250 years, until the government, under constant pressure from the opposition in Parliament, declared a final lottery in 1826. This lottery was held up to ridicule by contemporary commentators as "the last struggle of the speculators on public credulity for popularity to their last dying lottery". An English lottery, authorized by King James I in 1612, granted
1652-727: The Republicans were forced to relocate their capital from Madrid. After the overthrow of the Republican government the lottery continued uninterrupted under the Franco regime. Notable prizes on different continents are: (local currency) The first lottery in Australia took place in the 1880s in Sydney. It was a private sweepstakes that was quickly prohibited, despite being moved to other areas such as Queensland and Victoria. In 1916,
1711-723: The Western spelling 'pak-ah-pu' / ' pakapoo ' was based). The Chinese played the game using sheets printed with Chinese characters , often the first 80 characters of the Thousand Character Classic , from which the winning characters were selected. Eventually, Chinese immigrants introduced keno to the West when they sailed across the Pacific Ocean to work on construction of the First transcontinental railroad in
1770-620: The brand Sport Select . The largest single jackpot record in Canadian lottery history was a Lotto Max drawing on January 7, 2020, for a jackpot of $ 70 million. In Finland, Veikkaus began selling lottery tickets in December 1970, and the first draw was televised on January 3, 1971. The lottery turned 40 on January 3, 2011, and by then the lottery had been drawn 2,126 times. Since then, there has been one lottery draw every week. Lottery game time usually ends on Saturday at 9:45 p.m., and
1829-509: The casino, usually with a larger " house edge " than other games, ranging from less than 4 percent to over 35 percent in online play, and 20-40% in in-person casinos. By way of comparison, the typical house edge for non-slot casino games is under 5%. The word "keno" has French or Latin roots (Fr. quine "five winning numbers", L. quini "five each"), but by all accounts the game originated in China. Legend has it that Zhang Liang invented
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1888-460: The choice to only 1 through 10, 12 and 15 numbers, or "spots" as keno aficionados call the numbers selected. The probability of a player hitting all 20 numbers on a 20 spot ticket is approximately 1 in 3.5 quintillion (1 in 3,535,316,142,212,174,320). Even though it is highly improbable to hit all 20 numbers on a 20 spot ticket, the same player would typically also get paid for hitting “catches” 0, 1, 2, 3, and 7 through 19 out of 20, often with
1947-475: The draw is usually held on Saturday at 10:15 p.m. Large public holidays on Saturdays may postpone the draw to Sunday. The lottery has two official supervisors; from 3 January 1971 to 29 September 2013, the lottery was televised on Yle TV1 , and in October 2013, the lottery draws were postponed on MTV3 after ten evening news, because according to FICORA , the sponsorship cooperation between Veikkaus and Yle
2006-569: The drawing of lots. The first known European lotteries were held during the Roman Empire , mainly as an amusement at dinner parties. Each guest would receive a ticket, and prizes would often consist of fancy items such as dinnerware. Every ticket holder would be assured of winning something. This type of lottery, however, was no more than the distribution of gifts by wealthy noblemen during the Saturnalian revelries. The earliest records of
2065-590: The game during the Chu-Han Contention to raise money to defend an ancient city, and its widespread popularity later helped raise funds to build the Great Wall of China . In modern China, the idea of using lotteries to fund a public institution was not accepted before the late 19th century. Chinese lottery is not documented before 1847, when the Portuguese government of Macao decided to grant
2124-713: The lottery's structure was designed to contravene British law regarding lotteries. In the UK, winning the lottery is correlated to expressing more preference for the Conservative Party . Winning larger prizes results in a larger shift in favor of the Conservative Party. People's Postcode Lottery is a subscription lottery in the UK. The format was introduced by Dutch company Novamedia BV : players pay at minimum £10 monthly to play, and winning postcodes are announced daily. In accordance with restrictions under
2183-525: The modern-day stockbrokers for various commercial ventures. Most people could not afford the entire cost of a lottery ticket, so the brokers would sell shares in a ticket; this resulted in tickets being issued with a notation such as "Sixteenth" or "Third Class". Many private lotteries were held, including raising money for the Virginia Company of London to support its settlement in America at Jamestown. The English State Lottery ran from 1694 until 1826. Thus,
2242-462: The number of €20 tickets available was reduced from 180 million to 160 million, reducing the potential maximum prize pool to €2.24 billion (70% of ticket sales), with a maximum potential El Gordo of €720 million. A lottery was first held in Thailand (then known as Siam ) in 1874 during the reign of King Chulalongkorn (Rama V), as part of an international fair organised for his birthday. A lottery
2301-621: The outset of the Revolutionary War, the Continental Congress used lotteries to raise money to support the Colonial Army. Alexander Hamilton wrote that lotteries should be kept simple, and that "Everybody ... will be willing to hazard a trifling sum for the chance of considerable gain ... and would prefer a small chance of winning a great deal to a great chance of winning little". Taxes had never been accepted as
2360-620: The poor or in order to raise funds for a wide range of public usages. The lotteries proved very popular and were hailed as a painless form of taxation . The Dutch state-owned Staatsloterij is the oldest running lottery (1726). The English word lottery is derived from the Dutch noun "lot" meaning "fate". The first recorded Italian lottery was held on 9 January 1449 in Milan organized by the Golden Ambrosian Republic to finance
2419-477: The poor. The town records of Ghent , Utrecht , and Bruges indicate that lotteries may be even older. A record dated 9 May 1445 at L'Ecluse refers to raising funds to build walls and town fortifications, with a lottery of 4,304 tickets and total prize money of 1737 florins (worth about US$ 170,000 in 2014). In the 17th century it was quite usual in the Netherlands to organize lotteries to collect money for
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2478-540: The possibility of multiple winners. The first recorded signs of a lottery are keno slips from the Chinese Han dynasty between 205 and 187 BC. These lotteries are believed to have helped to finance major government projects like the Great Wall of China . From the Chinese Book of Songs (2nd millennium BC.) comes a reference to a game of chance as "the drawing of wood", which in context appears to describe
2537-418: The prize can be a fixed amount of cash or goods. In this format, there is risk to the organizer if insufficient tickets are sold. More commonly, the prize fund will be a fixed percentage of the receipts. A popular form of this is the "50–50" draw, where the organizers promise that the prize will be 50% of the revenue. Many recent lotteries allow purchasers to select the numbers on the lottery ticket, resulting in
2596-503: The probability of hitting exactly r {\displaystyle r} spots on an n {\displaystyle n} -spot ticket by the formula: To calculate the probability of hitting 4 spots on a 6-spot ticket, the formula is: where ( n r ) {\displaystyle {n \choose r}} is calculated as n ! r ! ( n − r ) ! {\displaystyle n! \over r!(n-r)!} , where X!
2655-461: The same term [REDACTED] This disambiguation page lists articles associated with the title Lotto . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Lotto&oldid=1236680896 " Categories : Disambiguation pages Disambiguation pages with surname-holder lists Hidden categories: Short description
2714-673: The top price now up to 32 million baht . Shrines of local folklore and popular religion , such as Nang Ta-Khian , are often propitiated in order to be lucky in the Thai lottery draw. The principal lottery in the United Kingdom is the National Lottery , a state-franchised lottery sanctioned by the Gambling Commission (formerly the National Lottery Commission ), and established in 1994. It
2773-492: The total prize fund of which 5% is diverted to a Super Draw fund, leaving 45% for normal prizes. Northern & Shell also operates a commercial lottery known as The Health Lottery , which distributes its revenue to support health-related charities and causes. To comply with the Gambling Act, which forbids other parties from operating a national lottery, The Health Lottery operates as an umbrella corporation representing
2832-539: The total prize payout, the Spanish Christmas Lottery is considered the biggest lottery worldwide. In 2012, if all of the tickets had been sold, the total amount payout of prizes would have been worth €2.52 billion (70% of ticket sales). The total amount of all prizes of the first category called El Gordo ("the fat one") was €720 million which was distributed among 180 winning tickets (billetes) that win €4 million each. For 2013, due to falling demand,
2891-537: The war against the Republic of Venice . However, it was in Genoa that Lotto became very popular. People used to bet on the name of Great Council members, who were drawn by chance , five out of ninety candidates every six months. This kind of gambling was called Lotto or Semenaiu . When people wanted to bet more frequently than twice a year, they began to substitute the candidates names with numbers and modern lotto
2950-645: The world thanks to online lottery agents and bookkeepers. Some states have tried to combat this with different measures. The state government of Tamil Nadu decided to ban GooglePay since it allows payments to online lotteries and awards its users in India with Scratchcards . Indian lotteries provide a substantial economic boost for the states that provide them. In the fiscal year 2017–2018 Kerala collected GST worth Rs 908 crore and state revenue of Rs 1,691 crore. Lottery industry start operated in Malaysia on early 1969 by Berjaya Group . Sports Toto Malaysia Sdn Bhd
3009-546: Was a fiasco, since the tickets were very costly and the social classes which could afford them opposed the project. Between 1757 and 1836, for a period of about 80 years with some interruption during the French Revolution , the French state ran a profitable Loterie . The project was born out a series of initiatives to fund the École militaire . Instrumental to the birth of the Loterie were Giacomo Casanova and
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#17327653737603068-518: Was born, to which both modern legal lotteries and the illegal numbers game can trace their ancestry. King Francis I of France discovered the lotteries during his campaigns in Italy and decided to organize such a lottery in his kingdom to help the state finances. The first French lottery, the Loterie Royale , was held in 1539 and was authorized with the edict of Châteaurenard . This attempt
3127-509: Was designed to raise money for the "reparation of the havens and strength of the Realme, and towardes such other publique good workes", including the rebuilding of ports and new ships for the royal fleet. Each ticket holder won a prize, and the total value of the prizes equalled the money raised. Prizes were in the form of both "ready money" and valuable commodities such as silver plate, tapestries, and fine linen cloth. Additionally, each participant
3186-515: Was granted immunity from one arrest, "so long as the crime wasn't piracy, murder, felonies, or treason." The lottery was promoted by scrolls posted throughout the country showing sketches of the prizes. Thus, the lottery money received was an interest-free loan to the government during the three years that the tickets ('without any Blankes') were sold. In later years, the government sold the lottery ticket rights to brokers, who in turn hired agents and runners to sell them. These brokers eventually became
3245-458: Was illegal. In the current lottery played in Finland, the player chooses seven numbers between 1 and 40 (initially, until the autumn of 1980, six numbers between 1 and 40 were chosen, then for a few years seven numbers between 1 and 37 and then seven numbers between 1 and 39). In the draw, seven numbers and one (previously three and then two) additional numbers are drawn; the line price is 1 euro. The profit categories were changed, for example, from
3304-729: Was named Lotto di Genova since it was based on 90 numbers. Spain offers a wealth of lottery games, the majority of which are operated by Loterías y Apuestas del Estado with the remaining lotteries operated by the ONCE and the Catalan government. The first Spanish lottery game was played back in 1763 and, over the last two centuries, playing the lottery in Spain has developed into a tradition. The Spanish Christmas Lottery (officially Sorteo Extraordinario de Navidad [soɾˈteo ekstɾaorðiˈnaɾjo ðe naβiˈðað] or simply Lotería de Navidad [loteˈɾia ðe naβiˈðað])
3363-515: Was organised in 1917 by the British government with Thai consent to help finance Britain's war effort. Lotteries were held intermittently until 1933, when they became regularised under the finance department. The present Thai lottery is managed by The Government Lottery Office, a state enterprise managed by the Ministry of Finance . The drawings take place on the 1st and 16th of each month, with
3422-1004: Was reintroduced in 1933. There are many lotteries in India. All lotteries are run by state governments but only 13 of the 28 Indian states allow them. The leader within Indian lotteries is the Kerala State Government that started their lottery department in 1967 following the country wide ban on private lotteries. The Kerala State Lotteries became an inspiration for other Indian states that started their own lotteries. As of right now lotteries are available in Kerala , Goa , Maharashtra , Madhya Pradesh , Punjab , West Bengal , Assam , Arunachal Pradesh , Meghalaya , Manipur , Sikkim , Nagaland and Mizoram . The public ban on lotteries in other states has not been very effective since several lottery providers allow Indians to play online. Indian players can play lotteries from all over
3481-531: Was the subject of a Channel 4 documentary, The Welsh Valley That Won the Lottery , about the residents of Rhymney who won in May 2022. Lotteries are operated at the state level in the U.S.; 45 states and 3 territories operate state lotteries, and nearly all of them are members of consortiums that operate regional games, and the two near-national games Mega Millions and Powerball . In November 2022, Powerball set
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