Home > Lottery News > Lotto Facts

Lotto Facts

Written by Lotto Hideout Editor   
Thursday, 09 April 2009 10:23

Lotto is an International game, and the only form of gambling the government really supports, mainly because of the large amounts of revenue the game can bring in.  The common national lottery game (also known as lotto) picks 6 numbers from 49. Choose the correct 6 in any order and you win the jackpot. Since there are 13,983,816 different combinations, the chance of winning the jackpot is 1 in 13,983,816. There are normally other smaller prizes too for guessing 3 or more numbers but the overall payout percentage is still low.

Typically almost half of the revenue from sales is kept and not distributed out to players, leaving players with little more than a 50% return. This is the lowest payout of all the gambling games (almost every casino game pays out well over 90%).

Some may feel there is no point in buying a lottery ticket as so many people play, however the fact is for a very small cost, you have the capacity to win large amounts.

There are many online lotto sites that even offer free games, or discounted games.

And now you can play online there are so many lottery sites available, you really can have your pick.