Lottery Terms and Definitions You Should Know
If you are new to the lottery, the first things you need to acquaint yourself with are the terms used and what these terms are.
Now there are a large number of terms used in lottery so you will not find them all here.
What you will find here is a brief list of some of the most highly used terms.
• The pay slip is the paper you must fill out to show which numbers you choose.
• The drawing is the process by which the winning numbers are chosen.
•The multi draw is for one lotto ticket that can be used for draws over a certain period.
• The Bonus Ball is the extra ball that is drawn.
If you pay for this ball and it plays you win more than you would with the numbers alone.
• Exact order implies that you can only win if your numbers are in the "exact order" they were drawn.
• The payout is the amount that you win.
• Cash lotto is where once you win you will be paid a lump sum and not in annuities.
• The cash option is the opportunity to choose a lower amount for a lump sum if you win an annuity.
• An instant game is when a scratch ticket that is bought, played, won and redeemed at the same time it is purchased.
• Rollover is when the jackpot is not won and the total is rolled over to the next drawing.
We hope that you found this useful, and we hope that you are the next big winner.
Now there are a large number of terms used in lottery so you will not find them all here.
What you will find here is a brief list of some of the most highly used terms.
• The pay slip is the paper you must fill out to show which numbers you choose.
• The drawing is the process by which the winning numbers are chosen.
•The multi draw is for one lotto ticket that can be used for draws over a certain period.
• The Bonus Ball is the extra ball that is drawn.
If you pay for this ball and it plays you win more than you would with the numbers alone.
• Exact order implies that you can only win if your numbers are in the "exact order" they were drawn.
• The payout is the amount that you win.
• Cash lotto is where once you win you will be paid a lump sum and not in annuities.
• The cash option is the opportunity to choose a lower amount for a lump sum if you win an annuity.
• An instant game is when a scratch ticket that is bought, played, won and redeemed at the same time it is purchased.
• Rollover is when the jackpot is not won and the total is rolled over to the next drawing.
We hope that you found this useful, and we hope that you are the next big winner.
Source...