Never let another lottery term confuse you ever again! Today we’re breaking everything down so that you can better understand how it all works. Let's take a look at some of the standard terms and lottery definitions used today.
Single numbers from 0-9.
The winning numbers for a game on a specific day: i.e., Saturday draw.
A prize paid out in yearly instalments rather than a lump sum. These are paid over 20-25 years.
Lump Sum Cash Option
Opposed to the annuity, a large lump sum is paid out on winning rather than over the 25 years.
The top prize for a lottery and as they are usually pari-mutuel, if they are not won the first time, they roll over to the next draw.
If a game is not won, the amount will roll over to the next draw, sometimes doubling the jackpot.
A game where players select a group of numbers from a specific pool and if they match those numbers, they win cash. The numbers are chosen randomly, and if all the numbers are matched, the prize is usually the full jackpot.
A quick pick is a method for online lotteries where a number generator picks random numbers for you.
Any possible way you can combine the numbers. For example, 345 could be 453, 534, 543, 435, 354.
The seventh ball in a 6/49 lottery drawn. If you match five numbers and the bonus ball, you get the second-highest prize available.
A group of players who come together to share their lines and the subsequent prize should they win it in the end. Sometimes referred to as a pool.