Lottery Dictionary

09:56 Jul 18th, 2018 Games Online Gambling

Lottery Terms that start with "A"

Additional Number - Powerball is a good example of a lottery game that features an additional number. This additional number allows lottery players to win additional prizes if they choose this option. The additional number feature usually costs an extra fee.

Alerts - These days lotto players can have instant emails or messages sent to their computer or cell phone when their chosen lottery results are posted or other lottery related happenings.

Annuity - Some lotteries with large jackpots payout the super jackpot winners over the course of twenty or so years. This type of payout is called an annuity payout as opposed to one lump sum payment.

Any Order - Any order is a betting style that is the same thing as a box bet. This bet style allows players to match the winning lotto numbers in any order. 

Lottery Terms that start with "B"

Bet - A bet is the transaction that takes place when a lottery player chooses numbers or a quick pick in exchange for the chance to win the lottery.

Betting Slip - A betting slip is the paper form that a lottery player fills out in order to receive their printed ticket.

Bonus Ball or Bonus Number - A bonus ball or bonus number is the same thing as an additional number. Immediately following the regular drawing an additional number or ball will be chosen allowing those lotto players who paid the extra fee the opportunity to win more prizes.

Box - A box is a reference to a wager on a particular group or combination of numbers.

Box Bet - Some lotteries have the option of placing a box bet, which allows the lotto player to win by matching the winning numbers in any order while the alternative is having to match the numbers in the exact order in which they were drawn.

Boxed - Boxed is a reference to the above box bet.

Boxing - Boxing is an option offered by some lottery games where you can play more numbers than the amount of numbers drawn and have them matched as such that if the winning numbers are among your numbers you are guaranteed to have matched them.

Break Open - A break open is the same as a pull tab. There are some lotteries that offer break opens, which are like scratch tickets except you lift a tab to uncover your winning numbers instead of scratching away a latex film. Break opens are instant win lotto games.

Lottery Terms that start with "C"

Cash Lotto - A cash lotto is a lottery game where winners are paid in one lump sum payment as opposed to annuity payments which are paid out over the course of many years.

Cash Option - The cash option is offered on most annuity jackpots whereby sacrificing a significant amount of the jackpot amount, the lotto jackpot winner may be paid in a smaller lump sum rather than the annuity payments over many years.

Cash Payoff - Cash payoff is the same as the cash option. Players may elect to receive one smaller payment of their jackpot prize amount instead of many smaller payments paid out over a long period of time.

Combo - Combo is a betting style that lotto players can choose when playing some lotteries. Choosing a combo play in effect buys you several tickets to cover all the possible wins for your particular lotto numbers.

Commission - Commission is the percentage of the price of the lottery ticket that retail outlets collect for selling the tickets.

Continuous Design - Some lottery tickets come in a set that forms a picture while they are connected.

Lottery Terms that start with "D"

Daily Game - Daily games are lottery games where there is at least one drawing per day. Some daily lotto games have more than one drawing per day like some of the pick 3 and pick 4 lotto games offered in the United States. 

Double - Double is usually a reference to a series of lottery numbers that contain a pair of the same number. Many of the three and four number lottery games payout larger prizes for winning numbers that contain a double. 

Double-Double - A double-double is a reference to a four digit lottery number that consists of two pairs of numbers. The odds of hitting double-doubles are much harder to beat so the cash prize amounts for these wins is generally larger than other winning combinations in the same lotto game. 

Drawing - A drawing is when the winning lottery numbers are chosen. 

Lottery Terms that start with "E"

Exact Order - Exact order refers to having to match the winning lotto numbers in the exact order in which they were drawn. Some lottery games like the pick three and pick four lottery games offer several options of ways to play your lotto numbers. The exact order play has a larger payout amount when it is won. 

Exotic Numbers - Number combinations that very rarely happen like four of a kind in the four number lottery games are referred to as exotic numbers. 

Lottery Terms that start with "F"

Fixed Payout - A fixed payout is a lottery cash prize amount that does not fluctuate with the number of lottery players that are playing at that time. The alternative payout is a pari-mutuel payout where the amount of the cash prize depends on how many players and how many winners there are. The prize amount is divided equally among the winners in the pari-mutuel system. 

Form - The form is the slip of paper that the lottery player must fill out to get a lottery ticket.

Lottery Terms that start with "G"

 No lotto terms starting with the letter "G"

Lottery Terms that start with "H"

Handle - Handle is a lottery reference to the amount of money bet when playing a video loto terminal. 

Lottery Terms that start with "I"

Instant Game - Instant games are lottery games that can be played, won and redeemed at the time of purchase. There are several kinds of instant win games the most common being instant win scratch tickets and instant win pull tabs. 

Lottery Terms that start with "J"

Jackpot - The jackpot is the highest prize in a lottery game. Jackpots are paid either in annuity payments or in one lump sum. 

Lottery Terms that start with "K"

Keno - Keno is a lottery game where players pick from one to ten numbers with cash prizes determined by how you play. The more numbers you play, the more money you could win, but fewer numbers carry better winning odds. Keno games are often played with drawings every few minutes so there are many opportunities to win. 

Lottery Terms that start with "L"

Latex - The thin layer of film on instant scratch tickets that must be scratched off to reveal the results of the lottery ticket is made from a material called latex. 

Lottery - A lottery is a game of chance rather than a game of skill whereby winners are chosen by randomly choosing a set of winning numbers and corresponded to number combinations purchased by lottery players. There are usually a variety of different size cash prizes for matching different amounts of the winning numbers. 

Lottery Agent - A lottery agent is where lottery tickets are purchased retail. 

Lotologist - A lotologist is a term referring to a person who studies lotteries and/or collects lottery items. 

Lotology - Lotology is a term used to reference collecting lottery items like scratch cards. 

Lotto - Lotto is a lottery game. Lotto games offer players the possibility of winning very large sums of money. Lotto players purchase a lotto ticket usually choosing some numbers and hoping to match them when the lotto results are drawn. 

Lucky Dip - Lucky dip is like a quick pick in which the players lottery numbers are randomly generated by a computer. 

Lottery Terms that start with "M"

Mega Ball - Mega Ball is another additional feature in a lottery game where for an extra fee players will have an additional number they can match for additional prizes. 

Mint - Mint (or often abbreviated as Mt) is a lotology term referring to the condition of an instant scratch ticket that has not been scratched and still has all the latex undisturbed. 

Multi-Draw - Multi Draw is an option that many lotteries are offering. Players who purchase a multi draw lotto ticket purchase lotto tickets for more than one drawing. Multi draw lotto players can choose their own numbers for each drawing or purchase quick picks which are numbers chosen by a computer. 

Multi State Lottery - A multi state lottery is a lottery that is available in more than one state in the United States. These multi state lotteries usually have a much larger jackpot because of the large number of players from more than one state. 

National Lottery - A national lottery is like a multi state lottery in that it is made available to more than one state and/or services the whole of a country. 

Lottery Terms that start with "N"

Natural Selection - Natural selection is a lotto term used to describe a lotto ticket where the numbers were chosen as opposed to chosen by a computer at random like quick picks and lucky dips. 

Net Machine Income - Net machine income is a reference used by video lottery players describing the amount of money played at a particular machine minus all the money won. 

No Match Numbers - No match numbers refers to winning three and four digit lottery numbers that contain no doubles, double-doubles or triplets. 

Numbers Game - Numbers game technically refers to almost all lottery games but more often numbers game is a reference to the three and four digit daily lotto games. 

Lottery Terms that start with "O"

Odds - The odds are the chances of a lotto player winning the lottery. 

Off-Line Game - An off-line lottery game is a lottery game that can be purchased and played without the use of a lottery computer terminal. 

Online Game - An online lotto game is a lottery game that is part of a network of lottery computer terminals that are all linked to a central computer that keeps track of the lotto activity. 

Oversize Ticket - An oversize ticket (often abbreviated as O/S) is a lottery ticket that is larger than the standard size lotto ticket. These oversize lotto tickets are generally special occasion lotto tickets offering more plays and higher payouts than normal. 

Lottery Terms that start with "P"

Pairs - Pairs in lotto terminology usually refers to pairs play which usually occurs in the three and four digit daily lotto games. In pairs play, the lotto player will match the first two numbers, the last two numbers or first and last. 

Pari-Mutuel - Pari-mutuel is a word that describes a system of paying out of winnings. Instead of a player receiving a pre determined prize amount for a certain winning number combination like a fixed payout betting system, the player would win an equal share of the prize pool with all the other winners of that combination. 

Passive Game - A passive lotto game is the lottery game where a player buys a lottery ticket with numbers already printed on it and when the lottery drawing happens they find out if they’ve won. 

Payout - Payout is the money or cash prize that a player wins for matching a certain combination of numbers. 

Play Slip - A play slip is the card or slip of paper that lotto players must fill out with their chosen numbers in order to receive a lottery ticket. 

Powerball - Powerball is a multi-state lottery game. The powerball is also the extra number feature of the game where players can win extra cash prizes by purhchasing the powerball feature. 

Prize - A prize is usually the cash that lottery players win when they match the winning lotto numbers. 

Prize Pool - A prize pool is the total amount of money that is available to be divided among the winners in a lottery game or drawing. 

Pull Tab - Pull tabs, also called break opens are instant win lottery tickets, similar to scratch tickets because they are instant win lotto tickets. Pull tabs, instead of being scratched to see if they have won, the player would pull back a little perforated cardboard flap instead. 

Lottery Terms that start with "Q"

Quad - A quad is a four digit number that consists of the same number as in four sevens or four nines. In a four digit lotto game, quads are quite rare, according to probability, appearing only once every 2.7 years. 

Quick Pick - A quick pick is a lottery ticket that lotto players purchase where instead of choosing the numbers themselves, the computer terminal randomly generates them for the player. 

Lottery Terms that start with "R"

Recall - When a problem or a mistake has been made on a lottery game, sometimes the game will be removed from the retailers and recalled. 

Reversals - Reversals is a term for scratch tickets that have mistakenly been printed on the back two times. One time in each direction. 

Rollover - Many lotto jackpots, when not won, will carry over to the next drawing making the jackpot amount larger. This is referred to as a jackpot rollover. 

Lottery Terms that start with "S"

Sample Void - A sample ticket is a lottery ticket that is given to lottery retailers so that it can be introduced to the players. 

Sc - Sc is an abbreviation that scratch lotto ticket collectors use in reference to a scratch ticket with the latex scratched off. 

Scratch Game - A scratch game is a lottery game where players buy a ticket and scratch away a latex film thus revealing the prize amount. Scratch games are instant win lotto tickets. 

Spiel - A spiel is a common add on feature for some lotto games in Canada where for an additional charge the player will be given an extra set of numbers that add ways to win prizes. 

Sports Lottery - Throughout the world a popular form of lottery game is played around sporting events and the results are determined by the outcomes of the sporting events. Football pools, Jai Alai and Toto are popular examples of sports lotteries. 

Straight - A straight bet is an option on some lotteries where the player will try to match the winning numbers in the exact order in which they were drawn. The payout for these bets are larger than the other betting options because the odds are less in your favor. 

Syndicate - A syndicate is a group of lottery players who play together as a team, sharing both the cost of playing as well as the prizes. 

Systematic Form - A systematic form is a form that players fill out with seven to eleven numbers entered on it. These numbers are then generated giving the player lotto tickets with all the possible number combinations for those numbers. 

Lottery Terms that start with "T"

Terminal - The lottery terminal is the computer that online lottery game tickets are printed from as well as redeemed. Scratch tickets must be validated thru them as well. All of the lottery terminals for a particular lottery organization are linked together to a central computer that stores and analyzes all the data. 

Ticket - The ticket is the official printed slip of paper given to the lotto player with their lottery numbers printed on it. This ticket must be presented in order to claim winnings. 

Tix - Tix is another term for Sc, which is an instant scratch lottery ticket with the latex scratched off. 

Toto - Toto is a form of lottery game where the results are determined by the results of sporting events. Football pools and Jai Alai are also forms of lotteries like this. 

Tree System - A tree system is a method of lottery play in which the player organizes their chosen lotto numbers in such a way as to not miss any of the possibilities when playing for a straight win. 

Triple - A triple or triplets, also referred to as trips is a three or four digit number, usually in a three or four digit lotto game that has three of the same number in it. 

Lottery Terms that start with "U"

There are no lotto terms starting with a "U" in our lottery dictionary

Lottery Terms that start with "V"

Video Lottery Terminal - A video lottery terminal is similar to a video slot machine except the calculations are cone differently and the payouts are usually a printed voucher that can be redeemed for prizes from the retailer. 

Virgin - Virgin is a term that refers to number combinations that have never been drawn. Usually when this reference is made it is about the daily games that use less numbers thus having fewer number combinations that have never been chosen.

Lottery Terms that start with "W"

Wheeling System - A wheeling system is a lottery play strategy by which a player will play a group of numbers of a dozen or so in combinations that ensure that if those numbers are drawn in any order or combination the player is going to win. 

Wheel - Wheel is lotto slang used as a noun and a verb when referring to the wheeling system of lotto play. 

Withholding - The withholding is what can be expected to be lost to taxes when a significant cash prize is won. For non residents in the United States the base tax rate is 38%. 

Lottery Terms that start with "X"

There are no lotto terms starting with a "X" in our lotto dictionary

Lottery Terms that start with "Y"

There are no lotto terms starting with a "Y" in our lotto dictionary

Lottery Terms that start with "Z"

There are no lotto terms starting with a "Z" in our lotto dictionary