What comes to your mind when you hear about an online lottery? Too many, it’s a sound of hope. But to those who struggle to grasp the inner workings of the game, it’s a jinx. Let’s learn the truth now.
The day was quite bad, with no salary yet, a winner on the screen and how the lottery changed their lives. Before you buy those tickets, let’s shed some light on the subject of online lottery.
From the ancient form, the online lottery involves no cash in the pockets. Then once you get to the house, you are greeted by, “we need money for the trip,” plus another long list of we need money for this or that. You see an advert for the latest lottery buying tickets before a sequence of numbered balls is picked from a draw. Your chance of winning depends on the count of numbered balls your ticket matches.
The game dates back to centuries ago. The Roman Empire used it for entertainment. In colonial America, it was used to generate money to support public projects. In the 1800s, gambling was on a steady rise, and corruption hit a soft spot on the lottery buying activities. This got many states worried and led to the game being abolished in many countries, including the USA.
However, it made a grand come-back in 1964. Most gambling profits were put towards good causes (such as building schools and supporting other government-funded projects). And many people saw that it was a good idea. Today, about 44 states in the USA have legalized lottery. Many multi-state lotteries like Power Ball and Mega Millions mint millions of dollars yearly by selling tickets.
Unlike the traditional lotteries over which the government took full control, several private businesses act as middlemen for several games like Euro Jackpot, Mega Millions or the Power Ball. The entries you purchase are still from government-run lotteries; the companies make it possible to play the games from anywhere worldwide.
With the advancement in technology, playing lottery games is easier today than it was in ancient times. The traditional lottery then was a question of your locale and geography. Your ability and range of playing were strictly limited to the type of games offered in your area— unless you were willing to board the plane or traverse the sea to play the lottery.
In this day and era, you can play many online lottery games anywhere, anytime, provided that you have access to the internet. Even so, there are government restrictions that control lottery activities, and some jurisdictions have illegalized them altogether.
In Canada, for instance, most of the online casinos activities are allowed by the law. At the same time, the Indian government, on the other hand, broadly prohibits online lottery and gambling activities. Therefore, before you start trying your luck with the lottery games online, read and understand your local laws governing gambling activities. This step will save you a lump of stress along the way.
Now that you’re sure of your country’s gambling rules, we can proceed to how you can play the online lottery.
The preliminary step involves identifying the right betting website where you’ll buy your tickets, and registering an account with them. This is another critical decision and process since many scammers are also looking to manipulate critical information and milk dollars from novice participants.
As a result, it’s vital to ascertain the legitimacy of the site you want to use before making a step forward. There are many legit sites and scamming sites alike. The best way to tell them apart is through their transparency with all the information you need. The legit sites mostly do not shy away from sharing information like where they’re based and their directors and commissioners’ names. They’ll also provide information about their licensing.
After identifying the right website and registering an account, you can proceed to buy your tickets. Different bookies have different processes. But chiefly, they offer a guide on how to go through the process on their websites.
You bought an official lottery ticket online, and you are waiting to know whether you win or not. We understand that you want to keep track of how it all unfolds. In short, you want to see your ticket. That’s relatively easy. Many gambling websites permit you to see a copy of your ticket in your private account, as soon as they are done scanning the ticket. They show you this information as proof that they did purchase it and to provide evidence of your ownership of the purchased ticket. How to access this copy may differ from one website to the other. If you used TheLotter, for example, the process is relatively easy. Simply:
It’s that simple, plus, you keep seeing your ticket. If you don’t seem to get it right with your site, try using apps like Google Play’s Check-a-Ticket and Lottery Ticket Checker, the OLG Lottery.
The process is not complicated once you have an account with your favorite bookie. That’s because most of the bookmakers offer guidelines and tutorials on how to buy online lottery tickets on their website. If this information isn’t available on the site you’re using, then you can follow these simple steps:
Most online bookies allow transactions through all the major credit cards and bank transfers. Some even accept Bitcoin and other Cryptocurrencies for deposits and withdrawals. Some of the most trusted online lottery sites in Canada include:
Making deposits at your favorite lotto site is relatively straightforward. That’s because many of them accept standard payment methods such as the Visa card, American Express Cards, MasterCards, and other bank transfers. You can also make a deposit using the Bitcoin if your bookie allows that.
After winning, most bookmakers will deposit the money directly into your private account. However, this depends on how much you win and the website you are using. Some websites will require you to claim your prize personally, more so, if the amount exceeds their set limits.
If you don’t wish to claim in person, some sites can help claim the prize on your behalf. Even at that, however, your presence may still be necessary.
If you win jackpots of state lotteries such as Power Ball and Mega Millions, you may have two options to redeem your rewards. You may choose to receive it in an annuity or lump sum.
If you decide to get your winnings through an annuity, you get payments in yearly installments for 29 years. If you opt for a lump sum, you will get your winnings right away. I bet you loved the second option. It’s okay since many people always opt for that. However, it puts you at a disadvantage. First, you only get 70% of your winnings. The state government and the federal government then deduct taxes of 7% and 24%, respectively. Now calculate the losses.
Based on research conducted by Robert Pagliarini, another reason why you should opt for the annuity method is that most people who win jackpots end up depleting their fortunes way too fast. Robert is the author of “The Sudden Wealth Solutions.”
That means that if you deplete your first year’s installments, you can learn from your mistakes and develop a way to manage your upcoming fortunes well.
Online lottery adverts always sound too good to be true, and sincerely, that’s how they are. The only way to guarantee a win in an online lottery is by purchasing all the available tickets for the draw. If you do so, one of them must be the winning ticket. What do we mean? There is no guarantee of winning the lottery. It’s all a game of chance and fortunes. If you’re lucky enough, you will land the winning ticket.
For that matter, never keep your hopes too high, and always keep your bankroll in check. Budget with your little earnings and if you one day fall in the rich pond (jackpot), let it give you a boost.