Home > Blossary: lotto glossary

Category:

Company: Others

123 Terms

Created by: federica.masante

Number of Blossarys: 31

My Terms
Collected Terms

A lottery prize that will be paid out all at one time, rather than over several years.

Domain: Games; Category: Bingo

A large jackpot that the winner elects to receive as a lump sum cash payment rather than an 'Annuity' (see above) over several years.

Domain: Games; Category: Bingo

It is like a mortgage. Lotteries sometimes use annuities to create higher jackpots than they have the cash for. An annuity backed jackpot winner collects the money in installments over several years, ...

Domain: Games; Category: Bingo

A retail outlet for dealing with lottery tickets.

Domain: Games; Category: Bingo

A lotto game awarded as a lump-sum cash payment. Cash lotto games typically have a smaller top prize than large jackpot games, more favorable odds of winning the top prize, and require players to ...

Domain: Games; Category: Bingo

An instant-win ticket on which the player tears open a flap to see if the ticket is a winner. Also called 'Pulltabs'. Breakopens are often sold by charities and occasionally by state lotteries.

Domain: Games; Category: Bingo

A system used to play more digits than you could normally play in a three or four digit numbers game.

Domain: Games; Category: Bingo

Member comments


( You can type up to 200 characters )

Post  
Other Blossarys