The Ultimate Guide To The Six Biggest Lotteries In The World
People all over the globe get rich overnight with the lottery. It meant going to the origin of the lottery and buying a ticket. You had to return to that location to collect your winnings. With the help of technology, fans can play a lottery from anywhere in the world at sites like Lottoland.
The primary difference between an official lottery bet and an online lottery is that you are not actually buying tickets. You are betting on the end result of a draw. You wager the price of a ticket with games that look and play like the official lottery. You win a prize commensurate with the official lottery prize when you bet the correct numbers. There is no traveling or buying tickets. It is all done digitally.
This addition to the world of lotteries allows people from anywhere in the world to play international lotteries. We will introduce you to the biggest lotteries in the world. There are many lotteries. If you want to know which lottery has the best odds, click the link.
- US Powerball
There is no doubt that the US Powerball lottery is the largest lottery in the world. In 2016, the record-breaking winning ticket was $1.586 billion (£129135920.00). There are nine lottery tiers with prizes ranging from $4 million (£3258760.00) to $1 million (£81469.00). These are life-changing winnings. The odds of winning the Powerball Jackpot are 1 in 292 million, and you have a 1 in 24.8 chance of winning a tiered prize.
- Mega Millions
This is another lottery from the United States. It is second on the list of largest payouts. In 2018 the payout was an impressive $1.537 billion (£1252178.53). There is a minimum payout guarantee of $20 million (£16293800.00) with nine tiers of varying prizes and matches. It is safe to say, if you hit this lottery, you will walk away very happy. The odds of winning this jackpot are 1 in 302.5 million. The odds of winning a lower prize is 1 in 24.
This massive lottery comes from Europe. It is hosted by France, Spain, Great Britain, Austria, Belgium, Ireland, Luxemburg, Portugal, and Switzerland. With online lotteries, you can play this in other countries as well. The largest payout on record comes from 2021 with a whopping £220 million). There are 13 tiers in this lottery. Prizes are calculated on a pari-mutuel basis. The odds of winning the EuroMillions jackpot are 1 in 139,838,160, but the odds of winning another prize are 1 in 13.
This lottery is like a cousin to EuroMillions. Countries that host this lottery include:
In May 2022, a 15-member syndicate won the record-breaking jackpot of £110 million. This win made history. In March 2022, a rule change mandated that the first winning jackpot of over £90 million would increase the cap to £120 million. Thanks to this win, you can now instantly win this massive jackpot and be very rich. The odds of winning the massive prize is 1 in 140,000,000. The odds of winning a prize from one of the 12 tiers is 1 in 26.
This major lottery comes from Italy. In 2019 the record-breaking payout was £2019.1 million. This broke the record of a 70-player syndicate in 2010. That prize was £177.7 million. There are five tiers beneath the jackpot. The odds of winning the grand prize is 1 in 622,614,630, but you have odds of winning another prize of 1 in about 314.
- Lotería de Navidad aka El Gordo
This lotto spans more than a century in Spain. It is sometimes called the Christmas Lottery. The annual event is unique in many ways. This lottery is designed so “everybody wins.” It is a national event that virtually everyone in Spain participates in, one way or another. People pour into the decorated streets, and TVs are brought out so everyone can see. There is music and food in every village. The odds of winning the big prize are 100,000 to 1. The lottery tickets cost £200 but can be divided into ten decimal tickets costing £20 and worth 10% of the win.
The annual lottery takes place on December 22 each year. School children from San Ildefonso school, where most of them are orphans, are beautifully dressed and march to the draw location. Inside is a giant and smaller sphere where wooden balls made with lasers are placed inside. During the draw, one ball is pulled from each sphere. One child will sing the winning number while another child sings the prize. As the draw continues, anticipation builds across the nation. The procedure takes many hours, with the children working eight or nine shifts. When a significant prize is drawn, the children pause. Then they sing the number and the prize several times while showing the balls to the committee and the television cameras.
When the major prize is drawn, the people erupt into a massive celebration that includes cheering, dancing, and sharing in the happiness and richness of the lottery. This major Spanish event draws people from around the world.
You now know about the six largest lotteries in the world. However, there are many more lotteries that are very popular. All of these lotteries are now available for you to play from your computer or smartphone. Give it a try, and you will soon discover why millions of people play their favorite lotteries regularly. Who knows? You could be the next record-breaking winner.