According to Lotto, for every $1 of combined sales, 55 cents goes to prizes, 23 cents goes to the Lottery Grants Board, and the balance goes on operating costs, retailer commission and taxes.
But Lotto is a form of gambling and, like any type of gambling, can be harmful, particularly if you are spending more than you can afford to lose in the chance of winning big.
To play Lotto, you need six numbers from 1 to 40 to make one line on your ticket. The six numbers that come out of the Lotto machine are the winning Lotto numbers. These numbers are completely random. To be a winner of Lotto division one, you need to match all six numbers in a line on your ticket. The odds of matching all six numbers on one winning line is one in 3.8 million. You need to play a minimum of four lines so that means you have four chances in 3.8 million of winning Lotto division one.
To understand the odds of winning Lotto, our friends at Choice Not Chance have set up a train game and also explain another way of thinking about the odds of winning Lotto. Have a read and play the train game.
While buying a Lotto ticket is considered to be one of the types of gambling that is less harmful overall, there are still some warning signs to look out for:
Big jackpots can also drive people to spend more money than they can afford to in the hope of winning big.
Instant Kiwi is a much more harmful form of gambling as it is considered a ‘continuous’ form of gambling which means people can place bets quickly and repetitively (a click of a mouse, or a scratch of a card). That is why Instant Kiwi is restricted to adults aged over 18 years. It is illegal to purchase an Instant Kiwi scratchie ticket for a minor so if you’re thinking of putting one in your child’s Christmas stocking, you might want to think again as you’re actually breaking the law!
There are several things you can do to keep yourself safe either when you’re purchasing Lotto products in a physical retail store or via your online account.
If you are really struggling to get things back on track, talk to us. It’s free, confidential and we’re available by phone, email, live chat or text.