Whether you try your luck on the lottery occasionally or religiously, matching all the winning numbers and winning the jackpot could be a dream come true for most. However, there is more than meets the eye than just buying your ticket and picking your lucky numbers when it comes to this game of chance. Truth be told, there are many interesting and unconventional facts about the lottery.
Here are some things about lotteries that you may not know:
Anonymity is not guaranteed
Thinking about skipping town, changing your name, cell phone number and postal code after winning a massive lottery jackpot? Think again - There are many countries in the world like the United States of America where various state lottery laws stipulate that winners must make their identity public after winning a major jackpot. Don’t start booking your plane ticket just yet, you may have to share your winnings with your many long last relatives after all.
It began in Europe
The United States of America may have an extensive history with the lottery as the nation’s founding fathers known are known to have been supporters of the lottery. History will show that the first variation of a lottery game was introduced in the 15th century in countries such as Belgium and the Netherlands.
Use it or lose it
Most lotteries across the world have a time frame in which you can come forth with your winning ticket to claim your winnings. There have been many incidents across the world where an individual had a winning ticket but failed to hand it in, in time simply because they did not check their ticket. The sad reality is that many times if a ticket is not brought forth with in the specific time frame stipulated by a lottery organisation, an individual will no longer be eligible to claim their winnings. Therefore, to avoid any disappointments make sure you check your lottery results, regularly!
It is not always what it seems
The reality of winning the lottery is a lot more real than how you might have imagined it. Many national lotteries across the world add taxes in addition to the normal income tax on lottery winnings. Therefore, the total amount you win is not always the amount you will receive your bank account. In addition, various payments methods such as monthly instalments or getting paid over numerous years can influence the total amount of winnings you will get paid.
You cannot cheat the system
Major lottery winners are vetted extensively. In fact, in many regions across the world there is a designated person/team that does a thorough background check on all winners. So, do not try and cheat the system by committing fraud, chances are you will not get away with it.
Signed, sealed, delivered
If you have won a major lottery, it is vital to sign your winning ticket before handing it in. if your winning ticket happens to go missing or gets stolen and you are not able to prove ownership over the ticket – you may lose out on all of your winnings.
Whilst there are many weird and wonderful facts to learnt about various lotteries, why go through all the hassle and stress of holding on to a lottery ticket?
Simply place your bets on any one LottoStar’s world-class major lotteries – It’s quick, convenient, safe and you stand to win massive payouts of over R2 billion!