The lottery prize categories: what do you know about this?
Some general facts about the lottery prize categories
There is no better incentive for lottery players to purchase more tickets than usual, then a huge jackpot and subsequent rollovers are known to generate a lot of interest. While the main prize is the most sought after and stays on the first page of newspapers longer, lower tier prizes can be very generous. Each lottery has its own structure and different prize categories, but they have one thing in common and this is the discrepancy between the amounts awarded to each category of winners.
Lotto games and their prize categories
Perhaps the most popular type of lotto is 6/49, with dozens if not hundreds of such lotteries scattered all over the world. While they are very similar, there are a couple of differences that should be taken into consideration because they are also responsible for producing different prize categories. The original game involves the extraction of six numbers out of a total of 49, and players have four distinct ways of winning a prize. They need to match six, five, four or three numbers to be awarded a payout.
Some lotto games spice things up by introducing a lucky number, which is basically an additional ball being extracted from a different recipient. It makes no difference whether players are asked to choose a number ranging from 1 to 10 or 1 to 15 numbers, because the prize categories are virtually the same. Players will win more money if they match five numbers from the main pool and the special ball from the second, and the same applies for matching four numbers + the lucky number.
Powerball and EuroMillions prize categories
While these two games serve as nothing more than worthy examples for presenting different types of prize categories, they are some of the most prominent lotteries worldwide. What makes these games special is that the extra number is either extracted from a larger pool, or there are two such numbers that go by the name of Lucky Stars in the EuroMillions. In both cases the special rules translate into worse chances to win, which explains why the jackpots are rolled over so often and grow so large.
In Powerball, you need to match the red ball out of a pool of 35 numbers which makes it very difficult for a player to match all six numbers. It is just as difficult to win the EuroMillions but the good news is that there are special prize categories for those who match one or both Lucky Stars. You can win by matching only three of the main numbers and still be awarded a decent amount if you correctly predict a lucky star or both. Lottery games are just as diverse as they are numerous, so it comes as no surprise that the prize categories also differ from one game to another.
Check out The most loyal taxes on lottery winnings now.