Lottery vs. Lotto - What's the difference?

Wikipedia

  • Lottery

    A lottery is a form of gambling that involves the drawing of numbers for a prize. Lotteries are outlawed by some governments, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of regulation of lottery by governments; the most common regulation is prohibition of sale to minors. Though lotteries were common in the United States and some other countries during the 19th century, by the beginning of the 20th century, most forms of gambling, including lotteries and sweepstakes, were illegal in the U.S. and most of Europe as well as many other countries. This remained so until well after World War II. In the 1960s casinos and lotteries began to re-appear throughout the world as a means for governments to raise revenue without raising taxes. Lotteries come in many formats. For example, the prize can be a fixed amount of cash or goods. In this format there is risk to the organizer if insufficient tickets are sold. More commonly the prize fund will be a fixed percentage of the receipts. A popular form of this is the "50–50" draw where the organizers promise that the prize will be 50% of the revenue. Many recent lotteries allow purchasers to select the numbers on the lottery ticket, resulting in the possibility of multiple winners.

Wiktionary

  • Lottery (noun)

    A scheme for the distribution of prizes by lot or chance, especially a gaming scheme in which one or more tickets bearing particular numbers draw prizes, the other tickets are blanks.

  • Lottery (noun)

    An affair of chance.

  • Lottery (noun)

    Allotment; a thing allotted.

  • Lotto (noun)

    a game of chance similar to bingo

  • Lotto (noun)

    a lottery

Oxford Dictionary

  • Lotto (noun)

    a children's game similar to bingo, in which numbered or illustrated counters or cards are drawn by the players.

  • Lotto (noun)

    a lottery.

Webster Dictionary

  • Lottery (noun)

    A scheme for the distribution of prizes by lot or chance; esp., a gaming scheme in which one or more tickets bearing particular numbers draw prizes, and the rest of the tickets are blanks.

  • Lottery (noun)

    Allotment; thing allotted.

  • Lotto (noun)

    A game of chance, played with cards or tickets, on which are inscribed numbers, and any contrivance (as a wheel containing numbered balls) for determining a set of numbers by chance. The player holding a card having on it the set of numbers drawn from the wheel takes the stakes after a certain percentage of them has been deducted for the dealer. In some systems, lesser prizes are awarded for having some but not all of the numbers selected, such as four or five numbers in a six-number drawing. A variety of lotto is called keno. In another variety, the player chooses the numbers for the card or ticket s/he holds. There may be from three to seven different numbers on a card or ticket. In a modern computerized lotto system conducted by state authorities, the player chooses numbers, or allows the computer to choose numbers at random, which are then printed on a ticket that the player holds until the winning number is selected.

Princeton's WordNet

  • Lottery (noun)

    something that is regarded as a chance event;

    "the election was just a lottery to them"

  • Lottery (noun)

    players buy (or are given) chances and prizes are distributed according to the drawing of lots

  • Lotto (noun)

    a game in which numbered balls are drawn at random and players cover the corresponding numbers on their cards

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