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TattsLotto is a weekly lottery game played on Saturday nights in Australia, known as Saturday Lotto in New South Wales, South Australia and Western Australia, and Gold Lotto in Queensland. It was the first European-format "lotto" style lottery in Australia.
The first Tattslotto draw, with the first prize of A$50,000, was on 24 June 1972, televised on HSV-7 Melbourne. Tattslotto, which was the first of its type in Australia, was originally based on the European style 6-from-49 lotteries, where six numbers are selected from 40 in a standard game.
For example, in the 6 from 49 lottery, given 10 powerball numbers, then the odds of getting a score of 3 and the powerball would be 1 in 56.66 × 10, or 566.6 (the probability would be divided by 10, to give an exact value of ).
It is known elsewhere in Australia as Tattslotto or Gold Lotto. The Monday & Wednesday Lotto draws are run by NSW Lotteries and are available across Australia except Queensland. Although the draws are played identically, all requiring players to select six numbers from a possible 45, Saturday Lotto/Tattslotto is more expensive to enter due to ...
Powerball is a lottery operated by Tatts Group under the master brand, the Lott and its licensed subsidiaries including New South Wales Lotteries in New South Wales and the Australian Capital Territory, Tattersalls in Victoria and Tasmania, Golden Casket in Queensland, and South Australian Lotteries in South Australia.
Most of these assets were previously owned by UniTAB before it merged with Tattersalls Limited to form the modern Tatts Group in 2007. All of the licences entitle the company to the exclusive operation of physical betting shops which offer totaliser, fixed odds and sports wagering in their respective jurisdictions.
Over time, the size of Mega Millions and Powerball jackpots has generally increased because of higher ticket prices, the larger number of states participating (especially after cross-selling was allowed), and the reduced odds of winning. [4] List of U.S. lottery drawings of $400 million or more (annuity value): [5] [6]
However, starting 18 October 2005, a seventh number began to be drawn, greatly lengthening the odds of winning Division 1. To emphasise the addition of the seventh Oz Lotto ball, branding for the game changed in some states, including to Super 7’s Oz Lotto in Tatts jurisdictions and Oz 7 Lotto in Queensland.