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Lottery mathematics is used to calculate probabilities of winning or losing a lottery game. It is based primarily on combinatorics, particularly the twelvefold way and combinations without replacement. It can also be used to analyze coincidences that happen in lottery drawings, such as repeated numbers appearing across different draws. [1
A new rule change of 24 September 2016 stated that if the jackpot is not won five draws after it reaches €190,000,000, the prize money will be distributed among the winners at the next level. The minimum jackpot prize increased from 15m euros to 17m euros. In February 2020, the rules regarding the EuroMillions jackpot changed again.
€240.0 million (US$258.3 million/£205.8 million) was the largest jackpot in the Euromillions history in the pan-European EuroMillions , won on 8 December 2023, the ticket was sold in Austria. [78] £195.7 million was the largest prize won by a British winner in the pan-European EuroMillions in sterling currency, won on 19 July 2022. [78]
This prize was the first jackpot over €90 million to be won following Eurojackpot's rule changes in March 2022, which increased the jackpot cap to €120 million. The previous record, and cap, was 90,000,000.00 Euro. This sum was first won on May 15, 2015 where a person from Czech Republic won the 90,000,000.00 Euro jackpot. [14]
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. [ citation needed ] Many recent lotteries allow purchasers to select the numbers on the lottery ticket, resulting in the possibility of multiple winners.
On 31 July 2005, Dolores McNamara, a part-time cleaning lady from Limerick, won a EuroMillions jackpot of €115 million, at the time the largest lottery prize ever won in Europe. [82] On 19 February 2019, a family syndicate from North Dublin won a €175 million jackpot, which holds the record for Ireland's largest ever lottery win.
Lottery betting is the activity of predicting the results of a lottery draw and placing a wager on the outcome. Lottery betting (also known as lotto betting) is a form of online gambling, run by licensed betting firms, where players place bets on the outcome of lottery draws instead of buying physical or online tickets via official lottery operators.
The three-ball prize winners, with odds of 96 to 1, [39] received £25 each; the two-ball prize winners received a free £2 entry. 17.82% of the sales are divided as shown in the table and split equally with the number of winners for each selection. In October 2018 the Lotto Raffle was discontinued.