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If a ticket matches all six numbers, a fixed prize of CA$5 million is won. A bonus number is also drawn, and if a player's ticket matches five numbers and the bonus number, the player wins the "second prize" which is usually between $100,000 and $500,000. Should more than one player win the top or second prize, it is split amongst them.
In a typical 6/49 game, each player chooses six distinct numbers from a range of 1–49. If the six numbers on a ticket match the numbers drawn by the lottery, the ticket holder is a jackpot winner—regardless of the order of the numbers.
A lump sum option is available on the top two prizes, and is the only option if there are multiple winners. The annuity will last for the remainder of the winner's life, with a guaranteed period of 20 years (a beneficiary is chosen to receive the remainder of the 20-year minimum balance if the winner dies before the 20 years passes).
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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.
The British Columbia Lottery Corporation (BCLC) was incorporated under the provincial Company Act, subsequently replaced by the Business Corporations Act.. While incorporated under the same law as other BC corporate entities, it is without share capital and has only one shareholder: the province itself.
A progressive jackpot is a jackpot (a gambling grand prize or payout) which increases each time the game is played but the jackpot is not won. When the progressive jackpot is won, the jackpot for the next play is reset to a predetermined value, and resumes increasing under the same rule.
In the Western Canada Lottery Corporation, the add on game was called the Extra, and offered players a maximum prize of $250,000. The Extra was a seven-digit number. Players won money by matching numbers from the end (i.e., in the number 1234567, matching the 7 won $2, matching 67 won $10, etc.) In Ontario, the add on game was called Encore.