The Australia Gold Lotto, also known as the Saturday Lotto, has managed to garner considerable interest across the country thanks to the hefty paydays, simple rules, and mass participation by the public. The Saturday Lotto is conducted by Tattersall’s and is known as Tattslotto in Tasmania, Australian Capital Territory, Northern Territory, and Victoria. In Queensland, it is known as the Gold Lotto, the X Lotto in South Australia, and the Saturday Lotto in Western Australia and New South Wales. To learn more about playing online and purchasing tickets for Gold Lotto click here.
The first Tattslotto draw happened on 24 June 1972. Based on many lottery systems in Europe, six numbers are pulled from 45 when playing a standard game. Every week, participants select six numbers and a single supplementary number which are then drawn from a barrel. The entries are collected at the locations where they are entered with the numbers being sent electronically to the headquarters. When drawn, there are three officials oversee the drawing, two of which are from the government, to ensure that the proceedings are conducted fairly.
Gold Lotto Jackpot
The First Division prize is roughly $4 million each week which is shared if more than one person wins. If no one wise, the pot is carried over and added to the following week, although this has rarely happened over the time it’s been in place. About six to seven times a year are the Superdraws that can rake in $20 million for the winner. A Megadraw usually happens around Christmas with the prize being about $30 million which again is divided among the winners.
There are variations to the game which are known as the System entry. They cost more, but the chances of winning goes up as well. This allows players to choose more numbers in each game, so if the selected ones are drawn, there are multiple prizes that are possible.
Gold Lotto Odds
The odds of winning are reduced for each division, going down as the prize money is also reduced. The odds of winning in the First Division which offers the biggest prize is 1 in 8,145,060 in a single game if all six numbers are drawn. The odds are considerably better for drawing 5 numbers plus the supplementary which is 1 in 678,755 for a single game.
The odds keep reducing further down the divisions which also means less prize money for the pot. In the Sixth Division which is the lowest, a person drawing one or two numbers plus two supplementary numbers has a 1 in 144 odds in winning a single game. The odds for all games are also less for the Second through the Sixth Divisions when calculating the cumulative probability.
The Australia Gold Lotto, otherwise known as the Saturday Lotto, has a rich history in Australia along with making plenty of people rich over the course of its history. Entering the lotto is simple and there are winners virtually every week, even for the largest prize. This means that someone is probably going to win each week which has managed to keep the Australia Gold Lotto so popular for all these years.
Learn more about various AU lotto games in the following recommended website: https://www.oz-lotto.net
