Lotto - Definition - Law Dictionary Home Dictionary Definition lotto

Definition :

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 she 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