Using Online Lottery Sites for Powerball Play
Thanks to the rise in popularity of lottery websites, you can now navigate to a platform like The Top Lotto and get the complete lowdown on the US draw before you use the one click option to play Powerball online.
Acting in much the same way as comparison engines in the financial and automotive industry (think sites such as Go Compare), lottery comparison websites allow you to review, compare and contrast a plethora of lottery data.
For example, if you wanted to play Powerball online but wanted a little information on the set-up before you do, Top Lotto will give you the lowdown on everything from the biggest jackpots ($1.586 billion), the rules of engagement (you have to choose six numbers at a cost of $2) and the overall appeal of the lottery.
Having access to this information is great for the savvy bettor because it can make the difference between a +EV proposition and one you should consider leaving alone. Indeed, just because a game is appealing on the surface, it doesn’t mean it’s right for your particular circumstances (i.e. the cost per line could be beyond your bankroll’s limits).
Foreign lotteries rules for playing through an intermediary
- The intermediary company has special software that collects all ticket providers and current customer orders into 1 system.
- The reseller receives daily ticket orders from intermediary’s customers.
- He copies every order from the program, enters customers’ numbers into his lottery terminal and receives a ticket.
- Then he scans the tickets and loads pictures into the program. The originals are put in a safe.
- Tickets’ scans are automatically sent to customers.
- After the draw, the distributor cashes the winnings and transfers it via bank payment to the intermediary company. And intermediary distributes winning to customers.
- For its services, the distributor receives about 10 cents per ticket, plus 10-20% from lottery organizer.
- The intermediary company, on whose website you can place an order, earns on reselling tickets 2-3 times more expensive. But they do not take commissions from the amount of the gain and bear the costs of organizing the entire process.
- A very expensive license (usually from the British Gaming Commission) guarantees honest game for all participants.
- All winnings, including the jackpot, will be transferred to the player’s bank account (no need to go to the country of the lottery drawing).
Businessmen from Europe and USA understood a long time ago, that working honestly can earn more in the medium and long term.
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Everything is also simple. The main are Powerball and Mega Millions lotteries. The ticket price is from 5 to 7 dollars depending on intermediary. Draws take place 2 times a week and jackpots regularly exceed $ 100 million. Record win at Mega Millions, the world’s largest lottery, totaled $ 1 billion 600 million! The American Powerball jackpot is slightly less – $ 1 billion 580 million. The chances of winning Mega Millions’ jackpot are higher, but each Powerball win is 2 times larger. Situation with taxes is more complicated. You will have to pay 2 taxes just in the USA plus 1 tax at the place of residence:
- USA Federal tax is 39.6%
- State tax is 0 – 14%