Scratch-Off Lottery Terms

By: LottoEdge

Not sure what some lottery lingo means? We break down lottery jargon so you can play (and sound) like a pro.

General Terms

TERMDEFINITION
Overall OddsThe odds of winning any prize, including break-even prizes and free tickets. You’ll usually find these on the back of a scratch-off ticket.
Prize Payout / Return to Player (RTP)The percentage of ticket sales returned as prizes. For example, a 70% payout means $0.70 is expected to be paid back as prizes for every dollar in ticket sales.
Current Prize PayoutA daily-updated Prize Payout using remaining prizes and estimated tickets remaining.
Estimated Tickets RemainingAn estimate of the number of tickets remaining unsold in a game.

Odds Related

TERMDEFINITION
Starting OddsThe original odds of winning a specific prize when a game first launches.
Current OddsThe daily updated odds of winning a prize, calculated using remaining prizes and estimated remaining tickets.
Odds ChangeThe percentage change between the original (starting) odds and the daily current odds.
Odds TrendA visual representation of how the current odds compare to the starting odds:
Red: -25% or more
Pink: -5% to -25%
Yellow: Within ±5%
Light Green: +5% to +25%
Dark Green: +25% or more
Adjusted OddsThe odds of winning a prize above a break-even amount or a free ticket. In other words, your chance of winning more than the cost of the ticket.
Claimers™Prizes of $600 or more. In most states, prizes of this size require a trip to a lottery claim center to collect, hence Claimers.

Alerts

TERMDEFINITION
OverDue Hit AlertsNotifications for top-tier prizes that haven’t been claimed, even though estimated ticket sales have surpassed the prize’s stated odds (e.g., an unclaimed prize with 1 in 1.0 million odds but 1.3 million estimated tickets sold would be considered “OverDue”).
OverLooked Hit AlertsNotifications for unclaimed top-tier prizes where the game has fewer than 10% estimated tickets remaining.
OverDue EdgeThe percentage by which estimated ticket sales exceed a prize’s stated odds. If a prize hit exactly on its stated odds, the percentage would be 100%. A percentage greater than 100% would be considered OverDue.

Note: Prizes won, but not yet claimed, may impact some calculations and/or estimates.

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