Nanum Lotto, formerly known as Lotto 6/45, is the top-tier lottery in South Korea. Its popularity stems from its fun gameplay and world-class jackpots. In addition, the lotto tickets are reasonably priced, costing less than a dollar. Other standout pros of the Nanum Lotto include its simplicity, cash lump sum payouts for all prizes, and impressive second-tier prizes. Unfortunately, the lottery is available only to residents of South Korea, including tourists.
The Nanum Lotto draws take place once weekly, on Saturdays at 8.40 pm local time. The draw is usually broadcast live on a local private channel called SBS.
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Ever since the lottery's inception, it has produced more than one million prizewinners, with 4,789 walking away with the jackpot. Unlike most online lotteries, the lottery usually does not advertise guaranteed minimum jackpots. Still, it sets aside 75% of its total prize pool for the jackpot.
The jackpot can roll over only up to three times. After the third rollover, the amounts roll down to the secondary prize tiers.
The first concern for most new players has to be how to buy a Nanum Lotto lottery ticket online. Nanum Lotto tickets can only be purchased from physical ticket vendors spread across South Korea. Unlike many other national lotteries nowadays, punters do not have the option of buying tickets online.
The best part about purchasing a ticket for Nanum Lotto is that the process is hassle-free. An 'eligible' player, 18 years or older, only has to present themselves at a designated retail outlet.
Nanum Lotto came into existence only two decades ago, after the public demanded a reliable and fair lottery. The company providing the lottery services was owned and managed by Nanum Lotto Inc. Nanum Lotto Inc. became the sole service provider for online lotteries and betting in 2007 through an official contract with the Korea Lottery Commission.
In 2013, the Ministry of Economics and Finance allowed the organization to take over all forms of lotteries in the country. That helped make their lottery the only legal one available then.
In 2009, the organization received a level 1 certificate from the World Lottery Association Responsible Gaming Framework and a level 2 certificate in 2013. Those credentials and many others that the lottery provider garnered over the years helped Nanum Lotto establish itself as trustworthy and reputable.
Nanum Lotto is a licensed lottery game operated legally as per South Korean laws. It is regulated by a national legislative framework, which helps to give players peace of mind regarding trustworthiness. The Korea Lottery Commission first awarded the company a five-year license to operate the national lottery of South Korea in 2013.
The legal contract that makes Nanum Lotto the exclusive national lottery in South Korea extends to providing safety and security to punters. Among the legal requirements are that lotteries can only be offered to punters above 18 years and that punters should be of sound mind.
Furthermore, the lottery provider is limited to providing its services to punters within the country, which also means that players are not allowed to play Nanum Lotto online.
Nanum Lotto uses the standard draw-style lottery rules. To start the game, players must purchase as many tickets as they want per the draw dates they want to play. They then must select six main numbers from a pool of 45 numbers.
There are no other pools for selecting bonus numbers or add-on games, making Nanum Lotto one of the most accessible lotteries to play. Players should then wait for the draw after manually marking the lottery tickets with the selected numbers.
Players can compare the drawn numbers with the selected numbers. Matching all six numbers wins the ticket owner the jackpot prize. Missing a few of the numbers also qualifies for several secondary prizes, which are also usually significant in amount.
In addition, a bonus ball is generally drawn in addition to the six main numbers during the draw. Matching the bonus ball qualifies punters for several bonus prizes.
If multiple players win the jackpot in a single draw, the prize amount is split equally among the winners. If no one wins the jackpot, it is rolled over three times and then down to the lower prize tiers.
Nanum Lotto offers some of the best winning odds compared to other national lotteries. This is because it has five different levels of prizes that punters can win from any single ticket. However, the difference between the winning odds for the five prize tiers is relatively high, with winning the jackpot having the lowest odds.
The odds of winning the jackpot by matching all the six lucky numbers are 1 in 8,145,060. Matching five lucky numbers plus the bonus ball, which wins the second-tier prize, has odds of 1 in 1,357,510. The third-tier prize is for matching five of the six main numbers.
The odds for that are 1 in 5,725. Matching four main balls win the fourth-tier prize. The odds for that are 1 in 733. The last prize tier is for matching three of the six main numbers with odds of 1 in 11.
The two lowest prize tiers have relatively attractive odds. However, the win amounts for those prize tiers are fixed and are relatively very low. The prizes for the third and second prize tiers are similar despite the vast difference in the winning odds.
Payouts for the Nanum Lotto winners can be made from the ticket retailer shops or the Nanum Lotto offices, depending on the amount won. Lower amounts are paid from the retailer shops where the winning tickets were purchased.
More significant winnings are paid out from the Nanum Lotto offices after confirmation of the winner's identity and validation of the winning ticket.
Something to note is that all Nanum Lotto winnings are subjected to taxes, and players are yet to get a chance to buy Nanum Lotto tickets online. The South Korean government levies a 22% tax on all winnings of less than KRW 50 million (approximately 35,800 USD) and 33% on all winnings exceeding the limit. The lottery tax rates are among the highest in the world.
The most effective way to increase the mathematical probability of winning is by buying more tickets for each draw. Buying more tickets, even at the best online lotteries, does not improve a player's chances of winning, but it at least improves their odds.
Notably, when purchasing multiple tickets for the same draw, a player should be strategic, diversifying ticket numbers to enhance their chances of winning. Punters can use numerous effective number selection strategies to help ensure the chosen numbers are well-diversified.
Another practical tip for playing the Nanum Lotto is to wait until the jackpot is rolled over for the third time. The jackpot amount is usually at the highest at that time, as the lottery allows a maximum of only three rollovers. The strategy enables punters to utilize the first tip as they can save their ticket funds until after the third rollover and buy more tickets for the next draw.
Lottery syndicates are mostly employed by online lottery players, where players pool funds to buy online lottery tickets. Joining a lottery syndicate is another worthy tip for players looking forward to increasing their chances of winning the Nanum Lotto.
However, punters who do not find offshore-based lottery syndicates suitable for them can form their own by inviting friends and relatives to play the same lottery. However, the increased winning chances provided by lottery syndicates come at the cost of sharing winnings among the syndicate members.
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