How Popular Is Lottery Game In The Southeast Asian Countries? Is It A Successful Game?
The lottery is not only a game but a cultural part for Asians. Many people in the offline markets sell raffle tickets that people purchase to try their luck. Over time, modernization has made the lottery accessible for many people. Online lottery Malaysia provided by reputed online casinos has penetrated further in the market.
According to a Yahoo report, the lottery market will grow to $298.29 billion by 2023; by 2027, it will reach $358.40 billion. The CAGR will be 4.7% of growth. More than 50 geographical locations are covered under lottery gaming.
The figure above shows how fast the market is upscaling, with players from Malaysia, Hong Kong, Singapore, the Philippines, and Japan taking the lead. Let us walk you through the popularity and success of this game.
Lottery Gameplay In Southeast Asian Countries
A lottery is a game of sheer luck because a random number becomes the spotlight of a particular lottery win. However, online lottery goes the same way, but simple math can still be applied. Most lottery results are announced every week to let people try their luck. Mind you, the lottery offers the lowest odds until you play at a reputed and professional online casino Malaysia like Maxim88.
Well, there are a few big lotteries in the Southeast Asian countries. They are:
- Loto 6 is played widely in Japan, with draws opened every Monday and Tuesday. The lottery has a maximum jackpot cap of ¥600 million or $5.5 million. The best part of playing the lottery in Japan is that it does not tax the lottery amount.
- Japan Loto 7 is another famous lottery in Southeast Asia. The draw of this lottery is taken out every week on Friday. The maximum cap of this lottery is ¥1 billion, equal to $9 million. The odds of winning this lottery lie somewhere between 1 and 42.
- The Philippines offers the national lottery game Ultra Lotto 6/58. The weekly lottery draws are announced on Tuesday, Friday, and Sunday during the local evening.
- There is no cap on winning a jackpot prize. The biggest amount won until now is €20.2 million. CNN report also shows that more than 400 people have won the Lotto in the Philippines. The top prize claimed by an individual equals to $9,200. Players must match six numbers from 1 to 58 to claim the jackpot amount.
- Another biggest lottery played in Asia is Mark Six in Hong Kong. Every week, on Tuesday, Thursday, and Sunday, the results are announced. The biggest jackpot ever hit on the Mark Six lottery game is HK$8 million. You must match six numbers from the lottery ticket with the winning ticket number to claim the jackpot amount.
It shows how Asian countries are getting engrossed in this game. The chances of playing and winning are increasing by providing an online lottery to the players. However, players must identify the winning numbers. Keno is a popular online lottery game offered at many online casinos welcoming Asian players.
Is Lottery A Successful Game?
The results show that it is a successful game if played with simple math in mind and sheer luck. Yes, you cannot forget the role luck plays in the lottery game. A few expert players have won the jackpot 7 times or 14 times. It shows that the applicability of simple rules can help you manifold. Let us check out the simple math rules that can help you win.
- Check out a specific lottery you are engaging in, and watch out for the previous winning numbers.
- Numerous possible winning combinations can be prepared.
- You can join hands with other lottery syndicates that will help you pool in more money and purchase more tickets.
- Players must avoid the conventional patterns of picking random numbers from the given numbers. Try to make 104 or 176, especially if you are playing Lotto.
- Spice up your winnings by opting for different varieties of lotteries and their combinations. You may get the same losses if you do not diversify your choices.
- Always start with a smaller budget instead of taking big risks. If you play a lottery game like Keno, you can bet on small staked numbers, even and odd, upper middle lower bet, etc. You must identify 20 numbers within a certain numerical range in all these bets. You can win the small stakes, but it will make your lottery game forms consistent.
With these math tips, the players (beginners or veterans) can clinch a great deal of stakes, and with consistency, the jackpot winning is also possible. You must pick the basic strategies or tips from experts who have already won titles to enhance your winning spree.
Benefits Of Playing Lottery Game
As we have already seen, the lottery is quite embedded into the Asian culture, so people try their luck hard on the lottery game. Apart from the cultural touch, the lottery game has major gameplay benefits.
- The probability of winning increases if the players are consistent with the gameplay.
- Players can fulfill their long-term dreams with a lottery prize.
- You can fulfill your attainable goals first.
- A small investment lets you win a big jackpot amount if you are lucky
- You can support community causes like donating food at animal shelters, donating money at hospitals and orphanages, giving an amount of your choice towards nursing homes, and much more.
- Lottery game is widely available in many countries. You can play the game anywhere and make a good amount of money.
- Try to get a financial counselor to invest your lottery amount. It will help generate a monetary pipeline for you and your family.
- The lottery game is exciting because you can buy the ticket with a small amount from your paycheck. You can purchase the ticket you choose and, if lucky, jackpot money will make your life comfortable.
Lottery Gaming At Its Best At Maxim88!
Are you looking forward to trying your luck at the lottery? Are you a beginner? Well, you can visit Maxim88, a reputable Malaysian casino that offers a popular QQKeno lottery game for the players. The casino offers great jackpot amounts, bonuses, and promotions to engross you in this game.