What is wednesday Lotto?

wednesday Lotto is a weekly lotto draw from Australia that takes place every wednesday . The wednesday Lotto offers tax free prizes and features a guaranteed win of $1 million AUD in prize money for up to 4 players. To win the jackpot, simply choose 6 numbers correctly out of 45.

How to play:

To win the jackpot, simply choose 6 numbers correctly out of a possible 45 including. 2 additional numbers are chosen and used only for the 2nd, 6th and 7th prize division. You can choose between buying a single ticket or pooling together and joining a group game.

wednesday Lotto History:

The wednesday Australian Lotto has a long established history. The first draw goes all the way back to 1979 when it was known as "The Big One". In the southern regions of Australia the lotto is known as "X-lotto". Since early 2004 wednesday Australian Lotto has been the same structure as the Saturday Lotto.

Taxes

Winnings from wednesday Lotto, and all Australian Lottos are tax free within the country, but if you are playing from overseas then it is best to take advice on tax liabilities in your country. As a general rule, any winnings below $1,500 are subject to zero tax, no matter the jurisdiction or where the ticket was bought.

What Happens if I Win?

When you win a jackpot you will be paid out 2 weeks of claiming your prize. You have a two options as to how you would like to claim your winnings. The first is the most common, where jackpot winners’ are paid in multiple annual payments, depending on your preference. The time period you have to claim your prize depends on where the ticket was bought. As a general rule you have 6 months to claim your winning ticket from the time of the draw, but be sure to check which jurisdiction your ticket was bought in.

Tips & Tricks For Increasing Your Odds:

The best way to increase your odds is to buy group game tickets, It’s pure logic & math. When you buy group game tickets you essentially ‘pool together’ your tickets and therefore increase your odds immensely.

For example: If you wanted to buy a single ticket for a wednesday Australian Lotto draw it will cost you around $1.50 AUD offline, and anywhere up to $4 AUD per ticket online. With a group game option you buy shares in a group of tickets online. 50 tickets could make up one group (groups can be anywhere from 30-100 tickets grouped together). This group of 50 tickets is then split into 100 shares and each share can be sold separately, this way the player can buy a share in a group of 50 tickets for a prices much cheaper, as little as €0.19 per ticket. If one of the group’s ticket is a winner then the winning amount will be split according to how many shares you have in the group.

So, if we have a group of 50 tickets, split into 100 shares and you buy 10 shares in the group, you own 10% of the group of 50 tickets. This means if the group of tickets has a winner in it, say $100,000.00 AUD you would receive 10% of this total, meaning you would win $10,000.00 AUD