An online lottery is a game of chance, where players buy tickets to a drawing and can win money. It can be played on a computer, tablet, or mobile phone. It works similarly to traditional lottery games, but the results are instantaneous. In addition to being convenient, online lotteries are secure and private.
Online lotteries are not government-run, like traditional ones, but rather operate as middlemen between the public and official lottery games. This means that you’re not actually purchasing an official entry to the MegaMillions or EuroJackpot; instead, you’re buying a ticket from a private business that’s acting as a “lottery agent.”
While some people still prefer to purchase their tickets in person, many are shifting to online options. This shift is being fueled by better internet connectivity and improved betting process, as well as the growing popularity of these games among consumers. The market is also gaining traction in developing countries, such as India and China.
As a result, the number of online lottery players has increased significantly, with the global market expected to reach an estimated $38 billion by 2024. The main reason for this growth is the increasing availability of mobile devices and the proliferation of internet access, which are making it easier for people to play the lottery from the comfort of their homes or on the go.
Some states are skeptical of allowing online sales, citing fraud risks and fears of cannibalization from traditional lottery ticket sales. These concerns are valid, but the evidence shows that they are not being borne out in reality. In fact, traditional lottery sales have grown every year since Pennsylvania’s iLottery launched in 2018.
While the United States has been slow to move toward online lottery games, several other jurisdictions are taking advantage of this technology to boost their revenue streams. The District of Columbia, for example, rushed out emergency regulations in December 2020 and then launched its online lottery games in January 2021. The District has chosen to partner with IWG, whose Instant Keno Multiplier and Doublin’ Doubloons scratch-type games are available for both the DC and state lotteries.