Lotto New Zealand
National lottery operator of New Zealand / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Lotto New Zealand?
Summarize this article for a 10 year old
The New Zealand Lotteries Commission, trading as Lotto New Zealand since 2013, is a Crown entity that operates nationwide lotteries in New Zealand. It was established in 1987 and operates under the Gambling Act 2003. Its oldest and most popular game is Lotto, which boasts a top prize pool of NZ$1 million. Other games include the four-draws-daily Keno, the daily Bullseye, and a variety of scratchcards and online games known as Instant Kiwi. Instant Kiwi may only be played by persons 18 years of age or older, under the Gambling Act 2003. Powerball and Lotto Strike are optional extras with every Lotto ticket. Powerball is a jackpotting game, with a maximum jackpot of $50 million - after which a Must Be Won draw must be called.
This article needs additional citations for verification. (December 2017) |
Agency overview | |
---|---|
Formed | 1987 |
Headquarters | Auckland, New Zealand |
Minister responsible | |
Agency executive |
|
Website | www |
Profits from the publicly regulated lotteries are passed to the New Zealand Lottery Grants Board to distribute as funding for recreation, arts, community projects and sports. Since its creation, Lotto NZ has contributed more than $5.9 billion to the Lottery Grants Board. The New Zealand Film Commission, Creative New Zealand, and Sport New Zealand are major recipients of lottery funding.