Lotto Max
Encyclopedia
Lotto Max is a Canadian
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

 lottery
Lottery
A lottery is a form of gambling which involves the drawing of lots for a prize.Lottery is outlawed by some governments, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of regulation of lottery by governments...

 game that began sales on September 19, 2009. The first set of winning numbers were drawn on September 25, 2009, and subsequent draws have been held every Friday. It replaced Lotto Super 7
Lotto Super 7
Lotto Super 7 was a national lottery game in Canada, operated by the Interprovincial Lottery Corporation . It was launched in 10 June 1994, and its last draw was on 18 September 2009....

 in September 2009.

For a $5 wager, a player chooses seven numbers from a field of 49 or ask for a ticket in which case the 7 numbers are randomly generated. These are printed on a ticket with two additional sets of seven randomly generated numbers. Prizes are awarded based on how many numbers in each set on a ticket match the drawn numbers, with a minimum of three matching numbers required to win any prize. The jackpot
Progressive jackpot
A progressive jackpot is a jackpot for a gaming machine where the value of the jackpot increases a small amount for every game played...

 is capped at $
Canadian dollar
The Canadian dollar is the currency of Canada. As of 2007, the Canadian dollar is the 7th most traded currency in the world. It is abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies...

50 million, beyond which additional draws are conducted for $1 million each (the "Maxmillions" bonus draws).

The longest streak of $50 million jackpots in Lotto Max has been four weeks. The June 4, 2010 draw was estimated at the $50 million prize cap, with five "Maxmillions" draws. Subsequent drawings had 20 Maxmillions (June 11), 45 Maxmillions (June 18), and 49 "Maxmillions" (June 25). The June 25 jackpot drawing resulted in two winning tickets, one from Newfoundland and the other from Saskatchewan. Of the June 25 "Maxmillions" drawings, 26 were not won, and so those prize funds were rolled back into the July 1 Lotto Max drawing, making that week's prize pool $33.2 million.

As with all Canadian lottery jackpot games, winners receive their prizes in a tax-free lump sum.

Organization

Lotto Max is administered by the Interprovincial Lottery Corporation
Interprovincial Lottery Corporation
The Interprovincial Lottery Corporation is an organization that operates lottery games in Canada. It is owned jointly by the five provincial lottery commissions. ILC's headquarters are located in Toronto, Ontario....

, which works with the five regional lottery corporations owned by the 10 provinces and 3 territories
Provinces and territories of Canada
The provinces and territories of Canada combine to make up the world's second-largest country by area. There are ten provinces and three territories...

. Retailers receive from the lottery a percentage for tickets sold from their store (the money is not taken from the prizes). Retailer agreements vary by jurisdiction.

Prize structure

Match Prize Chance of Winning on a C$5 play
7/7 Jackpot Win or share of 87% of Pools Fund 1 in 28,633,528.(by dividing approx. 86 million combinations by 3, realistically it remains 1 in 86 million approximately.)
6/7 + bonus number Win or share of 4% of Pools Fund 1 in 4,090,506.5
6/7 Win or share of 4% of Pools Fund 1 in 99,768.7
5/7 Share of 5% of Pools Fund 1 in 1,583.96
4/7 C$20.00 1 in 71.60
3/7 + bonus number C$20.00 1 in 77.08
3/7 Free Play 1 in 8.421
Maxmillions (7 of 7) (exact match only)* Win or share C$1 million each set drawn 1 in 28,633,528.


* When applicable
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