South African Lotto Betting Online – Quick Guide

Betting on SA Lotto Online: A Guide

• Why Bet on SA Lotto Online?
• How Does Lotto Work?
• SA Lotto Bonus Games
• SA Lotto Draw Days
• Do You Pay Tax On Lotto Winnings in South Africa?
• Where To Claim Lotto Winnings
• Bet on SA Lotto At Lottoland

When it comes to lotteries, we can safely say that the Lotto was the trailblazer in South Africa. Since starting in March 2000, the Lotto has printed innumerable fresh millionaires, turning the most far-fetched of dreams into reality. Twenty-four years have now passed since the first Lotto ball was drawn, and not a lot has changed- except that you don’t need to leave your house thanks to being able to bet on SA lotto online! That is why we are providing this quick guide to SA Lotto Betting Online at Lottoland.

Why Bet on SA Lotto Online?

With so much choice out there, you may be wondering why you should bet on SA lotto online. It’s as fair question given that international lotteries like EuroMillions, Mega Millions and EuroJackpot generate headline grabbing payouts. However, that does not mean that the Lotto has been made redundant – far from it!

When you bet on SA lotto online you are betting on a lottery that gives you a higher chance of winning compared to many of its peers. Indeed, when you consider that the odds of winning Mega Millions, EuroMillions and EuroJackpot are from 139 million to 302.6 million to 1, then the Lotto’s rather modest odds of 1 in 20,358,520 become very appealing.

And it’s not just the foreign lotteries that Lotto stacks up well against! With PowerBall having odds of 42.37 million to 1, Lotto is by far the easiest South African lottery to win as well! Add to that the fact that a bet costs just R5, then you have a lotto that comes in a very attractive package!

How Does Lotto Work?

Putting aside for a moment that fact that Lotto is considerably easier to win than most lotteries, as well as being significantly cheaper, it is also one of the easiest lotto’s to bet on. All you need to do is choose 6 numbers from a choice of 52 and you are good to go!

Odds of winning the lotto
Prize Tier	Numbers Matched	Odds of Winning
1	6 numbers	20,358,520-1
2	5 numbers + bonus ball	3,393,087-1
3.	5 numbers	75,402-1
4	4 numbers + Bonus	30,161-1
5	4 numbers	1,371-1
6	3 numbers + Bonus	1,028-1
7	3 numbers	72-1
8	2 numbers + Bonus	96-1

In order to hit the top payout, you need to match all six numbers drawn. As you may expect, the payouts do not stop there! Payouts can be achieved for hitting fewer numbers, with the smallest payout being awarded for matching just two numbers plus the bonus ball.

If you are searching for new and innovative ways to win Lotto, then Lottoland has got you covered! You see, when you bet on SA Lotto with Lottoland, we give you the chance to markedly improve your chances of winning by including more than the standard 6 numbers in your bet with our system bets mechanism.

SA Lotto Bonus Games

The Lotto is South Africa sets itself apart from other lotteries when it comes to the bonus games it offers. For just R2.50 each, punters can enter the Lotto Plus 1 and Lotto Plus 2 draws for even more ways to win with the same numbers they selected for the main draw.

When you bet on the SA Lotto with Lottoland, you can also choose a very special bonus game. By selecting the “Double Your Payout” option, you can double the size of the main payout for just R5. This means that it if the top payout is advertised as R5 Million, we will double your payout to R10 million, should you match all 6 numbers. Not a bad return for R5!

SA Lotto Draw Days

The Lotto draw takes place twice a week, on Wednesday and Saturday at 20:56. The draws for Lotto Plus 1 and Lotto Plus 2 take place immediately after, usually at 20:57 and 20:58 respectively. You can bet on the SA Lotto with Lottoland until around 20:30.

Don’t forget that you never have to worry about missing a draw by using Lottoland’s subscription bet. Simply pick your numbers and choose the duration of your bet. You can decide to place your bets up to a full year in advance, letting you rest easy knowing that you will not miss a draw!

Do You Pay Tax On Lotto Winnings in South Africa?

Generally, you do not pay tax on winnings from Lotto, or any other lottery for that matter. As the winnings are considered to be capital, they are not subject to income tax. However, you should be aware that income generated from the winnings could be subject to tax. Income from rental property, investment dividends and interest payments could all be subject to income tax.

Should you be fortunate enough to hit a top payout, it’s always advisable to engage the services of a financial adviser to help you deal with your newfound wealth and the varied tax implications that come with it.

Where To Claim Lotto Winnings

One of the myriad of benefits of betting on Lotto with Lottoland is the fact that you don’t even need to check if you have won – we do that for you! If you have hit a payout, we will let you know and will transfer the amount to your account with us. If your account is verified, you can then transfer the payout to your bank account.

Bet on SA Lotto At Lottoland

You can bet on SA Lotto online at Lottoland. All you need to do is register an account, deposit funds, and pick your lucky numbers! When you bet with Lottoland, we will let you know if your bet is a winner, and you can check the latest Lotto results soon after the draw is complete. Good luck!