Online lottery games allow you to participate in draws and win prizes. There are many different lottery games available, such as the Powerball, Mega Millions, Fantasy 5, and Lotto 47. The market for online lottery games is expected to grow at a 14.9% CAGR during the period from 2018 to 2027. The growth of online lottery games is mainly driven by a combination of factors including the increase in smartphone penetration and the rapid development of internet facilities.
Players can buy lottery tickets online anytime and anywhere they wish. Online lotto sites are open 24 hours a day, seven days a week. They also provide players with a quick pick option to select their lotto numbers quickly. Players can also participate in international games through online lotto platforms. Some of the biggest jackpots in the world are won by syndicates.
Although many states are wary of online lottery sales, many of them are considering allowing them. For example, New Hampshire has already legalized lottery sales online. Their lottery website has e-Instant games that are accessible from desktops, mobile phones, and tablets. Massachusetts, Rhode Island, and New Jersey are also considering allowing online lottery sales.
New York Assemblyman Clifford Crouch is sponsoring a bill that would allow lottery sales online to increase revenues and reach a wider demographic. Edwin McGuinn, the chief executive officer of eLottery in Stamford, Conn., estimates that online lottery sales could increase revenue by up to 15% in five years. Online lottery sales would be a great way to attract new customers.