It is a fact that the lottery has been around for a long time and has been played by people for centuries. The most interesting fact about the lottery is that some of the oldest games are still played today and one of these is the Israel New Lotto. Through the years, the game may have undergone a number of changes, but it remains one of the oldest ones of its kind and it still enjoys a high level of popularity nowadays. Israel New Lotto features a juicy jackpot and a double matrix, a game format that quite a few lottery players find appealing. It offers a lucrative opportunity to players all over the globe and this has contributed to its popularity.
The game was first established in 1951 and was then known as Israel Lotto. The name change occurred in 2009 when it was re-launched at the Israel New Lotto, but this was not the only change that was made. There have also been changes made to the format of the lottery game itself as some modifications have also been made to the top prize a couple of times. Originally, when it was introduced, the game followed a 6/34 plus 1/10 format.
However, it was then changed to 6/37 plus 1/8 and the final change was made to create the format that’s being used in the Israel New Lotto nowadays; 6/37 plus 1/7. Since its inception, this traditional jackpot game has managed to achieve a lot of popularity. Nowadays, there are two draws conducted in the Israel New Lotto and one is held on Tuesday and the other on Saturday. Millions of people from Israel as well as those from other countries try their luck each week in order to take home the jackpot. However, some people are still left wondering if Israel New Lotto is a scam.
Well, if it were a scam, it would be one of the longest running scams in the history of the game. The good news is that Israel New Lotto is one hundred percent legitimate and is backed up by an official entity that’s running the lottery. The organization that’s responsible for the Israel New Lotto is the National Lottery of Israel called Mifal HaPayis and is just one of the games that can be found in its portfolio. As betting is illegal in the country, Mifal HaPayis is only one of the two entities in Israel that are actually permitted by law to organize these games. The second entity is the Israeli Sports Betting Council.
Originally, the purpose of establishing the National Lottery of Israel was to accumulate enough funds for constructing a hospital in Tel Aviv. Thus, the funds that were accumulated through the lottery were solely dedicated to healthcare projects alone, but through the years, the scope of the initiatives were expanded. Today, there are a number of games that you will find in Mifal HaPayis portfolio and Israel New Lotto is one of the most popular ones. Some of the other entries that you will come across include the Big Lottery, Chance, 777,123, Keno and an array of scratch card games known as Hish Gad.
Mifal HaPayis is a respected and official organization so it can be relied upon. It has signed a licensing agreement with the Israel Ministry of Finance and also has a chairman. As it has completely transparent operations, you can start playing the Israel New Lotto without any worries about being scammed out of your hard-earned money.
How to Play the Israel New Lotto
The Israel New Lotto is actually a 2-matrix game. What does it mean? It means that you have to select six numbers from a range of 37 numbers as well as an additional (chazak) number between the range of 1 and 7. When you play the Israel New Lotto, you will find that there are eight prize categories and the jackpot amount starts at a minimum of 4 million NIS (1.08 million dollars). If a respective drawing doesn’t have a winner, then the sum of the jackpot is simply rolled towards the next drawing. Due to this excellent feature, the Israel New Lotto has been known to offer its players some of the massive jackpots over the years.
When it comes to buying the tickets for the Israel New Lotto, there are a number of options at your disposal. The simplest way to go about is by choosing seven numbers, which is the standard play. You also have the choice of playing a double if that’s what you want. Another option at your disposal is to play a range that comprises of a variety of number combinations with the respective numbers you have selected. A range could comprise of anywhere between 7 and 12 numbers. As mentioned above, there is a minimum guaranteed jackpot that players can win in the Israel New Lotto, which is 4 million NIS.
As far as the odds of winning the jackpot are concerned, there is a 1 in 18,598,272 chance of taking home the big prize. The biggest jackpot that was awarded in the history of the Israel New Lotto was in October 2007. This was the highest jackpot won by a single ticket and there was one lucky winner who ended up becoming 16 million NIS richer. According to the rules of the game, the maximum amount that can be won in the Israel New Lotto is around 56 million NIS. If a drawing ends up with more than one winner, the prize is split amongst them equally.
For winning the jackpot in the Israel New Lotto, you have to match 6 plus 1 numbers and the odds of doing so are mentioned above. There are seven additional prize categories available. You can find the second prize by matching six numbers and the odds of a player doing so are 1 in 2,656,896 and the minimum payout here is 0.5 million NIS. The third prize that you can win requires you to match 5 plus 1 numbers, earns you a sum of ₪5,000 and the odds of this happening are 1 in 99,991.
The fourth prize in the Israel New Lotto requires players to match five numbers and the odds of this are 1 in 14,284. In this category, you can take home a prize of ₪500. The fifth prize can be won if players are able to match 4 plus 1 numbers and its odds are 1 in 2,666. Successfully doing so means that you will be able to claim a sum of ₪150. The odds of winning the sixth prize are 1 in 381 and four numbers have to be matched for winning a minimum amount of ₪55. The seventh prize category gives a sum of ₪35, which is claimed after matching 3 plus 1 numbers and the odds of accomplishing this are 1 in 207.
The eighth prize is the last category and gives a nominal amount of ₪10. You have to match three numbers for winning this prize and its odds are 1 in 38. Thus, the overall odds of players winning a prize in the Israel New Lotto are rather good, which makes it an attractive gave for lottery players out there. One important thing that people should know is that the prizes in the low tiers of the Israel New Lotto tend to fluctuate. The prize that you can win in the lower categories is usually dependent on the number of tickets that are sold for a respective drawing as well as the number of people who have won in that tier.
If you have won a prize in the Israel New Lotto, there are some important facts that you will need to keep in mind. First and foremost, no matter what category of prize you win, it will always be paid out in the form of a cash lump sum. You can claim the smaller prizes through any licensed retail venue. As far as larger prizes such as the jackpot are concerned, lottery players will need to visit the National Lottery of Israel headquarters that are based in Tel Aviv. Before 2003, no tax was imposed on lottery prizes paid out in the country. However, things have changed since then. You are not required to pay any tax on prizes that are less than 54,959 NIS.
But, if your winnings are in excess of this amount, then you will be required to pay an income tax of 25 percent on them. In the case of international players, they need to check the regulations in their country to determine how much tax they have to pay. A number of counties impose income tax on lottery prizes, which means winners might be subjected to double taxation. Thanks to online lottery agents, players will easily be able to participate in the Israel New Lotto without any problems.
These agents make the ticket purchases on behalf of their clients and will send you a scanned lottery ticket to confirm your participation in the Israel New Lotto. Likewise, if you win a prize, you will first be notified of it via email and smaller prizes will automatically be credited in your online account. In the case that you have won a big prize, you may have to visit Israel to claim your prize or the agent may themselves be able to claim it on your behalf, depending on the name used for buying the ticket. Since the odds are favorable, a large number of international players wish to participate in the Israel New Lotto.
Nevertheless, you still have to choose the right numbers in order to take home any prize from the eight categories available in the game. Players have the option of choosing their numbers manually or they can always go with the Quick Pick option online. This means allowing the computer to generate a bunch of random numbers that you can play in the Israel New Lotto draw. If you have decided to choose the numbers on your own, you should remember not to make some common mistakes.
Using past winning numbers may seem like a good idea, but remember that it is highly unlikely that the same combination of numbers will win again. Similarly, playing consecutive numbers is also not a wise decision as the odds of them being drawn are very minimal. Plus, this tactic is widely used by players, which means that if it does work, the prize will have to be split amongst a lot of people. There is no harm in using birth dates, anniversaries and other significant numbers in the Israel New Lotto since it offers you a limited number range to choose from.
But, it is recommended that you also choose a couple of high numbers i.e. greater than 30 in order to ensure you have the best possible combination. You should also try to choose numbers that comprise of both odd and even as the chances of all odd and all even are quite low. Your aim is to improve your odds and not bring them down. Random numbers can also be used and are in fact, recommended by a lot of people. This is mostly because lottery draws are conducted at random so players believe that choosing random numbers will work in their favor.
It is essential to remember that all numbers have an equal chance of being drawn. Therefore, you can only improve your odds of winning, but there is no way to guarantee these tips and strategies will work. But, there is a good chance that even if you don’t get to take home the jackpot, you will still win a secondary prize. The best part about the Israel New Lotto is that a major portion of the funds that are generated through the sales of the tickets are used for some good causes. Thus, even if you don’t win a prize in the Israel New Lotto, you are still helping the country and its people as a whole.