MegaMoon Knowledge : Loto 7 (Japan)

What is Loto 7 (Japan) ?

Loto 7 is a lottery game launched in Japan since 2012. Under the direction of the Japanese government, the Mizuho Bank and other banks in Japan operate it. The game was developed to replace Loto 6, which had been in use since 2000. The new game’s objectives were to increase jackpots for players and draw more lottery participants.

Loto 7 has a similar format to Loto 6, but with a few key differences. Instead of selecting 6 numbers from a pool of 43, players must select 7 numbers from a pool of 37. The odds of winning the jackpot in Loto 7 are also slightly better than those of Loto 6, with a 1 in 10,295,472 chance of matching all 7 numbers.

The first Loto 7 draw took place on December 10, 2012, and since then, the game has become a favorite among Japanese players due to its large jackpots and favorable odds of winning. The largest Loto 7 jackpot to date was ¥1.7 billion, which was won in October 2013 by a single player who correctly predicted all 7 winning numbers.

Overall, Loto 7 has emerged as a well-liked addition to the Japanese lottery market, giving players the potential to win enormous sums of money for only modest outlays. Also, its success has assisted in increasing funds for other social and cultural projects in Japan.

Loto 7 (Japan) Rules

1. How to Play: To play Loto 7, you must select 7 numbers from a pool of 37 numbers. You can choose your numbers manually or use a Quick Pick option, which randomly selects your numbers for you. Each ticket costs 200 yen.
2. Double Chance: Loto 7 also offers a Double Chance option, which allows you to enter your chosen numbers twice for a single draw. This effectively doubles your chances of winning, but the cost of playing with Double Chance is twice the cost of a regular ticket.
3. Drawings: Loto 7 drawings take place every Friday at 7:00 PM local time. The winning numbers are chosen using a computerized random number generator.
4. Prizes: The jackpot is won by matching all 7 numbers. There are also other prize tiers for players who match fewer numbers. The prize amounts are determined by the number of winners and the amount of money in the prize pool. The minimum jackpot is 600 million yen, and the jackpot increases each week that it is not won.
5. Claiming Prizes: If you win a prize in Loto 7, you have one year from the date of the drawing to claim your prize. Prizes of up to 100,000 yen can be claimed at any authorized lottery retailer. Prizes between 100,000 yen and 1 million yen can be claimed at certain authorized retailers or at regional lottery centers. Prizes over 1 million yen must be claimed at the Loto 7 headquarters in Tokyo.
6. Odds of Winning: The odds of winning the Loto 7 jackpot are approximately 1 in 10,295,472. The odds of winning any prize are approximately 1 in 52.5.
7. Age Restrictions: To play Loto 7, you must be at least 18 years old.

It’s crucial to remember that these guidelines could change, so players should constantly check the Loto 7 website or a reputable lottery shop for the most recent details.

The MegaMoon lottery game has a jackpot rollover system similar to Loto 7 (Japan). In addition, the MegaMoon platform is controlled by Smart Contract, so all participants can be assured that MegaMoon is transparent, everyone can’t interfere and has a high prize value.

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