Make Way for the World's 'Largest Online Lottery'

9 January 2001
Netherlands Antilles-based Lottery International has launched what it is calling the world's largest online lottery at www.lotteryint.com.

The first draw is scheduled for March 9, 2001. Turnover is expected to be about $80 million. One fourth of this, around $20 million, will go to the winner, a fifth to charity and 15 percent to those who pick four or five correct numbers. This and all future drawings can be viewed live at the website.

Entering the draw entails opening an account with a minimum of $20. Each lottery entry costs $1. Credit card information is encoded by a complex 128-bit encryption code.

South African Lotteries Board spokesperson Sershan Naidoo says that punters should play this lottery "at their own risk," as the board has no control over it.

The Curacao-based company was started by two South Africans, Leon Strydom and former motorcycle champion Jim Redman.