The global online lottery market is increasing due to the increasing number of mobile phone owners. In India, it is legal to play international lotteries. However, there are some questions that one must ask before participating in an online lottery. For instance, what is the minimum age to play an online lottery? And how much does online lottery registration cost?
Growing mobile phone ownership contributing to global growth of online lottery market
The global online lottery market is expected to grow at a CAGR of 0.42% during the forecast period, from 2022 to 2027. Although the growth of online lottery was hampered by the COVID-19 pandemic, a number of factors are helping it expand. These include government regulations and rising consumer awareness. Growing mobile phone ownership has also spurred the market’s growth.
The online lottery market will continue to grow as the world’s population continues to become increasingly connected. Internet usage is growing at a rapid rate, with 49% of the world’s population having internet access in 2017 compared to 41.7% in 2015. This trend is also being driven by the increase in mobile phone ownership. As of 2016, eight out of ten people in developing countries owned a mobile phone – a figure which is expected to rise steadily in the coming years.
Legality of playing international lotteries in India
In India, it is completely legal to play international lotteries online. Many international lotteries offer a multiplier option which can double your winnings. The winnings are transferred directly to your account. This way, you can enjoy the benefits of international lotteries without worrying about taxes. Moreover, playing online will save you from the hassle of keeping paper tickets safe.
While the Indian government does not allow you to play private lotteries, it does not prohibit you from playing international lotteries. In fact, Indian state governments promote lottery and have enacted the Lotteries (Regulation) Act, 1998 to protect the interests of the public.
Minimum age to participate in online lotteries
The UK government is considering increasing the minimum age to participate in online lottery games. The reasons for doing so range from religious concerns to competition, but one common theme is the desire to limit the number of young people who play. Currently, the minimum age to participate in the National Lottery is 16, but it is expected to be raised to 18 by 2021. The government says that raising the minimum age to play online lotteries is necessary to protect the interests of problem gamblers and children.
There are some restrictions, though, as well. If you’re under 18, you should consult with a lawyer and avoid purchasing lottery tickets. There are a number of states that have age limits on who is allowed to participate. In Kansas, for example, the lottery prohibits the recruitment of children under 18 for promotional purposes.
Fees associated with playing online lotteries
Legitimate lotteries do not require you to pay anything up front to collect your winnings. However, you should beware of lottery agents who ask for money upfront. These are almost always scams and should be avoided. Make sure you are dealing with a legitimate lottery agent and check their credentials. Never use contact details provided in an unsolicited message. It is also recommended that you conduct a thorough internet search to verify the authenticity of the contact.