What is the Extra 5 Lottery?
The Extra 5 Lottery is a thrilling opportunity to increase your winnings and add some extra excitement to your lottery experience. While many lottery games offer a single jackpot prize, the Extra 5 Lottery goes above and beyond by offering players the chance to win additional prizes on top of the main jackpot. This means that with a single ticket, you have the potential to win multiple prizes, greatly increasing your chances of walking away with a substantial sum of money.
Where To Buy Tickets The Extra 5 Lottery
The first step to enjoying this game is knowing how to buy an Extra 5 Lottery ticket. There is currently no dedicated online app available. Therefore the slip must be purchased the old-fashioned way.
Throughout Greece, there are numerous points of sale for OPAP games. There is even a store locator section on their official website. This will make it easier for players to find one in their local area.
At an OPAP-affiliated store, the person can select their numbers and purchase the Extra 5 Lottery ticket. It is not possible to obtain a digital copy. Consequently, it is vital that the paper ticket is kept safe. Choosing numbers at a brick-and-mortar establishment might seem antiquated. However, it is still fairly common for games of chance in Greece.
History Of Extra 5 Lottery
The history of this game has links with sports betting. During the 1950s there was a national effort to improve the infrastructure for this type of wagering. The General Secretariat for Sports was soon set up. In 1958 a new private legal entity called OPAP began to oversee all operations related to games of chance. For many years the main emphasis was on football.
However, OPAP eventually started to create lottery games for the general public to enjoy. LOTTO was launched in 1990 and became a major success. A new demand for greater varieties of online lottery games gained momentum. OPAP has experimented with different ones.
Both SUPER 3 and EXTRA 5 became available on 25 November 2002. The advent of the internet allowed gamblers to check EXTRA 5 results online.
Is Extra 5 Lottery Legal?
All of the games of chance provided by OPAP are perfectly legal within Greece. Citizens need to be aged 18 or over in order to purchase a ticket. It is a more complicated situation for people overseas hoping to play via an online surrogate.
In 2011 The European Court of Justice ruled that the monopolistic nature of OPAP makes it incompatible with EU law. As a result it is best that only Greek nationals play Extra 5.
If the person's numbers are drawn then their winnings could be taxed. The tax rate starts on payouts totaling €100. It increases depending on the size of the jackpot. Gamblers who win more than €2500 are legally required to pay a 20% tax. These rules came into effect in September 2022. Furthermore, OPAP has a policy of anonymity for first prize winners.
How To Play Extra 5 Lottery
This Greek lottery is very popular due to its regularity and simplicity. The draws take place every day at 3.00 PM (Athens time). Gamblers can go to any authorized OPAP retailer to select their numbers.
They need to choose at least five. These range from 1 to 35. If the player does not want to choose the digits themselves they could utilize a Quick Pick machine. It will randomly generate a sequence for them.
It is then time to choose the amount of money to wager in each draw. If multiple selections are made then these will work cumulatively. The minimum amount may be wagered by not filling in a multiplier on the ticket slip. The lowest column value is €0.50.
Multiple selections allow the player to participate in future draws. This is handy for people who only want one ticket. To win the top tier prize all of the numbers need to be drawn.
Players who manage to predict four or three of the numbers could win a lower prize amount. The results can be found on the official OPAP online site. It is even possible to watch the draw happening live.
The Odds Of Winning Extra 5 Lottery
Numerous factors can affect the odds for national lotteries. This includes the number of digits in a draw and the frequency of players. If a lottery game is played online by a large number of people then it can significantly alter the chances of winning.
Since Extra 5 directly targets Greek citizens this will not be an issue. All ticket holders will hope to win the first prize. The odds of this happening are one in 324,632. This makes it much more enticing than similar competing online or national lottery games.
For example, the odds of winning Greek Joker are one in 24,435,180. Meanwhile, players have a one in 13,983,816 of winning the jackpot of the Greek Lotto. Therefore, if gamblers are looking for a game with the best possible chances then Extra 5 is a worthy option.
Payout Options For Extra 5 Winners
Those who play the Extra 5 Lottery should not expect any online payout options. Instead, they need to claim their winnings from an OPAP store or authorized bank. Tickets that are damaged or lost will not be considered valid. It is therefore important to keep them safe.
If the person wins a lower tier prize then the payout will tend to be between €5 and €125. The top jackpot does not exceed €500,000.
Players lucky enough to win this amount will find that the claim process is more complicated. Instead of a store they need to bring the ticket to the OPAP offices in Athens. It is also possible to hire a lawyer to redeem the money.
Occasionally, more than ten people will come forward with a first-tier prize ticket. On these occasions, the €500,000 is distributed in shares. The amount of money given to each player will depend on how many people are claiming for that specific draw.
Tips And Tricks To Play Extra 5 Lottery
- The Extra 5 Lottery is a game of chance. Players can't predict the exact combination of the next draw.
- On the other hand, they could boost their chances by avoiding certain patterns of numbers. It is unwise to choose a combination that has already been drawn in the past. The odds of the same sequence reoccurring are practically impossible.
- Gamblers should not pick five consecutive numbers in a sequence. Instead, it is better to go for digits that belong to different groups. Some people like to play multiples. 5-10-15-20-25 is one common example. Alternatively, they could pick numbers that end in the same digit such as 3-13-23-33.
- These types of strategies reduce the chances of winning. When buying an Extra 5 Lottery ticket is is important to remember that varied combos tend to do better.
- The gambler does not have to decide the combination on their own. Instead, they might decide to join a lottery syndicate. These are groups of people who pool their money together.
- They consider their numbers strategically. If one of them manages to win the Extra 5 Lottery then the jackpot will be shared amongst all of the syndicate members.
About the author
Isabella GarciaAreas of Expertise:
Isabella Garcia, fondly known as 'Lucky Lotti' at LottoRanker, combines her South American flair with deep expertise in global lotteries. From the sun-drenched beaches of Rio, Isabella decodes the intricacies of lotteries, bringing players the best tips and tricks.