How the Lottery is the Perfect Storm in South African iGaming

Metrics and preconceptions aside, the popularity of the lottery, in general, is a perfectly understandable circumstance of iGaming. It comes with the tremendous promise of transforming your life and lifestyle and has a relatively low cost. It's a iGaming system of global relevance that can gain traction in most jurisdictions that allow it.

In light of these aspects, it should not come as any surprise that the lottery is hugely popular in South Africa. As we will showcase in this article, it has a very high profile in this country, and there are very apparent reasons that clarify why it is so.
Currently, the South African lottery is a state affair whose operator is ITHUBA Holdings. It offers 8 distinct games and operates legally thanks to a license awarded by the National Lottery Commission. As such, the lottery in South Africa is a completely legitimate affair that presents no risks in terms of official status.
Given its regulated status and potential as a legitimate iGaming activity, the foundation is solid enough to allow South African players to enjoy themselves with an occasional ticket. Let's delve into this subject!
The Figures Show It's the Most Popular Form of iGaming
Following a study from infoQuest, whose expertise is mainly in the online research field, we received some data about the way South Africans go about their iGaming preferences and activities. This study has very recent data, having started in March 2024.

The survey begins with a question regarding the preferred iGaming activity of the circa 300 subjects. 75% of them answered that playing the lottery is their first-choice iGaming activity, with online gaming coming in second at 62%.
Despite the appeal of free spins no wagering offers, along with the entire field of marketable incentives, online iGaming sites still place below the lottery. Not only is the lottery very familiar for such gamblers, but it's also a state-sanctioned activity.
Ease of Access, Huge Potential
Playing the lottery in South Africa is tremendously easy because citizens over 18 years old can buy the tickets very easily. Not only can they purchase tickets from numerous locations spread across the territory, but there are also various banking services that sell lottery tickets.
As such, opportunities to buy such tickets will appear everywhere, both online and in physical places. The simple task of purchasing a lottery ticket and subsequently cashing in on any win is also something that is not time-consuming. It allows players to just buy the ticket at any time, and then check the results after the extractions.
The results of another survey from the infoQuest study show the very same situation. Most of the surveyed subjects who chose the lottery as their preferred iGaming activity say that they play mostly on weekdays. Quite notably, the lottery players were the only category who played predominantly on weekdays. Other categories were overwhelmingly weekend players.
Another notable detail connected to this situation is that the second-ranking period was both on weekdays and weekends. Weekday players comprised 40% of the total, while the 'hybrids' comprised 37%. These figures prove that lottery enthusiasts can and will play the lottery whenever they want, rather than clearing their schedule for the weekends like those who play slots (70% on weekends).
The potential of a lucky ticket is also an incredible prospect. While consistent winnings are much more possible in other iGaming activities, none have the pure potential of grabbing the big prize of a lottery. Furthermore, there is no time to lose when you play the lottery since it does not require active playing!
No Taxation
There is another incredible reason that applies only to the winning cases. The South African legislation does not perceive taxes on iGaming activities as it does not consider it stable, thus taxable revenue.

Quite notably, professional iGaming is the exception to the rule since it does constitute a stable revenue source. Steady and consistent iGaming winnings mean that you are able to support yourself in this activity.
The state perceives a lottery win as just an irregular event that has no consistency in your revenue stream. As such, it has no connection to labour, which disqualifies it from taxation. The chance to keep the entire lottery jackpot is definitely a factor worth considering as an influence on the popularity of the lottery in South Africa!
Conclusion
Now that this article has reached its conclusion, we can make a simple assessment of the popularity of the South African lottery. The figures show that this iGaming activity is indeed the most accessed, and its accessibility, potential, and lack of taxation are important factors. If you partake in any form of iGaming as well, remember to play responsibly!

CONTACT:

Company: GSH Online Media
Adress: Splaiul Unirii 76, Bucharest
Contact person: Theodor Hughes
Email: contact@gshmedia.com

SOURCE: https://slotscalendar.com

At GSH Online Media, we are committed to empowering consumers by equipping them with the essential tools and insights necessary for navigating the ever-evolving landscape of online iGaming. Our goal is to offer a clear and accessible platform where individuals can effortlessly compare a wide array of online iGaming services to find the perfect match for their unique preferences and requirements.

This release was published on openPR.