Inaugural $9.5m Emirates Loto Draw Rescheduled For April

First jackpot draw was due to take place on Saturday, tickets will be carried forward

The draw, which boasts a $9.5m jackpot every week, was due to take place on Saturday Image: Emirates Loto
The eagerly anticipated inaugural Emirates Loto draw has been rescheduled to take place on April 18 as a result of the current coronavirus crisis.
The draw, which boasts a AED35 million ($9.5m) jackpot every week, was due to take place on Saturday, but organisers pulled the plug in light of UAE government initiatives to mitigate the spread of Covid-19.
Officials have said the new date will be confirmed in collaboration with government health authorities.
“The health, safety, and well-being of Emirates Loto staff, players, retail partners, and the public at large is of our utmost priority,” said Paul Sebestyen, Emirates Loto CEO. “These are unprecedented and challenging times, and we encourage everyone to follow the government directives in order not to endanger their lives or others.”
“For those that have already purchased their collectables and opted to play – we will, of course, honour your participation in the rescheduled draw,” added Sebestyen. “But for now, please stay healthy, stay safe, and most importantly, stay home.”
According to the website, participants taking part in the new Loto must purchase a collectable for AED35, either online or at retail stores across the UAE – a delivery fee is charged when ordering online.
Each card allows people to register a unique six-digit number, each between one and 49, or this can be generated randomly for you – matching three numbers entitles you to a free game, four numbers will win you AED300, five numbers will win you up to AED10m and if all six numbers are matched, you walk away with the AED35m jackpot.
If more than one person matches five or six numbers, the prize money will be split accordingly.
For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.Investcorp exits RESA Power In Sale To Kohlberg, Marking First Exit For North American PE Fund
Investcorp aims to replicate RESA’s success globally across its private equity business Read more
Gate Group Secures Dubai VARA License
Gate Group’s Dubai arm is accelerating the expansion of its local team as it prepares for its official launch Read more
UAE Reviews Tax Authority Achievements As Report Identifies Over 537,000 Corporate Tax Registrants And 511,000 Signed Up For VAT
UAE Federal Tax Authority meets to discuss progress Read more
UAE Announces New Tax Rule
The UAE has announced a new waiver for tax fines in the country Read more
First Abu Dhabi Bank Powers Ahead With Record Q1 Numbers
Total income up 11 per cent to $2.4bn as net profit rises 23% to $1.4bn and profit before tax reaches $1.67bn; Total as... Read more
UAE To Launch Dirham-backed Stablecoin
Dirham-backed stablecoin launched in the UAE will enable simple digital payments Read more