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41-505: The New Zealand Lotteries Commission , trading as Lotto New Zealand since 2013, is a Crown entity that operates nationwide lotteries in New Zealand . It was established in 1987 and operates under the Gambling Act 2003. Its oldest and most popular game is Lotto , which boasts a top prize pool of NZ$ 1 million. Other games include the four-draws-daily Keno , the daily Bullseye , and

82-505: A few occasions in 1998. In April 2013 the Advertising Standards Authority considered a complaint about a Lotto advertisement featuring a dog stealing his owner's Lotto ticket because he got a cat. It dismissed the complaint. All monetary values are in New Zealand dollars . Lotto, including Powerball and Strike, is the most purchased of the games, accounting for $ 1,169 million or 84.4% of Lotto NZ's income. Originally

123-482: A long-term basis (longer than 4 weeks). Zero rate GST (0%) applies to exports and related services; financial services; land transactions; international transportation. Financial services, real estate, precious metals are also exempt (0%). GST was introduced on 1 October 1986 by the Minister of Finance, Roger Douglas, at a rate of 10% on goods and services. It replaced existing sales taxes for goods and services. In 1989 GST

164-427: A number of new ones being introduced, though some later ceased. Instant Kiwi scratchcards were introduced in 1989 (replacing Golden Kiwi), Lotto Strike in 1993, Keno in 1994, Powerball in 2001, Big Wednesday in 2005, Bullseye in 2009, Play 3 in 2014 and Instant Play in 2017. Big Wednesday ceased in 2015 and Play 3 in 2019. Lotto has been worked into two past game shows, "TeleBingo" and "Risk". There were "Extra Draws" on

205-591: A person to spin the wheel on their behalf, or they might take the minimum guaranteed prize of $ 25,000. Entry into the draw for the Winning Wheel was automatic for all Lotto and Lotto Powerball tickets. Lotto Strike tickets were excluded, as they had a serial number ending in 12XX, not 20XX. The Winning Wheel ended on 4 July 2015. Following the format of the popular bingo hall game , Keno draws are made daily at 10am, 1pm, 3pm and 6pm. Tickets cost between $ 1 and $ 100 per line. The top prize for matching 10 numbers from 10

246-549: A single ticket. The game-board looked like this: Crown entity Crown entities come under the following types: Crown entities can be contrasted with other New Zealand public sector organisational forms: departments of state , state-owned enterprises , offices of Parliament and sui generis organisations like the Reserve Bank . Under the Crown Entities Act, ministers are required to "oversee and manage"

287-426: A variety of scratchcards and online games known as Instant Kiwi . Instant Kiwi may only be played by persons 18 years of age or older, under the Gambling Act 2003. Powerball and Lotto Strike are optional extras with every Lotto ticket. Powerball is a jackpotting game, with a maximum jackpot of $ 50 million - after which a Must Be Won draw must be called. Profits from the publicly regulated lotteries are passed to

328-487: A weekly game, the first tickets went on sale on 22 July 1987 and the first draw took place on 1 August 1987. It has a televised draw on TVNZ 1 at approximately 8pm every Saturday night and, since 2015, 8:20pm every Wednesday. The draw aired on TVNZ 2 from inception in August 1987 until July 2015 when it moved to TVNZ 1. If TVNZ 1 covers special events on various occasions (e.g. New Zealand general elections, Olympic Games etc),

369-534: A winning line of Lotto, the ticket holder wins a share of the Powerball prize pool in addition to the prize won from the main Lotto draw. To win first division Powerball, the winner must first win Lotto first division, and have the winning Powerball number on the same line. The prize for first division is very large: a minimum of $ 4 million, but with the chances of winning one-tenth of the odds of winning an equivalent prize in

410-453: Is $ 250,000 for a $ 1 wager, with a maximum prize of $ 1 million available. Keno Multiplier was added in February 2019. Bullseye is a daily lottery game, launched on 19 October 2009. The winning number is drawn at 6pm and results are available online and in-store at 6:10pm. One selects a six-digit number between 000000 and 999999, or gets the Lotto terminal to randomly select a number, and the aim

451-509: Is Lotto NZ's series of scratchcards and online games. Introduced in 1989 to replace the Golden Kiwi, Instant Kiwi has evolved over 21 years to its current format. It is the only Lotto NZ game with a purchase age restriction and minor prize claim age restriction – it is illegal to sell Instant Kiwi tickets to those under 18 years of age. There are five pricing levels, with the higher-priced levels having larger prizes. The price-to-prize structure

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492-598: Is designed to be a broad-based system with few exemptions, such as for rents collected on residential rental properties, donations, precious metals and financial services. Because it is broad-based, it collects 31.4% of total taxation, GDP . The rate for GST, effective since 1 October 2010 as implemented by the National Party, is 15%. This 15% tax is applied to the final price of the product or service being purchased and goods and services are advertised as GST inclusive. Reduced rate GST (9%) applies to hotel accommodation on

533-512: Is same across all games. From 2015 to 2017, Instant Kiwi introduced a 2nd Chance draw where players could win $ 1,000 cash with non-winning Instant Kiwi tickets. Instant Kiwi Online was introduced on MyLotto.co.nz on Monday 4 December 2017 as Instant Play. All games cost from $ 0.50 to $ 5.00 with top prizes ranging from $ 4,000 to $ 100,000. Players can either try or purchase a game for Instant Kiwi Online. In May 2019, Instant Play changed its name to Instant Kiwi Online to easily distinguish it between

574-466: Is to get as close as possible to the Bullseye number. Tickets are $ 2 each number for one day, and $ 10 for one number for seven days. If one matches the Bullseye number exactly, they win first division and the top prize of a minimum $ 100,000. The first division jackpot has a maximum threshold of $ 400,000. If this threshold is reached, the next game will be a "must be won" draw; if no one wins the first division,

615-551: The New Zealand Lottery Grants Board to distribute as funding for recreation, arts, community projects and sports. Since its creation, Lotto NZ has contributed more than $ 5.9 billion to the Lottery Grants Board. The New Zealand Film Commission , Creative New Zealand , and Sport New Zealand are major recipients of lottery funding. The New Zealand Cabinet approved the creation of Lotto in February 1986,

656-536: The taxation of digital goods . The general taxation of digital goods and services has become more common internationally since the OECD released its long-awaited BEPS report in October 2015. Action 1 of the report deals with the taxation of the digital economy . The report provided guidelines and recommendations for such taxes be they in the form of value-added tax , GST, equalisation levy, or withholding tax . New Zealand

697-507: The 'Netflix Tax' ) is applied to all supplies from offshore digital service suppliers to New Zealand-based consumers. It is the supplier's responsibility to apply, collect and remit the new GST to New Zealand's Inland Revenue Department . That new piece of GST legislation mirrors similar rules governing the supply of digital services introduced in the European Union (EU) in January 2015 on

738-460: The Cross round, they were given two squares as a head-start towards Cross. After Cross was earned, random squares were given with every correct answer until either a viewer or a contestant got Bingo. There were two possible outcomes as to the end: The contestant with the most money then went to a memory board, where he or she had to reveal two matching squares to get a certain prize, and then he or she had

779-598: The Crown's interests in the Crown entities within their portfolio (sections 27 and 88). The board of the entity has the key role in ensuring the entity is achieving results within budget. This is done by a monitoring department on behalf of the minister unless other arrangements for monitoring are made. Monitoring departments make explicit agreements with their minister, setting out what monitoring they will undertake and how they will do it. Crown entity boards should also facilitate clear and transparent monitoring, for example, by providing

820-548: The IRD for the GST so collected. Persons or entities with annual revenue less than $ 60,000 do not have to register for GST. This threshold has increased three times since the introduction of GST in 1986. On 1 October 2016, the taxation of digital ('remote') services supplied by offshore companies (non-New Zealand) to consumers based in New Zealand changed. Since that date, a GST of 15% (dubbed

861-409: The difference between GST-liable sales and GST-liable supplies (i.e., they pay GST on the difference between what they sell and what they buy: income less expenditure). This is accomplished by reconciling GST received (through sales) and GST paid (through purchases) at regular periods (typically every two months, with some qualifying companies opting for one-month or six-month periods), then either paying

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902-466: The difference to the Inland Revenue (IRD) if the GST collected on sales is higher or receiving a refund from IRD if the GST paid on purchases is higher. Businesses exporting goods and services from New Zealand are entitled to "zero-rate" their products: effectively, they charge GST at 0%. This permits the business to claim back the input GST, but the eventual, non-New Zealand based consumer does not pay

943-463: The draw will air on TVNZ 2. The televised draw is currently hosted by Sonia Gray and Jordan Vandermade. The Lotto Rules 2000 codifies the rules for Lotto and its related games. In the main game of Lotto, six balls and one bonus ball are drawn from a Smartplay Halogen II machine containing 40 balls numbered 1 to 40. To win First Division (the top prize), one has to simply mark off all six numbers on

984-428: The jackpot will go to the winners in the next highest division. Lesser prizes are won if one's number is up to 50,000 either side of the Bullseye, with prizes increasing in value as one's number gets closer to the Bullseye number. For the purposes of winning, the numbers are viewed as circular, with 999999 followed by 000000 (e.g. if the winning number was 975555, the winning range would be 925555 to 025555). Instant Kiwi

1025-408: The main draw. Since April 2017 Powerball First Division can jackpot to a maximum of $ 50 million. Once the limit is met or passed, a "Must Be Won" draw must be held in which, if First Division is not won, the First Division jackpot must be split amongst the winners of the next highest division for which there are winners. When introduced, the Powerball number was originally drawn from eight numbers, and

1066-415: The millionaire was selected from Division Two. Introduced 3 April 1993. A Lotto player may, at a cost of $ 1, add to their ticket four Lotto Strike numbers. The objective is to match these numbers, in exact order, with the first four numbers of the Lotto draw. The current minimum jackpot for the "Strike 4" prize is $ 200,000, and increases by that amount until won, or until the jackpot reaches $ 1,500,000 or

1107-477: The minimum prize was $ 1 million. The maximum jackpot, which initially was $ 15 million, was gradually raised to $ 30 million. In October 2007, Powerball was changed to ten numbers and the minimum prize was changed to $ 3 million. On 3 October 2010, the price per line was raised from $ 0.50 to $ 0.60, to cover the cost of the rise in GST from 12.5% to 15%, and to increase the minimum prize to $ 4 million. In October 2015, Division 7

1148-468: The minister and monitoring department with good information on which to make judgements about performance. This table is based on one from the State Services Commission . Abbreviations used : Goods and Services Tax (New Zealand) Goods and Services Tax ( GST ) is a value-added tax or consumption tax for goods and services consumed in New Zealand . GST in New Zealand

1189-504: The necessary legislation passing through Parliament in April that year with a 47–20 vote. The New Zealand Lotteries Commission was established in June 1987 and the existing Golden Kiwi lottery came under its authority. Since 2013 the commission has been trading as Lotto New Zealand . The first Lotto draw, with a top prize of $ 359,808, was held on 1 August 1987. The range of games has expanded, with

1230-483: The numbers on-screen with numbers on a mini bingo board. These could be purchased at $ 2 each for a minimum of two tickets. There were three divisions: If there were no winners in a division, the respective prize pool was carried over to the next division. Three contestants appeared on the show. They started with $ 125 and a corner square, they earned $ 25 and another corner square for every question right and lost $ 25 (but not their corner square) for every question wrong. At

1271-534: The numbers to be redrawn off-air under auditor scrutiny. These include: In the event the draw machines cannot be used, the Lotto draw can be conducted using a backup random number generator at Lotto NZ's headquarters. This has occurred on two occasions: the first was in October 2019 when the New Zealand International Convention Centre fire forced the TVNZ studios to be evacuated, and the second

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1312-526: The online games and scratchcards. TeleBingo ran from 24 July 1996 until 27 June 2001. There were two components, a lottery and a game show. The original timeslot was on TVNZ 1 at 8pm on a Wednesday, but later in its run, it was moved to the later timeslot of 9.30pm. In late 1999, TeleBingo was also repeated at around 3.30pm and, later, 4pm the next day. The hosts were Simon Barnett , who was later replaced by Grant Walker, and Ingrid Mole. Between 34 and 75 numbers were drawn from 75. Viewers at home had to match

1353-535: The option of taking away the prizes or risking them for more the next week. Risk ran from 25 July 2001 until 13 February 2002. Draw numbers started from where TeleBingo numbers left off. The show was on TVNZ 1 in a more consistent time slot, at 7.30pm on a Wednesday. The show was hosted by Jon Bridges. Twenty-five numbers from 1 to 90 were drawn. The objective was to match one of the following: All panels except Game 'R' had one or more $ signs which could be marked off immediately. A number could appear on two panels on

1394-461: The same line. Players can buy Lotto tickets by selecting their own numbers using a coupon, or they can have the machine randomly generate their numbers by purchasing a Lotto Dip. Tickets cost $ 0.70 per line, with a minimum of four lines if playing with a coupon. The least expensive Lotto Dip is the Basic Lucky Dip, which costs $ 5.60 for eight lines. In 1998, there were several Extra Draws during

1435-478: The studio in Wellington and, later, Auckland where they appeared on the show and spun the eponymous wheel to determine their prize. The two-metre diameter wheel had 30 segments, each segment carrying either a cash prize ranging from $ 100,000 to $ 1 million, or non-cash prizes such as cars, shopping sprees and a $ 500,000 house and land package. If someone did not wish to appear on the Winning Wheel, they might nominate

1476-418: The tax (businesses that produce GST-exempt supplies are not able to claim back input GST). Because businesses claim back their input GST, the GST inclusive price is usually irrelevant for business purchasing decisions, other than in relation to cash flow issues. Consequently, wholesalers often state prices exclusive of GST, but must collect the full, GST-inclusive price when they make the sale and account to

1517-409: The tenth draw without a winner. Introduced February 2001. A line may be "enhanced" by the purchase of a Powerball number. If Powerball is played, a minimum of four Powerball numbers must be purchased per ticket, at the cost of $ 0.80 per line. The Powerball number is a number between 1 and 10, drawn from a separate machine from the main Lotto draw. If the winning Powerball number is on the same line as

1558-476: The year. They worked as follows: Between November 2002 and August 2004, a millionaire was drawn every week from all the Division One winners. Sometimes, more than one millionaire was drawn. The rest of the Division One prizes were done as follows: However, if there was only one Division One winner to begin with, they automatically won the million, and if nobody matched all six numbers, which only happened once,

1599-513: Was during the COVID-19 pandemic Level 4 lockdown in March–April 2020. Introduced August 2004. Every Lotto ticket had a 16-digit Winning Wheel number (e.g. 123-45678901-20XX) which was the same as the ticket's serial number, except that the two digit checksum was replaced with XX for security reasons. Every draw, a serial number was drawn at random. The winner was awarded an all expenses paid trip to

1640-534: Was increased, again an action initiated by the Labour Party with Deputy Prime Minister, Helen Clark and Prime Minister, Geoffrey Palmer taking GST to 12.5%. 21 years on in 2010, GST was raised again by the National Party's Prime Minister, John Key, taking GST to 15%. GST was introduced in conjunction with compensating changes to personal income tax rates and removal of many excise taxes on imported goods. GST-registered organisations and individuals pay GST only on

1681-520: Was introduced and the maximum jackpot increased from $ 30 million to $ 40 million. In April 2017, the price per line changed from $ 0.60 to $ 0.80. Starting from the 30 May 2018 draw, Lotto, Strike and Powerball are drawn using Smartplay Halogen II machines. Until the 26 May 2018 draw, a Ryo Catteau Stresa draw machine was used for Lotto and Strike, while Powerball was drawn from with one of two Ryo Catteau Mimosa machines. The machines have been known to fail to draw numbers on-air on several occasions, requiring

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