Klassenlotterie#
Klassenlotterie: The Austrian class lottery was launched on January 3, 1913. Its organisation was entrusted to the "k. k. Lotto Gefaellsdirektion" (later "k. k. Generaldirektion der Staatslotterie"). Due to a total value of prizes of 22,268,000 crowns, the demand for tickets was great. After World War I the 1st lottery was called "Oesterreichische Klassenlotterie", from May 5, 1939 onwards "Deutsche Reichslotterie". In the 41st class lottery early in 1946 tickets were sold in three classes. In the 42nd round there were already five classes. In 1960 the organisation of the class lottery was consigned to the "Oesterreichische Gluecksspielmonopolverwaltung" ("Austrian Gambling Monopoly Administration"). Following an amendment to the law on gambling the Austrian °Lotterien Ges. m. b. H. took over this task on May 1, 1990.The total value of prizes in the lottery with more than 1 billion ATS (1999) is divided into six different classes. The winner receives 50 million ATS. Each class ticket, which can be sold in fractions down to one eighth of one ticket value, can be drawn several times.