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Since breakout technologies like crypto, NFTs, and blockchain began to touch the popular conscience, fintech has been a hot topic. The rise of mobile payments and digital currencies is set to have a growing influence on activities such as grocery shopping, booking holidays, and playing the lottery. This article examines how fintech innovations changed New Zealand’s lottery payment ecosystem. How will fintech grow in New Zealand in 2024? Context is key when understanding the changes an industry is experiencing. The 2023 TIN survey revealed the scale of fintech in New Zealand, showing it as the fastest-growing tech sector, surpassing health tech with $2.6 billion in revenue. This growth has been consistent over the past decade, something we can see from the detailed analysis outlined in the NZ fintech report from 2024. Here, we will focus on fintech innovations’ impact on the lottery payment system. While some argue that fintech should focus on emerging tech like crypto, it encompasses a broader range of advances. To understand this, we need to explore how the banking system now interacts with the traditional pay-to-play lottery in New Zealand. How is fintech reshaping the interface between the lottery and the banking system? Twenty years ago, lottery players would walk into their local store or supermarket, select their lucky numbers, and pay cash for their tickets. A decade ago, most players used cards for these purchases, eliminating the need to carry exact change or deal with physical currency. This shift is a prime example of fintech in action. But where are we headed next? A deep analysis of fintech’s impact on the wider banking sector reveals four key drivers that will significantly influence the lottery’s payment system: Greater efficiency when it comes to payment processing times, thanks to a fully digital, platform-agnostic system that connects with all banking and finance houses. This allows the lottery to scale with no increase in processing times and no local restrictions on coverage. Increased access flows that bring a more inclusive and accessible lottery. This is evident from the lottery’s widespread advertising that anyone in New Zealand can participate and potentially win big. Higher security levels due to the multiple authentication and verification factors working in the payment ecosystem backend. This is good news for those concerned about the digitisation of an online lottery leading to blackouts, hacks or fraud. In fact, the ecosystem is now built on a level of security that far outstrips that of the traditional cash lottery we all took for granted around 20 years ago. Interoperability and merchant choice are two intertwined factors that naturally get grouped together. By offering a platform-agnostic approach that allows players to play with greater freedom when it comes to how they fund their tickets, the fintech advances employed here serve to help fuel increased jackpot sizes. There is also an added benefit: payouts to lucky winners are now much more fluid, streamlined and low-stress for the players themselves. A recent Reserve Bank of New Zealand study supports this analysis and shows that change is accelerating. The key point to note here is that it is happening in a way that allows regulation to keep pace. Some aspects of fintech – the more deregulated sectors – have gained something of a bad name due to issues with FTX and Binance. They may have made headlines around the world, but they’re a long way disconnected from the fintech advances that are improving the lottery payment system in New Zealand. Anyone looking to play the New Zealand lottery may have already spotted a shift that aligns with all of the above, particularly one that lends itself to a more democratically playable lottery. Greater access to secure online payment capabilities means that playing online is now easier than ever and is without any of the security concerns that often come with a rapid expansion and rollout to new playing methods. The trusted platform Betkiwi.co.nz has a wide selection of payment methods available to choose from and clearly categorises these so users can access what they need when they need to. From casinos to the lottery, the evolvement of these payment methods has made making payments online more efficient and secure. We believe the lottery has become truly democratic by accepting the widest range of payment functionalities. What does financial democratisation mean for the lottery payment ecosystem? We spoke with Dominic Greenholt, a New Zealand payment method expert with more than 10 years of experience in the gambling industry, who provided further insight: “The trend towards multiple authentication and verification factors is something that has underwritten the risk of rapidly expanding the methods of payment. Whether the payments come from a traditional brick-and-mortar bank, a digital wallet, or via some form of distribution of capital from a peer-to-peer lending account, the security provisions in the backend continue to hold firm. “Building an ecosystem is the natural next step from accepting a closed circle of particular online payments. While the latter can help expand the audience and get more people playing, it just isn’t scalable in the way that a fully evolved ecosystem is. Every new payment provider and source of online funding would have to be manually onboarded and security provisions made. The problem with this – other than the time constraints – is that security loopholes and grey areas inevitably emerge. “A fully-fledged ecosystem, however, uses the scalability of digital verification and authentication to push lenders into a platform-agnostic direction: they all learn to interface with the Lottery’s payment systems in the same way. It’s this step change that broadens the audience while simultaneously tightening security.” By removing barriers to entry while at the same time raising security standards, recent fintech advances have made playing online much more appealing. Not only is it easier to buy a ticket for a jackpot that now has the potential to be substantially bigger, but fintech allows an instant feedback loop: Winning tickets can be instantly highlighted, and payment can be made back into the account from which the original ticket was purchased. Full player ID checks are carried out during the funding of the ticket, meaning that payouts are now a much smoother, quicker process for all involved. Players have the peace of mind that comes from knowing they can check the status of their tickets at any time, without ever having to worry about losing a physical ticket. This is a classic example of how multiple advances in a given industry can completely change how another operates. Will playing the online lottery become increasingly common? All signs indicate that the increased integration between fintech innovations and mobile devices will fuel even greater player numbers. Even at a time in which many are tightening their household budgets, the ease of use that arises from having the means to play from anywhere in the palm of your hand is significant. Fintech, which effectively powers the ecosystem and makes this possible, is the unsung hero in many ways and one that will continue to advance at scale. Of particular note is the potential for wider interconnections with other funding and spending options, all of which are available from the smartphones we have by our side throughout the day. Final thoughts The future of New Zealand’s lottery payment ecosystem is bright, but it’s also built on a solid foundation of multi-factor authentication and verification. This means that there is certainly no bubble or bull rush in process here – the basics have been put in place so that everyone can benefit as a consequence. It’s also good news for the many charitable causes and community projects that are funded by ticket purchases. For many years, New Zealanders have been able to wager they will strike it lucky, while at the same time guaranteeing that they will be able to give back to the places close to their heart, where they live their lives. Fintech advancements could lead to gaming operators rolling out other forms of integrated giving in the form of options that allow players to round up their stakes and give the extra to a good cause selected from a set list.

Instant Kiwi

Welcome to the world of Instant Kiwi Online games! If you’re eager to discover the excitement of instant win games and the chance to win fantastic prizes, you’ve come to the right place. In this article, we’ll answer your frequently asked questions about Instant Kiwi Online, providing you with all the information you need to have an enjoyable gaming experience. Let’s dive in!

For even more info, check out lottoresults.nz/.

Playing the Games

What are Instant Kiwi Online games?

Instant Kiwi Online games are thrilling instant win games that offer players the opportunity to win fantastic prizes. You can play these games conveniently on MyLotto or the MyLotto App, bringing the excitement right to your fingertips.

Who can play Instant Kiwi Online games?

To participate in Instant Kiwi Online games, you must be a fully registered MyLotto player and confirm that you are 18 years of age or older. Instant Kiwi prioritises responsible gaming and adheres to legal requirements, ensuring a safe and enjoyable experience for all players. To confirm your age, simply complete a one-time age verification process on MyLotto or the MyLotto App.

When can I play Instant Kiwi Online games on MyLotto?

You can indulge in the excitement of Instant Kiwi Online games every day between 6:30am and 10:10pm.

Can I try an Instant Kiwi Online game before purchasing it?

Absolutely! Instant Kiwi Online games provide a ‘Try Now’ option. When you select ‘Try,’ you can enjoy a demo version of the game without deducting any money from your account. Please note that while playing the demo, any prizes you uncover will not be awarded to you.

Can I cancel my Instant Kiwi Online purchase?

Once you’ve made a purchase, the outcome of the game is determined. Therefore, all sales are final. Instant Kiwi urges players to review their selection carefully before confirming their purchase to ensure accuracy. Instant Kiwi does not provide refunds for purchases made in error.

Instant Kiwi Online and In-Store Games

Are Instant Kiwi Online games the same as in-store scratchies?

No, they are not the same. While some Instant Kiwi games may have similar names and appearances across Instant Kiwi Online and In-store platforms, they are separate games played and claimed independently. It’s essential to understand that they also have distinct prize pools, offering unique opportunities to win.

Can I redeem Instant Kiwi Online games in a Lotto store (and vice versa)?

No, you cannot. Prizes won through Instant Kiwi Online games (under $1,000) are automatically credited to your MyLotto account. You can easily withdraw your winnings by selecting ‘Settings > Withdraw funds.’ On the other hand, Instant Kiwi In-store prizes can only be redeemed at a Lotto store. Remember to visit a Lotto store if you win a prize from an Instant Kiwi In-store game.

Are all Instant Kiwi games restricted to players aged 18 and over?

Yes, they are. To comply with the Gambling Act and the Digital Instant Game Rules, all Instant Kiwi In-store and Online games are restricted to players who are 18 years of age or older.

lottery tickets and dollars

Instant Lotto Game

Is the “Instant Lotto” Instant Kiwi Online game the same as the Wednesday and Saturday Lotto Powerball draw?

No, they are not the same. Although the games may share a similar name and appearance, they are separate games with distinct rules and prizes. The “Instant Lotto” Instant Kiwi Online game offers its own unique prize pool and top prize, and you can play it any day of the week. To find out more about the prize pool and odds for the “Instant Lotto” game, simply open the game from the Instant Kiwi lobby.

How do I win in the Instant Lotto game?

The objective of the Instant Lotto game is to match your selected numbers with the winning numbers and win instantly! You’ll need to choose six numbers of your own or use the Auto Pick feature. Once you’ve made your selection, click ‘Draw’ on the Lotto machine to initiate the number drawing process. Match your chosen numbers with the Winning Numbers to claim the corresponding prize indicated in the prize table. Good luck!

How much can I win in the Instant Lotto game?

The “Instant Lotto” Instant Kiwi Online game offers top prizes of $20,000, which are always available at the time of purchase, regardless of how many times they’ve been won. Additionally, there are numerous other cash prizes waiting to be won.

How is “Instant Lotto” different from the original Lotto game?

If you’re seeking the opportunity to win big prizes, the original Lotto game is your best bet. With a top prize of $1 million, Lotto offers thrilling draws every week. You can play Lotto twice a week either in-store or on MyLotto.

The live draws take place every Wednesday and Saturday on TVNZ1, with the exception of major sporting event coverage on TVNZ1 from July 24 to August 7, during which the live Lotto draw will be aired on TVNZ2. Don’t worry if you miss the live draws; you can always catch them on TVNZ OnDemand shortly after.

To play Lotto, you’ll need to select six numbers from 1 to 40 to form a line on your ticket. You can either pick your own numbers or choose a Dip, where random numbers are generated for you. Each live Lotto draw consists of six winning Lotto numbers plus one bonus ball. With seven Lotto Prize Divisions, the top prize, Division 1, is won by matching all six winning Lotto numbers on a single line of your ticket.

Age Confirmation

Why is it necessary to be 18 years or older to play Instant Kiwi Online games?

According to the Gambling Act and the Digital Instant Game Rules, Instant Kiwi Online games can only be played by individuals who are 18 years of age or older. This age restriction is in place to ensure compliance with legal requirements and promote responsible gaming.

Why am I unable to play Instant Kiwi Online games if I don’t possess a valid NZ Passport or Driver Licence?

To play Instant Kiwi Online games, you must meet two requirements: be 18 years or older and complete a one-time age confirmation on MyLotto. Currently, the age confirmation tool only accepts valid New Zealand Passports and Driver Licences as forms of identification.

Winning a Prize

How can I determine if I have won a prize?

At the end of each Instant Kiwi Online game, the result of your ticket will be displayed. You can also check the outcome of completed tickets under ‘My Tickets > Completed Tickets > Instant Kiwi Online.’ Keep an eye on your wins and celebrate your success!

Does playing Instant Kiwi Online games involve skill?

No, Instant Kiwi Online games, like their in-store counterparts, is purely a game of chance. The outcome of each ticket is determined randomly by the system when you click ‘buy.’ The results are not influenced by any skill or judgment on the part of the player.

Are all Instant Kiwi Online prizes always available?

Absolutely! All prizes for Instant Kiwi Online games are available at the time of purchase, regardless of the number of times they’ve been won.

lottery tickets and dollars

How can I confirm that I am 18 years or older?

To automatically confirm your age via mylotto.co.nz for playing Instant Kiwi Online or participating in associated promotions, you can use the following forms of identification:

  • Valid New Zealand driver licence
  • Valid New Zealand passport

To complete your one-time age confirmation, follow these simple steps:

  1. Log in to your MyLotto account.
  2. Go to ‘Settings’ in your account.
  3. Enter your current New Zealand driver licence number or valid New Zealand passport details to confirm your age. If you have already completed the age confirmation process, your account will display ‘Aged 18 or over: Confirmed.’ If you encounter any difficulties during the confirmation process, please don’t hesitate to contact our Customer Support team at 0800 695 6886.
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