ELI5: Explain Like I'm 5

Lotty

Okay kiddo, let's talk about Lotty! Have you ever played a game where you spin a wheel to see what prize you get, or watched a movie where a character wins a big lottery jackpot? Well, Lotty is kind of like that!

Lotty is a website where people can buy tickets to enter a big raffle. Imagine a huge jar filled with lots and lots of little pieces of paper, and each paper has a different number on it. When you buy a Lotty ticket, you get to pick a number from that jar.

Now, the exciting part! At a certain time and date, somebody will stick their hand in the jar and pull out one of those little pieces of paper. And whoever has the ticket with the matching number on it, wins! They get a big prize, like a bunch of money or some cool stuff.

So, buying a Lotty ticket is like buying a chance to win a prize. Even if you don't win, it can be fun to imagine what you would do if you did. Just remember kiddo, gambling can be risky, so make sure you only spend what you can afford and understand that not everyone can win.