Cashpot Review

Cashpot is one of the games offered by the National Lotteries Control Board (NLCB) in Trinidad and Tobago. It is a daily lottery game with draws held from 6.30 p.m. Mondays to Saturdays. The NLCB is a statutory authority established under section 3.2 of the Statutory Authorities Act. It is the authority charged with the promotion and conduct of national lotteries in Trinidad and Tobago.

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The Board consists of a chairman and other board members who do not exceed 4 in number. Among the many powers and duties of the NLCB are to issue tickets for lotteries under its umbrella including the Trinidad and Tobago Cashpot. It also fixes the price as well as the number of tickets to be issued for a particular lottery. The number and value of Cashpot prizes are also apportioned by this same authority. The board receives special and general direction on how to operate from the minister.

How to Play Trinidad and Tobago Cashpot

In order for you to participate in the Cashpot drawing, you must obtain a ticket from authorized dealers in Trinidad and Tobago. To do this, you have to visit an authorized agent under NLCB. Once you are there, you will be given a play slip which you fill out and then return to the agent together with the cash so that you can be issued a ticket.

The Cashpot play slip has 5 panels ranging from A to E. each panel has numbers ranging from 1 to 20 and you have the liberty to play any number of panels you wish. Out of the 20 numbers in each panel, you are required to select 5 of them. When crossing out the preferred numbers, you should use a pencil or pen, but not one with red ink.

In the event you make a mistake while crossing the numbers, you should mark the void box at the bottom of the affected panel, but do not erase the numbers.

Manual Picking versus Quick Pick

There are two ways to pick your numbers, you can manually pick them based on your preferences or use the Quick Pick system where the computer terminal does the selection of numbers for you. On one play slip, you can do a mix of both Quick Pick and manual picking on different panels, but you can do that on the same panel.

Advance Draws

The system also allows you to play advanced draws from 2, 3, 4, 5, or 10. To do this, you should mark the appropriate box on the left section of your play slip under the part of the draw. For each of the advance draws, you will play the same numbers because the system doesn’t have the option of selecting unique numbers for each draw.

Multiple Combinations

Trinidad and Tobago Cashpot is one of the few games that allows you to play multiple combinations. On the left side of the play slip, there is the system column that has 6, 7, 8, and 9 combinations and a check box to the right of each combination. If you want to play system 6, simply check the box next to the number 6 and do the same for systems 7, 8, and 9.

When you choose a sixth number on a play panel, it will generate 6 separate wagers with each costing $4 thereby costing $24.  It also adds a multiplier of $1 per wager, giving a total of $6 for the multiple. The amount you are to give the agent for your ticket will be $30.

When you choose a 7th number in one panel, it will generate 21 wagers at $4 each giving you $84. The multiplier will be $1 for each wager for a total of $21. The amount you are to give the agent is $105.

Choosing an 8th number will generate 56 wagers costing you $224 and a multiplier of $56 giving you a total of $280.

The last combination is the choice of a 9th number which gives you 126 separate wagers for a cost of $504 which, if added to the multiplier of $126, will cost you $630.

The ticket you receive from the outlet will contain the following:

  • The date and the number of the draw lottery
  • The serial number and the ticket price
  • The number, as well as the value of the prizes, apportioned
  • The name of the chosen game

It is your responsibility as the player to check the accuracy of your ticket before leaving the premises. Failure to do so will not lead to anyone being liable except you.

The Odds of Winning Cashpot

Before the draw starts, the NLCB members present shall elect one amongst them to preside at the draw. In the event only one is present, he shall be the one to preside. If no member is present at any particular draw, the director of NLCB shall preside or in his absence the deputy director or the secretary.

The person presiding at the Trinidad and Tobago Cashpot draw shall declare the numbers of the winning tickets drawn and the drawing machine approved by the board for the activity. Members of the public shall be admitted into the premises where the draw is held for transparency purposes.

The winning tickets will be published in the Gazette and at least one daily newspaper.

If you match all the 5 winning numbers, you win the jackpot and the odds for this are 1: 15,504.

Matching 4 out of the 5 winning numbers wins the second category of prizes and the odds are 1:206.72.

The last prize category goes to the players who match 3 out of the 5 winning numbers. The odds for this are 1:14.77.

The prizes apportioned are usually 60% of the ticket sales.

Cashpot Prize Breakdown

The winning tickets have to be validated by an online agent and thereafter the prize can be claimed. The claiming process should take place before 180 days have expired from the drawing date. The agent can only pay prizes up to $12,000 which means any prizes above this, can be claimed at the NLCB headquarters.

When collecting your prize, you should provide valid proof of your Cashpot ticket. The Ticket must be signed on the back for authentication purposes. The NLCB doesn’t bear responsibility for stolen or lost tickets which means you have to be careful with your tickets.

Transactions, tickets, and winners are all subject to the rules, procedures, and regulations of NLCB. Any mutilated, previously paid, misprinted, or illegible tickets will not be paid. To take part in Trinidad and Tobago Cashpot, you have to be 18 years of age and above.

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