(PRODUCT · LOTTERY & GAMING)

Lottery & Jackpot Insurance

EMIRAT is the world's leading risk-management specialist for insuring lottery jackpots. Founded in Munich in 2004 and active as a dedicated jackpot risk manager since 2011, we have covered more than EUR 100 billion in jackpot volume. We structure the financial risk of the prize payout and place it with A-rated risk carriers: state lottery blocks, online and mobile lotteries, social lotteries as well as private gaming and iGaming operators. From guaranteed minimum jackpots and super draws to progressive jackpots — when a player hits, the pot is covered.

Founded
2004 in Munich
Jackpot risk management since
2011
Jackpot volume covered
over EUR 100 bn
Lotteries covered worldwide
30+
Service
24/7, multilingual
Reinsurance
A-rated reinsurers
Your benefit

You advertise a guaranteed jackpot — we carry the payout risk if the stakes don't cover it.

  • 01An incalculable jackpot risk becomes a fixed, plannable and bookable insurance premium.
  • 02The media power of a guaranteed minimum jackpot without any impact on your balance sheet or liquidity.
  • 03Actuarially documented — ready for the lottery regulator, auditors and your board.
How the cover works

From briefing to payout

01 — Briefing

You define which state lotteries you want to offer, which jackpots you want to cover and which markets you target. EMIRAT reviews game rules, draw mode and winning probabilities.

02 — Premium calculation

For every draw the premium is calculated actuarially — based on ticket volume, hit probability, jackpot size and expected value. You receive a transparent statement per draw.

03 — Prepaid account

Prize coverage runs on a prepaid system: you pay an agreed deposit and future premiums are drawn from it flexibly. EMIRAT proactively notifies you before the balance runs out.

04 — Ticket transmission

You send us your tickets in good time before the official draw via a secured interface. Cover for that draw is then active.

05 — Payout when a prize is won

If a prize is won, EMIRAT pays the full amount immediately after the necessary verification — with no impact on the lottery operator's liquidity.

06 — Reporting

After each draw you receive full reporting: tickets, hits, premium, balance. Actuarial and reinsurance documentation on request for regulators, audit and board.

In 4 steps

Lottery insurance - simply explained

01 — Choose lotteries

Tell us which lotteries you want to offer your customers. EMIRAT currently covers over 30 lotteries worldwide. Your lottery isn't listed? Name it — we will insure it too.

02 — Define the jackpot

Mirror the official state jackpot amounts or define your own prize sums independently of the official lottery. Optional: double win for the first hit or a guaranteed single win without sharing.

03 — Submit tickets

Send all tickets to be covered to EMIRAT before the official draw. Format and data transfer are flexible — handled securely and confidentially.

04 — Premium & payout

After each draw the premium is calculated from ticket volume, odds and prize sums. If a prize is won we pay out immediately after verification — directly to you or to the end winner.

Flexible cover

Options that fit your strategy.

As one of the leading jackpot risk managers, EMIRAT offers full flexibility in cover and terms - tailored to your market, your mechanic and your audience.

Mirror mode

Mirror the official jackpot amount of the state lottery 1:1 — including all prize tiers and special draws.

Custom jackpot amounts

Define individual prize sums independently of the official lottery — higher or lower premiums depending on your marketing goal.

Double-winning option

Double the prize amount for the first hit — a strong marketing argument at campaign launch.

No-share guarantee

Guarantee every winner the full jackpot, without sharing with other winners in the same tier.

Second-chance mechanics

Additional draws among non-winners — higher engagement rates and longer dwell time on your platform.

Own game development

We co-develop new game mechanics — probability model, mechanic, market positioning — tailored precisely to your audience.

Why EMIRAT

Advantages at a glance

  • 01Decades of experience and know-how with lotteries worldwide.
  • 02Individually structured cover for your product portfolio.
  • 03Neutrality and discretion — EMIRAT is not a competitor to lottery operators.
  • 0424/7 multilingual service, support and availability.
  • 05Fast and flexible response to market requirements.
  • 06Guaranteed full cost transparency at all times.
  • 07Direct, unbureaucratic claims handling when a prize is won.
  • 08Flexible data transfer via secured interfaces.
  • 09Own secured server and database.

There is no better advertising for your business than a successful winner — and with our jackpot cover you have the certainty that every hit is reliably paid out.

- EMIRAT — Lottery Insurance
01

Minimum jackpot guarantee

Lotteries advertise guaranteed minimum jackpots to increase reach and participation. EMIRAT covers the gap between the pot actually played for and the guaranteed payout — the operator pays a fixed premium instead of carrying an incalculable residual risk.

02

Super draws & special draws

New Year's Eve millions, spring jackpot, anniversary draw — special draws with a fixed distributed amount are fully insured. EMIRAT calculates on the basis of game mechanics, ticket volume and hit probabilities.

03

Progressive jackpots & iGaming

Online casinos, sports betting operators and gaming portals use progressive jackpots as a core marketing instrument. EMIRAT structures stop-loss covers, catastrophe layers and reseed guarantees — including cross-border with licensed reinsurers.

04

Social lotteries & charity

TV lotteries, social lotteries and charity raffles with high-value main prizes (houses, annuities, dream trips) are covered against multiple winners and worst-case scenarios — including an expert review of the game rules.

05

Actuarial work & compliance

Every policy is based on a mathematical, actuarial calculation of hit probabilities and expected values. EMIRAT works with A-rated reinsurers and delivers the documentation required by regulators, lottery supervision and auditors.

06

Developing new lottery games

EMIRAT does not stop at pure risk transfer: together with established state lotteries, new online lotteries and mobile lottery operators we develop new, exciting lottery games — including game mechanics, probability model and market positioning.

07

Three principles of success

Experience shows three principles decide whether players engage: 1. Participation must not be too complex. 2. The game system must be clear and instantly understandable — especially for a young audience. 3. The incentive must be high enough — a billion-euro jackpot works very differently from a pot of a few thousand.

08

Media visibility

For over two decades EMIRAT has been present as a specialist for jackpot and promotion insurance in trade media such as Werben & Verkaufen, Horizont, Versicherungswirtschaft and the daily press — a reliable partner between marketing, gaming operations and risk transfer.

Lotteries covered (excerpt)

Over 30 lotteries worldwide

LotteryCountry / regionSystemDraw daysStarting jackpot
Euro MillionsEurope5/50 + 2/12Tue & FriEUR 17 m
EurojackpotEurope5/50 + 2/10FriEUR 10 m
Mega MillionsUSA5/70 + 1/25Tue & FriUSD 40 m
PowerballUSA5/69 + 1/26Wed & SatUSD 40 m
LOTTO 6aus49Germany6/49 + bonus numberWed & SatEUR 1 m
GlücksSpiraleGermany7-digitSatEUR 2.1 m (annuity)
La PrimitivaSpain6/49 + ReintegroThu & Satapprox. EUR 3 m
SuperEnalottoItaly6/90Tue / Thu / SatEUR 10 m
UK National LotteryUnited Kingdom6/59Wed & SatGBP 2 m
France LotoFrance5/49 + 1/10Mon / Wed / SatEUR 2 m
Powerball AustraliaAustralia6/40 + 1/20ThuAUD 3 m
Oz LottoAustralia7/45TueAUD 2 m
MegaSenaBrazil6/60Wed & Satapprox. EUR 700 k
Canadian Lotto 6/49Canada6/49Wed & SatCAD 5 m
Polish LottoPoland6/49Tue / Thu / Satapprox. EUR 450 k

Excerpt from the coverage portfolio. Further lotteries, social lotteries, class lotteries and iGaming mechanics on request.

Frequently asked questions

Answers at a glance

Which lotteries can be insured?+
EMIRAT currently covers over 30 lotteries worldwide — from EuroMillions, Eurojackpot, Powerball and Mega Millions to LOTTO 6aus49, La Primitiva and national lotteries in Australia, Brazil, Canada and Poland. If your lottery is not yet in the portfolio we review it individually — as a rule it can be covered as well.
How is the premium calculated?+
The premium is calculated actuarially for each draw — based on the number of tickets submitted, the mathematical hit probabilities, the size of the insured jackpot and the selected prize tiers. You receive a transparent statement after every draw.
What happens when a prize is won?+
You report the win to us with the required documentation. Once verification is complete we pay out the prize immediately — either directly to you or, if preferred, directly to the end winner. Your liquidity remains untouched.
How secure is EMIRAT as a risk carrier?+
EMIRAT works with internationally leading, A-rated reinsurers. Every insured risk is fully retroceded — clean on the balance sheet and audit-proof for regulators, auditors and your board.
How is ticket data transferred?+
Data transfer is flexible: secured API, SFTP or encrypted file transfer. EMIRAT operates its own secured servers and databases — your ticket data is treated confidentially and used exclusively for risk calculation.
Are progressive jackpots or iGaming pots covered too?+
Yes. EMIRAT structures stop-loss covers, catastrophe layers and reseed guarantees for online casinos, sports betting operators, gaming portals and progressive slot jackpots — including cross-border with licensed reinsurers.