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Commission

The fee paid to retail outlets for selling lottery tickets. Commissions in North America typically range between 5 percent and 6 percent of the price of the ticket.

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Gambling
  • Category: Lottery
  • Company:
  • Product:
  • Acronym-Abbreviation:
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