Top Definition
A place where lots of Aussies go to enter competitions and win prizes. A meeting place for like-minded compers.
I found out about that competition at Lottos.
di Tiddalik 27 agosto 2009

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Lotto: also know as a handjob. When you play lotto you rub them out.
John: Hey did you cop any whops (head) from that biddy (female) last night??
Jimmy: Nahh broo she just played lotto.
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Nick: Whatd you do last night?
Paul: Nothing mannn just played some lotto then went to bed.
di Azballa7 05 settembre 2011

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A word mostly used in games such as counter-strike that means luck. Often screamed out loud when you are beaten.
Also said as Lo2
teh fucking n00b got so much LOTTO!
di MoerdarN 31 dicembre 2004

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Something that is Awesome, a showing of great Luck or Skill, the opposite of Bankrupt.
Those girls should join the cheer squad, they have tremendous spirit, and that back-flip was lotto!
di kainos990x 05 giugno 2011

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In online gaming, used to describe a lucky shot. Origin: getting a lotto shot is akin to winning a lottery, in terms of chances. Clearly it happens more than the lottery is won though
that was lotto, (after dying from a clearly lucky shot)
di Konstiin 30 dicembre 2010

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the new name for the national lottery. its winner recieves the 4000000 pound coins the other succers stupidly spent on losing numbers.
i have won the lotto.
the lotto is a scam.
im going to pose as a charity and claim lotto grants.
di William Gates 04 febbraio 2005

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An idiot's 401k.
Thelma put her money in a high risk, aggressive investment even though she knew that 85 year old Haitians in this country illegally usually won the lotto, she didn't know of any other fiduciary instrument that paid such a high rate of return.
di harry flashman 12 agosto 2003

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