7 letters · 10 points in Scrabble
noun something that is regarded as a chance event
noun players buy (or are given) chances and prizes are distributed by casting lots
originBorrowed from Italian lotteria, from the same root as Old English hlot (cognate with English lot). Compare French loterie (from Middle Dutch loterie). By surface analysis, lot + -ery.
Etymology from Wiktionary, CC BY-SA 3.0