A prize draw where tickets are eliminated one by one until only a single ticket remains, belonging to the grand prize winner. Instead of drawing winning tickets, losers are drawn until only one ticket holder is left. For example, a fundraising event might sell 100 tickets. After an initial drawing, the selected ticket is eliminated, and this continues until only one ticket remains. That final ticket wins the major prize.
This particular type of lottery can create suspense and excitement as participants hope to avoid having their ticket drawn. Often, these events serve as successful fundraising tools for non-profit organizations or other groups. The increased anticipation, compared to a traditional draw, can lead to higher ticket sales and greater engagement. Historically, such events have provided an innovative way to generate revenue while offering a unique entertainment experience.