This is the 12292nd most frequent German word.
verlosung
"Verlosung" means "raffle" or "lottery" in English.
'Verlosung' here refers to a raffle, which is an event where prizes are drawn at random.
Die Verlosung findet am Samstag statt.
The raffle will take place on Saturday.
'Verlosung' again refers to a raffle, and here it is used in the context of identifying the event winner.
Hast du den Gewinner der Verlosung schon gesehen?
Have you already seen the winner of the raffle?
'Verlosung' is referred to as the event where prizes are distributed randomly.