Lottery that's without a winner? (4)

I believe the answer is:

draw

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'lottery' is the definition.
(as in a prize draw)

I don't understand the rest of the clue.

(Other definitions for draw that I've seen before include "Snag" , "Make lines on a surface" , "Take a gun from its holster" , "Depict - raffle" , "No-winner result" .)

I've seen this clue in The Times.

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