So what you're describing would be more of a bonus point system... Preference point system is basically whoever has the most preference points will get that Particular tag for example X unit in colorado if you apply for that unit and you have 10 points and everyone else that applies for the same unit has between 5 -7 points,you are guaranteed that tag because you have the most points Out of everyone that's applying.More preference points do not give you more chances Where as I believe a bonus point system Gives you more raffle tickets so to speak.Hello. Since I now have a preference point for Colorado, I was just wondering how it helps me for next year's lottery. Does your name get entered into the lottery as many times as you have points (ex: 1 point = 2 chances, 2 pts = 3 chances, etc).?