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We consider the problem of lossless compression of video by taking into account temporal information. Video lossless compression is an interesting possibility in the line of production and contribution. We propose a compression technique which is based on motion compensation, optimal three-dimensional (3-D) linear prediction and context based Golomb-Rice (1966, 1979) entropy coding. The proposed technique is compared with 3-D extensions of the JPEG-LS standard for still image compression. A compression gain of about 0.8 bit/pel with respect to static JPEG-LS, applied on a frame-by-frame basis, is achievable at a reasonable computational complexity.