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A lottery is a form of gambling which involves the drawing of lots for a prize. Some governments outlaw it, while others endorse it to the extent of organizing a national lottery. It is common to find some degree of regulation of lottery by governments.

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Blogs for Lottery

MO Lottery Blog

Your portal to Luckytown ... MO Lottery Blog. Welcome! Welcome to the Missouri Lottery Blog! ... Looking for in-depth stories of interest to Lottery players? ...www.molotteryblog.com/

National Lottery Blog | Make Money Playing the Lottery!

Make money playing the lottery, play to win! ... Powered by Twitter Tools. Ads. Copyright © National-Lottery-Blog.co.uk. Powered b y Wordpress. ...www.national-lottery-blog.co.uk/

ialottery blog

The facts behind the fun. ... The Latest Big Iowa Lottery Winner! When you work at the lottery, you just never know when the next big winner is ...www.ialotteryblog.com/

MO Lottery Blog: Lottery

Your portal to Luckytown ... that playing the Lottery is not a path ... Subscribe to this blog's feed. The Original. Missouri Lottery. State of Missouri ...www.molotteryblog.com/molotteryblog/lottery/

The Lottery Blog - Hints and Tips for Online Lottery

Weekly news and fun tips from the world of Online Lottery ... which had been purchased on your behalf from an official Lottery Retailer. ... About the Lottery Blog ...www.thelotteryblog.com/

Wikipedia About Lottery

A lottery is a form of gambling which involves the drawing of lots for a prize. Some governments outlaw it, while others endorse it to the extent of organizing a national lottery. It is common to find some degree of regulation of lottery by governments.

At the beginning of the 20th century, most forms of gambling, including lotteries and sweepstakes, were illegal in many countries, including the U.S.A. and most of Europe. This remained so until after World War II. In the 1960s casinos and lotteries began to appear throughout the world as a means to raise revenue in addition to taxes.

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Lotteries come in many formats. The prize can be a fixed amount of cash or goods. In this format there is risk to the organizer if insufficient tickets are sold. More commonly the prize fund will be a fixed percentage of the receipts. A popular form of this is the "50-50" draw where the organizers promise that the prize will be 50% of the revenue. Many recent lotteries allow purchasers to select the numbers on the lottery ticket resulting in the possibility of multiple winners.

The purchase of lottery tickets by large numbers of people is arguably economically irrational. However, in addition to the chance of winning, the ticket may enable some purchasers to experience a thrill and to indulge in a fantasy of becoming wealthy. If the entertainment value (or other non-monetary value) obtained by playing is high enough for a given individual, then the purchase of a lottery ticket could actually represent a gain in overall utility. In such a case, the monetary loss would be outweighed by the non-monetary gain, thus making the purchase a rational decision for that individual.

Early history

The first recorded signs of a lottery are Keno slips from the Chinese Han Dynasty between 205 and 187 B.C. These lotteries are believed to have helped to finance major government projects like the Great Wall of China. From the Chinese "The Book of Songs" (second millennium B.C.) comes a reference to a game of chance as "the drawing of wood", which in context appears to describe the drawing of lots. From the Celtic era, the Cornish words "teulet pren" translates into "to throw wood" and means "to draw lots". The Iliad of Homer refers to lots being placed into Agamemnon's helmet to determine who would fight Hector.

The first known European lotteries were held during the Roman Empire, mainly as an amusement at dinner parties. Each guest would receive a ticket, and prizes would often consist of fancy items such as dinnerware. Every ticket holder would be assured of winning something. This type of lottery, however, was no more than the distribution of gifts by wealthy noblemen during the Saturnalian revelries. The earliest records of a lottery offering tickets for sale is the lottery organized by Roman Emperor Augustus Caesar. The funds were for repairs in the City of Rome, and the winners were given prizes in the form of articles of unequal value.

Search results for Lottery

Michigan Lottery

Official site for the Michigan Lottery, including results and information on Lotto, Keno, and instant games.www.michigan.gov/lottery

Illinois Lottery

Official site. Features games, numbers, results, promotions, and more.www.illinoislottery.com/

New Jersey Lottery: Give Your Dreams a Chance©

© New Jersey Lottery tickets are available only at authorized retailer locations. You must be at least 18 years old to purchase lottery tickets. ...www.state.nj.us/lottery/home.shtml

Texas Lottery

Results and winning numbers for Lotto Texas, Pick 3 Day, Pick 3 Night, Cash Five, and Texas Two Step. From the Comptroller's Office.www.txlottery.org/

Site Map

Official site of the California Lottery, which includes Super Lotto Plus, Mega Millions, Daily 3, Scratchers, and Fantasy 5.www.calottery.com/index.html

Images found for Lottery

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News about Lottery

N.J. Lottery to end live broadcast of midday drawing

Lottery PostBeginning Friday, the New Jersey Lottery Commission will stop airing live drawings at 1 p.m. on the state's public television network in an effort to save money.http://www.lotterypost.com/news/193680/1301026

Big Lottery windfall for Petrockstowe

North Devon Gazette & AdvertiserA North Devon village is to get a safer car park and an office to print the parish newsletter thanks to the Big Lottery Fund, which has announced a grant of £39,408 to improve life in Petrockstowe.http://www.northdevongazette.co.uk/northdevongazette/news/st...

New Jersey's live lottery drawings canceled

The Record and Herald NewsThe decision to end afternoon lottery drawings at NJN will save about $100,000 annually, officials say.http://www.northjersey.com/r?19=961&43=272366&44=44744112&32...

Prop 1C would change the California Lottery

Lottery PostOn May 19, California voters will have a chance to change the state lottery for the first time since it started in 1984. Proposition 1C would allow the state to borrow $5 billion from future lottery profits to help balance the state's 2009-10 budget.http://www.lotterypost.com/news/193516/1300987

New Jersey's live lottery drawings canceled

The Record and Herald NewsThe New Jersey Lottery Commission will stop airing live drawings at 1 p.m. on the state's public television network to save money as Governor Corzine says he’ll offer more details on fixing the cash-strapped budget this week.http://www.northjersey.com/news/njpolitics/New_Jerseys_live_...

News about Lottery

State Senator Jeff Klein pushing for video casino games at Aqueduct

New York Daily NewsProfits would go to the Lottery division and be used to help fund education. Klein says the virtual casinos would generate the cash-strapped state $145 million in the first year and another $100 million when facilities are opened at Aqueduct ... http://www.nydailynews.com/news/2009/05/12/2009-05-12_hit_me...

100k Lottery grant for struggling charity

This is GloucestershireA struggling Cheltenham charity has been thrown a £100,000 lifeline. Cheltenham Housing Aid Centre, which helps people burdened with mental health and debt problems, believes the Big Lottery grant should guarantee its survival. The charity, set up ... http://www.thisisgloucestershire.co.uk/gloucestershireheadli...

Governor: Deficit $21 billion if measures fail

San Francisco GateThat plan included the package of six ballot measures that on May 19 will ask voters to allow the state to borrow against future state lottery sales and dip into special funds, among other things. Five of the six measures have been trailing in polls ... http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/05/12/...

Pennsylvania Lottery numbers

Evening SunThursday's "mix & match" jackpot will be worth at least $100,000 because no player holds a ticket with one row that matches all five winning numbers drawn in Monday's game. The winning numbers drawn Monday in the "mix & match" game were: 19-11-16-13 ... http://www.eveningsun.com/ci_12347957

Schwarzenegger Tells Lawmakers Deficit May Swell to $21 Billion

BloombergIf voters reject plans to sell bonds backed by lottery profits and siphon tax receipts from tobacco and high earners already dedicated to special programs then the deficit would expand by another $6 billion. The ballooning deficit comes three ... http://www.bloomberg.com/apps/news?pid=20601110&sid=aN0teSUB...

Search results for Lottery

Massachusetts State Lottery

Find recent and past winning numbers, game information, and related links.http://www.masslottery.com/

The Florida Lottery

Provides lottery results, payouts, analysis, statistics, reviews, news and trivia.http://www.flalottery.com/

Home | The National Lottery

Buy tickets and get results for Lotto, EuroMillions, Thunderball, Daily Play, Dream Number and Lotto HotPicks on the National Lottery's official website. Play online games and win ... http://national-lottery.co.uk/

Lottery - Wikipedia, the free encyclopedia

A lottery is a form of gambling which involves the drawing of lots for a prize. Some governments outlaw it, while others endorse it to the extent of organizing a national lottery.http://en.wikipedia.org/wiki/Lottery

New York Lottery

The official Web site of the New York Lottery, providing winning numbers, jackpots, game information, how to play, new games, promotions, press releases and more.http://www.nylottery.org/index.php

Wikipedia results for Lottery

Lottery - Wikipedia, the free encyclopedia

A lottery is a form of gambling which involves the drawing of lots for a prize. Some governments outlaw it, while others endorse it to the extent of organizing a national lottery.http://en.wikipedia.org/wiki/Lottery

Lottery! - Wikipedia, the free encyclopedia

Lottery! is a short-lived American drama series premiered on ABC on September 9, 1983. The series aired for one season of 17 episodes and starred Ben Murphy as Patrick Sean ... http://en.wikipedia.org/wiki/Lottery%21

NBA Draft Lottery - Wikipedia, the free encyclopedia

The NBA Draft Lottery is an annual event held by the National Basketball Association in which teams participate in a lottery process to obtain rights to pick promising young ... http://en.wikipedia.org/wiki/NBA_Lottery

National Lottery (United Kingdom) - Wikipedia, the free encyclopedia

The National Lottery is the largest lottery in the United Kingdom. It is operated by Camelot Group, to whom the licence was granted in 1994, 2001 and again in 2007.http://en.wikipedia.org/wiki/UK_National_Lottery

California State Lottery - Wikipedia, the free encyclopedia

The California State Lottery began on November 6, 1984 after California voters passed Proposition 37, the California Lottery Act, authorizing the creation of a state lottery.http://en.wikipedia.org/wiki/California_Lottery
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Videos found for Lottery

169m dollar lottery win

169m dollar lottery winA Spanish lottery ticket holder is celebrating what could be the biggest payout in Europe.Flash - Video

World's 'biggest ever' lottery winn...

World's 'biggest ever' lottery winnerOne lottery winner is set to collect the world's biggest jackpot after scooping £110 million in the EuroMillions game. The winning numbers were 4, 29, 23, 31, 24 and the Lucky...Flash - Video

Multiple lottery winner

Multiple lottery winnerOne woman has hit the lottery jackpot, five times. WCHS's Atish Baidya reports.Windows Media - Video

World's biggest lottery jackpot up ...

World's biggest lottery jackpot up for grabsThe Euromillions lottery jackpot has reached a whopping £110 million -anyone with a ticket is in with a chance - even if the odds are 1 in 76,275,360.Flash - Video

Unemployed mom wins $6.5 million lo...

Unemployed mom wins $6.5 million lotteryApril 21: An unemployed mother of three in hard-hit Elkhart, Indiana has won $6.5 million in the state lottery, taking home more than two million dollars after taxes. MSNBC's...Windows Media - Video

Answers for Lottery

CHiNOlottery...?CHiNOOkay I have a few things to say, A: Did you just win the lottery? B: Wait until you have gotten your money then tell them and give them each a thousand bucks C: If they start to use you and s...olivergringoldWhat is the legal difference between a lottery and a raffle?olivergringoldlotteries may only be operated by the state, and raffles are operated by an organization, and regulated by the state. there are also structure differences, if me and you play the same numbers in a...needhelpHow much does the lottery have to pay out?needhelpLet i be the annual interest rate. Let v=1/(1+i) Let A be the present value of the annuity. Let n be the number of years of payments. Let P be the annual payment. Then A = P*(1-v^n)/i i = 0....musicgurlWhat lottery numbers should you play for a dream about polar bears?musicgurlDreaming about polar bear symbolize , between other things, cycles of life. Tell her to take a birthday data , number linked to death of loved one and a number of baby was born Or generally to chose ...Edwin VHow do I play the national lottery by going to a shop?Edwin VYou should use the national lottery tickets to choose 6 numbers on a line for the wednesday or Saturday draws. Each line cost a pound and you need at least 3 right to get a return. If you cannot be bo...
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