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So there are a lot of new things to digest for avid lottery fans. The lottery is one of the most casual and easily accessible forms of gambling in the world.
Even in jurisdictions with severe gambling restrictions, there is sometimes a lottery to be found. While the returns to player are much lower than most casino games, the lottery does offer a unique opportunity to be set for life even though the amount bet is small.
For your convenience, you can see the result of the lottery closest to you by following the links below:.
In basic form a lottery is a popular form of gambling in which players draw lots from a pool to win a prize, in most cases, the prize being money.
Lotteries, in one form or another, have been around as long as people have lived in society. However, in more recent history, lottery games have grown more complex and involved.
It is said in the Bible that Moses used a lottery to distribute lands around the river Jordan. The popular game of Keno Chinese Lottery originated in ancient China around 3, years ago, originally set up by the government to raise funds for the construction of the Great Wall.
Julius Caesar often used lotteries to raise funds for the building of his vast empire. One of the oldest lotteries still in operation today was begun in Portugal in All of these early lotteries had similar purposes of raising funds for the government.
Often governments would institute them in times of need or war. Much of the money used to build the universities Harvard, Yale, Princeton and Columbia was raised by lotteries.
Today official lotteries are set up to give money back to the public and must somehow benefit the people. Unfortunately, like many forms of gambling, lotteries are very prone to corruption.
In early America many lotteries were started up and many of them were essentially unregulated. Unlike many lotteries in the Old World, these lotteries were run by private consortiums.
The lack of state control led to widespread corruption and greed, with lottery managers often rigging the outcomes. The Louisiana Lottery Company was notable for this as it pioneered the use of mail for entries which legally sidestepped the prohibition against lotteries in other states.
This was the first instance of a multi-state lottery. As a result of this lotteries were banned by the Federal Government in Of course this only meant that the lottery went underground and provided a great revenue stream for criminal syndicates who had the resources to run large lottery pools.
Many Americans, having no legal outlet in their country, played foreign lotteries. Perhaps, the largest was the Irish Sweepstakes , which opened up to American and Canadian bettors in In New Hampshire broke the Federal ban and started up a state-run lottery.
This was the beginning of the modern era for American lotteries and soon almost every state followed suit. The wagering requirement is calculated on bonus bets only.
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