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26-12-2017, 04:53 PM

Wann see result how to Winn tikit lottery m really interested

jaseela123d · 27-12-2017, 09:05 AM

A lottery is a form of legalized government gambling that involves drawing lots for a prize. Lotteries are proscribed by some governments, while others endorse it to the point of organizing a national or state lottery. It is common to find some degree of regulation of the lottery by the governments; The most common regulation is the prohibition of selling to minors. Although lotteries were common in the United States and other countries during the nineteenth century, in the early twentieth century, most forms of gambling, including lotteries and sweepstakes, were illegal in the United States and most of Europe, As well as many other countries. This remained so until well after World War II. In the 1960s, casinos and lotteries began to reappear around the world as a means for governments to increase their incomes without raising taxes.

Lotteries come in many formats. For example, the prize may be a fixed amount of cash or property. 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 revenue. A popular form of this is the "50-50" draw where the organizers promise that the prize will be 50% of the income. Many recent lotteries allow buyers to select numbers on the lottery ticket, resulting in the possibility of several winners.

India

There are many lottery games taking place in India, all of which are run by state government organizations under the rules and regulations of the federal government. State governments such as Kerala, Punjab, Goa and Sikkim, run their own lottery departments and conduct daily or weekly raffles. Kerala State Lotteries, established in 1967, under the Lottery Department by the Kerala Government was the first of its kind in India. The department was successful and has grown throughout the state of Kerala, contributing to the necessary and became the role model for other states to start their own lotteries.

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