mumbai laxmi special monthly lottery 15th draw on 09 04 2016 6
#1

i want to know mumbai laxmi result please show me
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#2
mumbai laxmi special monthly lottery

TODAY WEST BENGAL STATE LOTTERY – COMPLETE OLD RESULTS
…online. All people can check pooja bumper draw results 16 October 2015 at officially web site. Also Banga Laxmi results draw no. 461 are flashed on 13.10.2015. WEST BENGAL STATE LOTTERY BANGA LAXMI Draw-463 Date-20.11.15 1st Prize ` 500000/- /Z-611436 2nd Prize ` 100000/- /Z-166081 3rd Prize ` 50000/- /Y-416932 4th Prize ` 5000/-93100 5th Prize ` 1000/- 01901 07384 12470 20950 25085 39528 40765 41281 50260 95294 6th Prize ` 500/- 05846 08334 27409 47319 55904 70541 78754 90950…
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#3

A lottery is a form of gambling which involves the drawing of lots for a prize. Lotteries are outlawed by some governments, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of regulation of lottery by governments. Though lotteries were common in the United States and some other countries during the 19th century, by the beginning of the 20th century, most forms of gambling, including lotteries and sweepstakes, were illegal in the U.S. 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 re-appear throughout the world as a means for governments to raise revenue without raising taxes.

Lotteries come in many formats. For example, 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.[citation needed] 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 cannot be accounted for by decision models based on expected value maximization. The reason is that lottery tickets cost more than the expected gain, as shown by lottery mathematics, so someone maximizing expected value should not buy lottery tickets. Yet, lottery purchases can be explained by decision models based on expected utility maximization, as the curvature of the utility function can be adjusted to capture risk-seeking behavior. More general models based on utility functions defined on things other than the lottery outcomes can also account for lottery purchase. In addition to the lottery prizes, 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 represent a gain in overall utility. In such a case, the disutility of a monetary loss could be outweighed by the combined expected utility of monetary and non-monetary gain, thus making the purchase a rational decision for that individual.
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