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A lottery is a form of gambling which is present in USA as well as in Europe. It is guided through the government and for this reason some countries do not have such a type of gambling since the government outlawed it, while in other countries it became a national lottery.
Ahead of the World War II this form of gambling was illegal, but in 1960 casinos and lotteries began to appear in United States and Europe and they were used as a means to raise revenue along with taxes.
Sometimes the lottery is described as a regressive tax. It's called a "tax on stupidity" because of the minimal chances to win the big prize. Even when it really is used to describe this form of gambling, the word "tax" is not strictly correct since these descriptions are used to make people understand that these games are government-sanctioned operations and they attract only those who don't know that buying a lottery ticket is a simple financial decision.
Lotteries come in many formats. Some lotteries can provide a prize which is based upon money and many of them on goods.
Lottery tickets are often checked on the computer using mark sense-technology, which will check in less than one second if a mix of numbers was chosen by anyone.
Do not think that the lottery was invented in 1960, after the World War II. Romans were first to play this game - this was a way to relax and amuse at dinner parties. The truth is the fact that it was distinctive from nowadays lottery, because, even if guests were receiving some tickets (the prize often consisted of fancy items), the ones who were unlucky received prizes, too. As such, this type of lottery was a sort of distribution of gifts by wealthy noblemen.
Ahead of the World War II this form of gambling was illegal, but in 1960 casinos and lotteries began to appear in United States and Europe and they were used as a means to raise revenue along with taxes.
Sometimes the lottery is described as a regressive tax. It's called a "tax on stupidity" because of the minimal chances to win the big prize. Even when it really is used to describe this form of gambling, the word "tax" is not strictly correct since these descriptions are used to make people understand that these games are government-sanctioned operations and they attract only those who don't know that buying a lottery ticket is a simple financial decision.
Lotteries come in many formats. Some lotteries can provide a prize which is based upon money and many of them on goods.
Lottery tickets are often checked on the computer using mark sense-technology, which will check in less than one second if a mix of numbers was chosen by anyone.
Do not think that the lottery was invented in 1960, after the World War II. Romans were first to play this game - this was a way to relax and amuse at dinner parties. The truth is the fact that it was distinctive from nowadays lottery, because, even if guests were receiving some tickets (the prize often consisted of fancy items), the ones who were unlucky received prizes, too. As such, this type of lottery was a sort of distribution of gifts by wealthy noblemen.
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