What is a Lottery?
A lottery is a form of chance for the distribution of prizes. Prizes can be goods, services, or money. The first public lotteries to sell tickets with money prizes may have been held in the Low Countries in the 15th century, for such purposes as building town fortifications or helping poor people. Modern lotteries include gambling games such as poker and keno, commercial promotions in which property or services are randomly given away, and political selection processes such as jury assignments and military conscription. The word “lottery” probably derives from the Dutch noun lot, meaning fate or fortune, or from the French verb loter, to throw, which is also used to describe casting lots for other purposes.
A major argument for state adoption of lotteries is that they provide a source of “painless revenue,” that is, taxpayers are voluntarily spending their own money (as opposed to paying taxes) for a public good. This is a strong argument, especially when the state government’s fiscal health is uncertain. However, research shows that the popularity of a lottery is not linked to the objective fiscal circumstances of the state government, and that public perceptions of benefit are based on more factors than simply the amount of money the winners receive.
It’s tempting to choose your numbers based on birthdays and other significant dates, but doing so can drastically reduce your chances of avoiding a shared jackpot with someone else. Instead, try to choose the less obvious numbers. This will increase your odds of winning without making the process any more complicated.
The post What is a Lottery? appeared first on villagesanclemente.org.
Source: This article was originally published on Village San Clemente
About the Agent
Jim Flores is an accomplished real estate professional providing services as both agent and broker for over 13 years. His extensive knowledge of the Southern California real estate & mortgage market has allowed him to provide an outstanding level of client satisfaction to his clientele. As co-founder founder of Sea Sell Realty Jim is committed to personalized service. His goal is to exceed client needs by applying his expertise to all aspects of the real estate industry including sales, property management, consulting, training and real estate technology. For example, Jim’s use of technology benefits his clients by utilizing tools that make transactions client friendly: electronic signing, social media ads, paper less transactions and iPad essentials.
Offering expert Home Buying and Selling Real Estate Services in: San Clemente, The Pier Bowl, Laguna Niguel, Dana Point.
Featured Home
