What is Lottery?
Lottery is a game in which numbers are drawn at random to determine winners. The prizes are usually cash, although in some cases goods or services may be awarded. It is the most popular form of gambling. There are many different types of lottery games. Some are organized by governments, while others are privately run. Prizes range from small cash sums to large houses and sports teams.
The word lottery is believed to come from the Dutch word lot, meaning fate or destiny, and may be a calque on Middle French loterie “action of drawing lots” (the first European state-run lottery was in France in 1569). Lottery has often been criticized for its potential for compulsive gambling and its alleged regressive effect on low-income groups. But those criticisms generally focus on specific features of lottery operations and are thus a natural outgrowth of the continuing evolution of the industry.
In addition, some people simply enjoy gambling and are attracted to the lure of instant wealth. This is a fundamental human impulse, one that lottery advertising capitalizes on with billboards featuring the Mega Millions or Powerball jackpots.
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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.
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