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lottery is a form of legalized government gambling that involves the drawing of numbers 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; the most common regulation is prohibition of sale to minors. 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.

 

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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..

 

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lottery sambad result on lotterysambad.com & lotterysambad.co.in, Mizoram State Lotteries Results, Nagaland State Lotteries Results and Kerala State Lotteries Results Online,Lottery Sambad lottery result today Lottery Sambad Today 8PM, 4PM and 11AM Result nagaland lottery

 

There are many lottery games that take place in India, all of which are run by state government organisations under the rules and regulations of the federal government.

 

State governments such as those of KeralaPunjabGoa and Sikkim, run their own lottery departments and conduct lucky draws daily or weekly. Kerala State Lotteries, established in 1967, under the lottery department by the Government of Kerala was the first of its kind in India. The department was successful and has grown throughout the state of Kerala by contributing to the needful and became the role model for other states for starting their own lotteries.

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