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lottery is a form of 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.



United Kingdom[edit]

The principal lottery in the United Kingdom is the National Lottery, a state-franchised lottery sanctioned by the Gambling Commission (formerly the National Lottery Commission), and established in 1994. It is operated by the Camelot Group, which was first granted the franchise in 1994. Camelot’s current franchise agreement runs through 2019.[14] 28% of National Lottery revenue, along with all unclaimed prizes, are distributed as grants to charitable causes. 12% of the revenue from the National Lottery is expected to go to the government, 5% goes to lottery retailers, 5% is retained by Camelot Group for operating costs, and 50% remains for the total prize fund of which 5% is diverted to a Super Draw fund, leaving 45% for normal prizes.[15]


lottery sambad 11.55pm, 4pm, 8pm Today Result PDF List

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.


United States[edit]

Lotteries are operated at the state level in the U.S.; 44 states and 3 territories operate state lotteries, and nearly all of them are members of consortiums that operate regional games, and the two near-national games Mega Millions and Powerball. In January 2016, Powerball set a record for the largest lottery jackpot in U.S. history, with its January 13, 2016 draw having an estimated jackpot of US$1.5 billion.[19][20]


lottery sambad 11.55pm, 4pm, 8pm Today Result PDF List

Sambad is a regional language daily newspaper and the flagship brand of Eastern Media Limited. It is the largest circulated Odia newspaper in Odisha and is published from 8 key cities in the state, including the capital city of Bhubaneswar.[1] Soumya Ranjan Patnaik (Founder of Eastern Media Limited) is the Editor-in-Chief of Sambad.

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