Category: Lottery Information

Popular lottery machines that are used worldwide

The types of lottery machines There are two main reasons for why the lottery is so popular among players worldwide. One of them is the fact that with a minimum investment, players can hope to win millions and they don't even require any previous experience or skill. The second reason is that the outcome of each draw is impossible to predict, and this is where the lottery machines come into...

The most loyal taxes on lottery winnings

Which lotteries have the most loyal taxes on lottery winnings Lottery players know that the chances of winning the jackpot are insignificant, but this doesn't stop them from purchasing tickets. Those who are optimistic couldn't care less about issues such as taxation, because they would gladly accept conceding a portion of these potential payouts. Nevertheless, it is worth knowing which...

25 years of Florida Lottery

Our congratulations to Florida Lottery! Florida Lottery came a long way since it was created back in 1988, and in early 2013 it celebrates 25 years of existence. For a quarter of a century, the lottery has been a major funding source for schools in the state, and the profits were generally on an uptrend. Now that they are celebrating, lottery officials are just as focused on how to increase...

Private management of Pennsylvania Lottery

Pennsylvania Lottery privatization Some claim that the state is the worst possible manager and advise against allowing too many companies to be administered by it. On the other hand, marketing a state’s future revenues needs to be done with a lot of attention, because there is a real chance of hurting the community is in the process. Pennsylvania lottery has always been a successful venture,...

Where does lottery money go?

Given the fact that many people are raising questions about how exactly the lottery money is distributed after the tickets are sold, the operators try to keep things as transparent as possible. Contrary to popular belief, not all the money is used for fueling the prizes and paying taxes and the operator only keeps a small percentage to cover its fees and to ensure its profit margin. Much of the...

The Chinese lottery outlook

The Chinese lottery now enjoys the full backing of the Communist Party and it is expected to continue its expansion as the number of players increasesThe Chinese lottery: a tax on the poor? Lotteries around the world have one thing in common and this is the unbridled enthusiasm and hope of players that they can turn their lives around by winning the jackpot. It is not something justified by...

Lottery operators and charity

Not all the money collected by lottery operators from selling tickets goes to fuel the prize pool, with a significant percentage being donated to charityLottery operators and nonprofit organizations When someone wins a lottery jackpot, everyone is cheering for the lucky player and the attention is aimed exclusively at the one who scooped the main prize. The truth is that there are many...

Is playing the lottery a waste of your money?

The crushing odds and the very few success stories don't have a deterring effect on those who are playing the lottery every single weekWhat makes people playing the lottery? Millions of people from all over the world are playing the lottery and now that tickets also sell online for most of the important games, their numbers will grow. The interest is still sky high and on the rise, but this...

The lottery and astrology

The lottery and astrology: which sign is the luckiest? To say that lottery players are optimistic and believe in their chances to win would be an understatement, but many of them are also superstitious. This reflects the manner in which they purchase the tickets, the numbers they choose and the patterns they use, and there is no reasonable argument that can change their perception. There is...

Green Card Lottery 2013

Green Card Lottery It is generally accepted that winning the lottery can change your life for the better, but you don't necessarily need to scoop the jackpot to make a giant leap forward. For people from all over the world, the chance of living and working in the United States represents a unique opportunity. Since most of them can't afford to go through the regular channels as they are...