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Mega Number
A mega number, also known as a powerball, mega ball, or bonus ball, is a number drawn in a lottery game that comes from a second number field, rather than among the game's "regular" numbers.Nicolae Sfetcu A Gambling Guide 2014 FOUND INSIDE " For the game which is currently offered in California under the name Super Lotto, the first five numbers drawn are from a set of 47 white rubber balls, which are selected by one machine, and the mega number is chosen as just one ball ..." As of 2015, forty-six U.S. lotteries offer Mega Millions and Powerball. These games each use two sets of numbers. Mega Millions draws five rubber balls from a machine containing 70 balls. A sixth number, the "Mega Ball", then is drawn from a second drum, of 25 numbers. Powerball draws from two sets of numbers as well. The double matrixes are chosen so that both the jackpot odds and the overall odds of winning can be controlled. In either game, all six numbers must be matched to win or share a jackpot; howeve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lottery
A lottery is a form of gambling that involves the drawing of numbers at random for a prize. Some governments outlaw lotteries, 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, and vendors must be licensed to sell lottery tickets. Although 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. Lotteries come in many formats. For example, the prize can be a fixed amount of cash or goods. In this format, there is risk t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotteries In The United States
In the United States, lotteries are run by 48 jurisdictions: 45 states plus the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Lotteries are subject to the laws of and operated independently by each jurisdiction, and there is no national lottery organization. However, consortiums of state lotteries jointly organize games spanning larger geographical footprints, which in turn, carry larger jackpots. Two major lottery games, Mega Millions and Powerball, are both offered in nearly all jurisdictions that operate lotteries, and serve as ''de facto'' national lotteries. In fiscal 2018, Americans spent $77.7 billion on various lotteries, up about $5 billion from 2017. History Historian Neal Millikan using newspaper advertisements in the colonial era found at least 392 lotteries were held in the 13 colonies. Lotteries were used not only as a form of entertainment but as a source of revenue to help fund the colonies. The financiers of Jamestown, Virginia, for instance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mega Millions
Mega Millions (originally known as ''The Big Game'' in 1996 and renamed, temporarily, to ''The Big Game Mega Millions'' six years later) is an American multi-jurisdictional lottery game; as of January 30, 2020, it is offered in 45 states, the District of Columbia, and the U.S. Virgin Islands. The first ''(The Big Game) Mega Millions'' drawing was in 2002. What is now Mega Millions initially was offered in six states; the logo for all versions of the game following the retirement of ''The Big Game'' name featured a gold-colored ball with six stars to represent the game's initial membership, although some lotteries insert their respective logo in the ball. Mega Millions is drawn at 11 p.m. Eastern Time on Tuesday and Friday evenings, including holidays. Mega Millions is administered by a consortium of its 12 original lotteries; the drawings are held at the studios of WSB-TV in Atlanta, Georgia, supervised by the Georgia Lottery. The hosts are John Crow, Carol Blackmon and Adri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Powerball
Powerball is an American lottery game offered by 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. It is coordinated by the Multi-State Lottery Association (MUSL). From its inaugural drawing on April 19, 1992, until August 21, 2021, Powerball drawings were held twice a week (Wednesday and Saturday); a third weekly drawing (held Mondays) was added on August 23, 2021. Drawings are held every Monday, Wednesday and Saturday evening at 10:59 p.m. Eastern Time, at Florida Lottery headquarters in Tallahassee. Since October 7, 2015, the game has used a 5/69 (white balls) + 1/26 (Powerballs) matrix from which winning numbers are chosen, resulting in odds of 1 in 292,201,338 of winning a jackpot per play. Each play costs $2 or $3 with the Power Play option (originally, Powerball plays cost $1; when Power Play began, such games were $2). The official cutoff for ticket sales is 10:00 p.m. Eastern Time; some lotteries cut off sales earlier. The drawing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
California State Lottery
The California State Lottery began in October 1985 after voters authorized it in Proposition 37, the California State Lottery Act of 1984. It offers a range of games including number draws, scratchcards and a mock horse race. The earnings provide supplementary funding for public education. Lottery Act The Lottery Act was intended to provide more money to schools without imposing extra taxes. Accordingly, the Lottery was required to provide at least 34% of its revenues to public education, supplementing (not replacing) other funds provided by California. Another 50% of its revenues must be paid to the public in the form of prizes, making a mandated minimum of 84% of all funds that must be given back to the public in the form of prizes or funds for public education. The remainder, a maximum of 16%, was to be spent on administration, such as salaries and running the games. On April 8, 2010, Governor Schwarzenegger signed into laAssembly Bill 142(Hayashi, D-Hayward). Amending the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pennsylvania Lottery
The Pennsylvania Lottery is operated by the Commonwealth of Pennsylvania. The Lottery was created by the Pennsylvania General Assembly on August 26, 1971; two months later, Henry Kaplan was appointed as its first executive director. The Pennsylvania Lottery sold its first tickets on March 7, 1972 and drew its first numbers on March 15, 1972. Lottery proceeds By Pennsylvania law, at least 40 percent of Lottery proceeds are required to be paid as prizes, with another 27 percent towards funding programs. Currently, the Pennsylvania Lottery exceeds these requirements, as 60.9 percent is paid as prizes, 29.9 percent to programs, 6.7 percent is paid as retailer and vendor commissions and 2.5 percent is consumed as operating expenses. For the 2009–2010 fiscal year, approximately $3.065 billion in gross revenue was acquired through proceeds and interest. Approximately $1.87 billion was paid as prizes, $915.7 million to programs, $207 million was paid as retailer and vendor commissions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
