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New Mexico Lottery
The New Mexico Lottery is run by the government of New Mexico. It was established in 1996. It is a member of the Multi-State Lottery Association (MUSL). It offers draw games and scratch off games. As of December 2014, draw games are Powerball, Mega Millions, Monopoly Millionaires' Club, Hot Lotto, Roadrunner Cash, Pick 3, Quicksters, and Lucky Numbers Bingo. The New Mexico Lottery Authority is separate from the New Mexico government. A seven-person board of directors appointed by the Government of New Mexico operates the Lottery, which has oversight from the Legislative Finance Committee. New Mexico requires lottery players to be at least 18. Notable prizes The largest prize to date won on a ticket bought in New Mexico was for the Powerball drawing on September 27, 2008. The ticket was worth $206.9 million, payable in 30 annual payments (increasing by 4 percent yearly), or about $102.9 million cash value. New Mexico-only draw games Roadrunner Cash Roadrunner Cash draw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Mexico
) , population_demonym = New Mexican ( es, Neomexicano, Neomejicano, Nuevo Mexicano) , seat = Santa Fe , LargestCity = Albuquerque , LargestMetro = Tiguex , OfficialLang = None , Languages = English, Spanish ( New Mexican), Navajo, Keres, Zuni , Governor = , Lieutenant Governor = , Legislature = New Mexico Legislature , Upperhouse = Senate , Lowerhouse = House of Representatives , Judiciary = New Mexico Supreme Court , Senators = * * , Representative = * * * , postal_code = NM , TradAbbreviation = N.M., N.Mex. , area_rank = 5th , area_total_sq_mi = 121,591 , area_total_km2 = 314,915 , area_land_sq_mi = 121,298 , area_land_km2 = 314,161 , area_water_sq_mi = 292 , area_water_km2 = 757 , area_water_percent = 0.24 , population_as_of = 2020 , population_rank = 36th , 2010Pop = 2,117,522 , population_density_rank = 45th , 2000DensityUS = 17.2 , 2000Density = 6.62 , MedianHouseholdIncome = $51,945 , IncomeRank = 45th , AdmittanceOrder = ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Present Value
In economics and finance, present value (PV), also known as present discounted value, is the value of an expected income stream determined as of the date of valuation. The present value is usually less than the future value because money has interest-earning potential, a characteristic referred to as the time value of money, except during times of zero- or negative interest rates, when the present value will be equal or more than the future value. Time value can be described with the simplified phrase, "A dollar today is worth more than a dollar tomorrow". Here, 'worth more' means that its value is greater than tomorrow. A dollar today is worth more than a dollar tomorrow because the dollar can be invested and earn a day's worth of interest, making the total accumulate to a value more than a dollar by tomorrow. Interest can be compared to rent. Just as rent is paid to a landlord by a tenant without the ownership of the asset being transferred, interest is paid to a lender by a borr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Lotteries Of The United States
State may refer to: Arts, entertainment, and media Literature * ''State Magazine'', a monthly magazine published by the U.S. Department of State * ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States * ''Our State'', a monthly magazine published in North Carolina and formerly called ''The State'' * The State (Larry Niven), a fictional future government in three novels by Larry Niven Music Groups and labels * States Records, an American record label * The State (band), Australian band previously known as the Cutters Albums * ''State'' (album), a 2013 album by Todd Rundgren * ''States'' (album), a 2013 album by the Paper Kites * ''States'', a 1991 album by Klinik * ''The State'' (album), a 1999 album by Nickelback Television * ''The State'' (American TV series), 1993 * ''The State'' (British TV series), 2017 Other * The State (comedy troupe), an American comedy troupe Law and politics * State (polity), a centralized political organizatio ... [...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] |
Portfolio (finance)
In finance, a portfolio is a collection of investments. Definition The term “portfolio” refers to any combination of financial assets such as stocks, bonds and cash. Portfolios may be held by individual investors or managed by financial professionals, hedge funds, banks and other financial institutions. It is a generally accepted principle that a portfolio is designed according to the investor's risk tolerance, time frame and investment objectives. The monetary value of each asset may influence the risk/reward ratio of the portfolio. When determining asset allocation, the aim is to maximise the expected return and minimise the risk. This is an example of a multi-objective optimization problem: many efficient solutions are available and the preferred solution must be selected by considering a tradeoff between risk and return. In particular, a portfolio A is dominated by another portfolio A' if A' has a greater expected gain and a lesser risk than A. If no portfolio dominate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotto*America
Lotto America is an American multi-state lottery game that began in 2017. It is operated by the Multi-State Lottery Association (MUSL). It takes its name from the original Lotto America, offered from 1988 to 1992. Lotto America was re-launched by 13 state lotteries on November 12, 2017, as a replacement for the scandal-tarred Hot Lotto game; each of the 13 members of Lotto America offered Hot Lotto when it ended on October 28, 2017. Original Lotto America (1988–1992) The original version of Lotto America held its first drawing on February 13, 1988. The game was a $1-per-play, pick-7-of-40 game, rather than the pick-6 games that had become wildly popular in U.S. lotteries. Matching four numbers won a fixed prize of $5; matching at least five won a parimutuel prize. Matching all seven won the jackpot, whose odds were roughly 1 in 18 million, at the time the longest odds of a U.S. lottery game. The top prize was a 20-year Annuity (finance theory), annuity; there was never a cash op ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orange (color)
Orange is the colour between yellow and red on the spectrum of visible light. Human eyes perceive orange when observing light with a dominant wavelength between roughly 585 and 620 nanometres. In traditional colour theory, it is a secondary colour of pigments, produced by mixing yellow and red. In the RGB colour model, it is a tertiary colour. It is named after the fruit of the same name. The orange colour of many fruits and vegetables, such as carrots, pumpkins, sweet potatoes, and oranges, comes from carotenes, a type of photosynthetic pigment. These pigments convert the light energy that the plants absorb from the Sun into chemical energy for the plants' growth. Similarly, the hues of autumn leaves are from the same pigment after chlorophyll is removed. In Europe and America, surveys show that orange is the colour most associated with amusement, the unconventional, extroversion, warmth, fire, energy, activity, danger, taste and aroma, the autumn and Allhallowtide s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mountain Time Zone
The Mountain Time Zone of North America keeps time by subtracting seven hours from Coordinated Universal Time (UTC) when standard time ( UTC−07:00) is in effect, and by subtracting six hours during daylight saving time ( UTC−06:00). The clock time in this zone is based on the mean solar time at the 105th meridian west of the Greenwich Observatory. In the United States, the exact specification for the location of time zones and the dividing lines between zones is set forth in the Code of Federal Regulations at 49 CFR 71. In the United States and Canada, this time zone is generically called Mountain Time (MT). Specifically, it is Mountain Standard Time (MST) when observing standard time, and Mountain Daylight Time (MDT) when observing daylight saving time. The term refers to the Rocky Mountains, which range from British Columbia to New Mexico. In Mexico, this time zone is known as the or ("Pacific Zone"). In the US and Canada, the Mountain Time Zone is to the east of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Annuity (finance Theory)
In investment, an annuity is a series of payments made at equal intervals.Kellison, Stephen G. (1970). ''The Theory of Interest''. Homewood, Illinois: Richard D. Irwin, Inc. p. 45 Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments. Annuities can be classified by the frequency of payment dates. The payments (deposits) may be made weekly, monthly, quarterly, yearly, or at any other regular interval of time. Annuities may be calculated by mathematical functions known as "annuity functions". An annuity which provides for payments for the remainder of a person's lifetime is a life annuity. Types Annuities may be classified in several ways. Timing of payments Payments of an ''annuity-immediate'' are made at the end of payment periods, so that interest accrues between the issue of the annuity and the first payment. Payments of an ''annuity-due'' are made at the beginning of payment periods ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Multi-State Lottery Association
The Multi-State Lottery Association (MUSL) is an American non-profit, government-benefit association owned and operated by agreement of its 34 member lottery, lotteries. MUSL was created to facilitate the operation of multi-jurisdictional lottery games, most notably Powerball. MUSL was formed in December 1987, by seven U.S. lotteries. Its first game was launched in February 1988, ''Lotto America''. That game was changed to Powerball; its first drawing was in April 1992. Powerball was a unique game using two drums, suggested to MUSL by Steve Caputo of the Oregon Lottery. Powerball/Mega Millions cross-selling On October 13, 2009, MUSL signed an agreement with the consortium of states that operated the similar Mega Millions lottery, which allowed MUSL members to sell Mega Millions tickets and consortium members to sell Powerball tickets. On January 31, 2010, all but 2 of the 12 Mega Millions consortium lotteries began selling Powerball tickets. The consortium members did not join MU ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of New Mexico
The government of New Mexico is the governmental structure of the state of New Mexico as established by the Constitution of New Mexico. The executive is composed of the Governor of New Mexico, governor, several other statewide elected officials and the governor's cabinet. The New Mexico Legislature consists of the New Mexico House of Representatives, House of Representatives and New Mexico Senate, Senate. The judiciary is composed of the New Mexico Supreme Court and lower courts. There is also local government, consisting of county administrations, city governments, and special districts. Executive The state elected officials are: The New Mexico Governor's Cabinet includes: * New Mexico Office of African American Affairs, Office of African American Affairs * New Mexico Department of Aging and Long-Term Services, Department of Aging and Long-Term Services * New Mexico Department of Agriculture, Department of Agriculture * New Mexico Department of Children, Youth, and Familie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Five-number Lottery Games
The following is a list of lottery games(including the United States and Canada) in which five regular numbers are drawn from a larger set of numbers. The list includes the name, the number field for each, and the frequency of drawings. All pick-5 games in the U.S. and Canada are drawn multiple times per week(usually nightly, including Sundays and holidays); some lotteries now hold such drawings more than once a day. Most U.S. pick-5 games now have a progressive jackpot, even in games that are drawn daily; in unusual cases, a single ticket has won a cash prize in excess of $1 million cash. A common top prize in non-jackpot pick-5 games is $100,000(In the lists below, games with a jackpot do not have a minimum jackpot listed.). Depending on the game, a minimum of either two or three numbers(not counting a "bonus ball") must be matched for a winning ticket(A 2/5 match usually results in a free play for that game, or a "break-even" win; for the latter, the player wins back their s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
