Virginia Ballot Measures, 1987
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Virginia Ballot Measures, 1987
The 1987 Virginia State Elections took place on Election Day, November 3, 1987, the same day as the elections to the Virginia House of Delegates and the Virginia Senate, which are always held in off-years. The only statewide election on the ballot was one referendum, which was referred to the voters by the Virginia General Assembly. Question 1 This referendum asked voters to approve the creation of a state-sponsored 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 .... The revenue generated would be controlled by the Virginia General Assembly. References {{reflist 1987 Virginia elections ...
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Virginia
Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the Atlantic Coast and the Appalachian Mountains. The geography and climate of the Commonwealth are shaped by the Blue Ridge Mountains and the Chesapeake Bay, which provide habitat for much of its flora and fauna. The capital of the Commonwealth is Richmond; Virginia Beach is the most-populous city, and Fairfax County is the most-populous political subdivision. The Commonwealth's population was over 8.65million, with 36% of them living in the Baltimore–Washington metropolitan area. The area's history begins with several indigenous groups, including the Powhatan. In 1607, the London Company established the Colony of Virginia as the first permanent English colony in the New World. Virginia's state nickname, the Old Dominion, is a reference to this status. Slave labor and land acquired from displaced native tribes fueled the ...
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Election Day (United States)
Election Day in the United States is the annual day for general elections of federal public officials. It is statutorily set by the U.S. government as "the Tuesday next after the first Monday in November", i.e. the Tuesday that occurs within November 2 to November 8. For federal offices (president, vice president, and United States Congress) and most gubernatorial offices (all except for Kentucky, Louisiana, Mississippi, New Jersey, and Virginia), Election Day occurs only in even-numbered years. Presidential elections are held every four years, in years divisible by four, in which electors for president and vice president are chosen according to the method determined by each state. Elections to the US House of Representatives and the US Senate are held every two years; all representatives are elected to serve two-year terms and are up for election every two years, while senators serve six-year terms, staggered so that one third of senators are elected in any given general elect ...
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Virginia House Of Delegates
The Virginia House of Delegates is one of the two parts of the Virginia General Assembly, the other being the Senate of Virginia. It has 100 members elected for terms of two years; unlike most states, these elections take place during odd-numbered years. The House is presided over by the Speaker of the House, who is elected from among the House membership by the Delegates. The Speaker is usually a member of the majority party and, as Speaker, becomes the most powerful member of the House. The House shares legislative power with the Senate of Virginia, the upper house of the Virginia General Assembly. The House of Delegates is the modern-day successor to the Virginia House of Burgesses, which first met at Jamestown in 1619. The House is divided into Democratic and Republican caucuses. In addition to the Speaker, there is a majority leader, majority whip, majority caucus chair, minority leader, minority whip, minority caucus chair, and the chairs of the several committees of th ...
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Virginia Senate
The Senate of Virginia is the upper house of the Virginia General Assembly. The Senate is composed of 40 senators representing an equal number of single-member constituent districts. The Senate is presided over by the lieutenant governor of Virginia. Prior to the American War of Independence, the upper house of the General Assembly was represented by the Virginia Governor's Council, consisting of up to 12 executive counselors appointed by the colonial royal governor as advisers and jurists. The lieutenant governor presides daily over the Virginia Senate. In the lieutenant governor's absence, the president pro tempore presides, usually a powerful member of the majority party. The Senate is equal with the House of Delegates, the lower chamber of the legislature, except that taxation bills must originate in the House, similar to the federal U.S. Congress. Members of the Virginia Senate are elected every four years by the voters of the 40 senatorial districts on the Tuesday succeed ...
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Referendum
A referendum (plural: referendums or less commonly referenda) is a direct vote by the electorate on a proposal, law, or political issue. This is in contrast to an issue being voted on by a representative. This may result in the adoption of a new policy or specific law, or the referendum may be only advisory. In some countries, it is synonymous with or commonly known by other names including plebiscite, votation, popular consultation, ballot question, ballot measure, or proposition. Some definitions of 'plebiscite' suggest it is a type of vote to change the constitution or government of a country. The word, 'referendum' is often a catchall, used for both legislative referrals and initiatives. Etymology 'Referendum' is the gerundive form of the Latin verb , literally "to carry back" (from the verb , "to bear, bring, carry" plus the inseparable prefix , here meaning "back"Marchant & Charles, Cassell's Latin Dictionary, 1928, p. 469.). As a gerundive is an adjective,A gerundiv ...
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Virginia General Assembly
The Virginia General Assembly is the legislative body of the Commonwealth of Virginia, the oldest continuous law-making body in the Western Hemisphere, the first elected legislative assembly in the New World, and was established on July 30, 1619. The General Assembly is a bicameral body consisting of a lower house, the Virginia House of Delegates, with 100 members, and an upper house, the Senate of Virginia, with 40 members. Combined, the General Assembly consists of 140 elected representatives from an equal number of constituent districts across the commonwealth. The House of Delegates is presided over by the Speaker of the House, while the Senate is presided over by the Lieutenant Governor of Virginia. The House and Senate each elect a clerk and sergeant-at-arms. The Senate of Virginia's clerk is known as the "Clerk of the Senate" (instead of as the "Secretary of the Senate", the title used by the U.S. Senate). Following the 2019 election, the Democratic Party held a ma ...
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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 ...
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Virginia Lottery
The Virginia Lottery is an independent agency of the Commonwealth of Virginia. It was created in 1987 when Virginians voted in a statewide referendum in favor of a state lottery. The first ticket was sold on September 20, 1988. All profits from Virginia Lottery ticket sales go to K-12 public education, as required by Virginia's constitution. In Fiscal Year 2022, the Lottery's profits totaled more than $779.6 million, accounting for approximately 10 percent of school funding in Virginia. That brought total Lottery profits in Virginia (from 1989 through June 2022) to more than $14.5 billion. Daily draw games include Pick 3 and Pick 4, which are drawn twice daily, and Cash 5; with one drawing a day. The Virginia Lottery also offers numerous scratchers. It is one of 46 lotteries which sells Mega Millions tickets, and one of 47 offering Powerball. ''Cash4Life'' is nightly; Mega Millions is drawn Tuesdays and Fridays, while Powerball is drawn Mondays, Wednesdays and Saturdays. Bank A ...
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Revenue
In accounting, revenue is the total amount of income generated by the sale of goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some companies receive revenue from interest, royalties, or other fees A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead (business), overhead, wages, costs, and Profit (accounting), markup. Traditionally, professionals in the United Kingdom (and previously the Repu .... This definition is based on International Accounting Standard, IAS 18. "Revenue" may refer to income in general, or it may refer to the amount, in a monetary unit, earned during a period of time, as in "Last year, Company X had revenue of $42 million". Profit (accounting), Profits or net income generally imply total revenue minus total expenses in a given period. In accountancy, accounting, in the balance statement, revenue is a subsection of the ...
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