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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 instanc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Progressive Jackpot
A progressive jackpot is a jackpot (a gambling grand prize or payout) which increases each time the game is played but the jackpot is ''not'' won. When the progressive jackpot is won, the jackpot for the next play is reset to a predetermined value, and resumes increasing under the same rule. Many slot machines and video poker machines feature a progressive jackpot. The jackpot increases by a small predetermined amount each time the game is played. Often multiple machines are pooled or linked together to form a larger progressive jackpot which grows more quickly because more non-winning plays can be counted toward it. Many lotteries feature progressive jackpots. After each drawing in which the jackpot is not won, a large amount of money is "carried forward" to the jackpot for next drawing. History Progressive jackpots were first introduced in large casinos in 1986. The first progressive slot machine was the famous Megabucks, developed by International Game Technology (IGT). Every ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Income Tax
A corporate tax, also called corporation tax or company tax, is a direct tax imposed on the income or capital of corporations or analogous legal entities. Many countries impose such taxes at the national level, and a similar tax may be imposed at state or local levels. The taxes may also be referred to as income tax or capital tax. A country's corporate tax may apply to: * corporations incorporated in the country, * corporations doing business in the country on income from that country, * foreign corporations who have a permanent establishment in the country, or * corporations deemed to be resident for tax purposes in the country. Company income subject to tax is often determined much like taxable income for individual taxpayers. Generally, the tax is imposed on net profits. In some jurisdictions, rules for taxing companies may differ significantly from rules for taxing individuals. Certain corporate acts or types of entities may be exempt from tax. The incidence of corporate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Progressive Jackpot
A progressive jackpot is a jackpot (a gambling grand prize or payout) which increases each time the game is played but the jackpot is ''not'' won. When the progressive jackpot is won, the jackpot for the next play is reset to a predetermined value, and resumes increasing under the same rule. Many slot machines and video poker machines feature a progressive jackpot. The jackpot increases by a small predetermined amount each time the game is played. Often multiple machines are pooled or linked together to form a larger progressive jackpot which grows more quickly because more non-winning plays can be counted toward it. Many lotteries feature progressive jackpots. After each drawing in which the jackpot is not won, a large amount of money is "carried forward" to the jackpot for next drawing. History Progressive jackpots were first introduced in large casinos in 1986. The first progressive slot machine was the famous Megabucks, developed by International Game Technology (IGT). Every ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West Virginia Lottery
The West Virginia Lottery is run by the government of West Virginia. It was established in 1984 via a voter referendum. It is a charter member of the Multi-State Lottery Association (MUSL). The Lottery offers games such as Lotto America, Powerball, Mega Millions, and scratch tickets. West Virginia has reinterpreted the amendment to its Constitution that permitted its lottery to include casinos, and thus the West Virginia Lottery Commission also regulates slot machines, which are marketed as "video lottery" and available at several hundred businesses; and five "lottery table games" casinos. Jack Whittaker, arguably the most notable American lottery winner, won his then-record Powerball jackpot of about $315 million (annuity value) on a ticket bought in West Virginia for the December 25, 2002 drawing. The minimum age to buy West Virginia Lottery tickets is 18, while casinos and slot machine parlors require patrons to be at least 21. The lottery has the lowest payoff of any stat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rhode Island Lottery
The Rhode Island Lottery (or ''The Lot'') is run by the government of Rhode Island. The modern form of the Rhode Island Lottery was inaugurated in 1974, following a constitutional amendment passed in 1973. It is a charter member of the Multi-State Lottery Association (MUSL). Rhode Island Lottery games include Mega Millions, Powerball, Wild Money, keno, and scratch tickets. Rhode Island also offers video lottery, which includes the multi-jurisdictional MegaHits game. The minimum age to play the Rhode Island Lottery is 18. History Lotteries played an important role in Rhode Island from the colonial period until the mid-19th Century. They were banned by the colonial legislature in 1732, only to be brought back in 1744. They continued, generally under control of the Rhode Island General Assembly, until being banned again in 1842. The lottery was reintroduced in 1974, as Rhode Island joined several states, including New Hampshire, New York, and New Jersey, in introducing state lott ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oregon Lottery
The Oregon Lottery is run by the government of the U.S. state of Oregon. It is a member of the Multi-State Lottery Association (MUSL). History The Oregon Lottery was authorized by Oregon Ballot Measure 5 which was passed by voters in the 1984 general election. The measure amended the Oregon Constitution to allow a state lottery to be created. The Lottery began in eventually offering two types of games: scratch-it tickets, and a drawing game, ''Megabucks''. The Lottery has introduced many games, while removing those that were not successful. In fiscal year 2006, the Lottery's sales reached $1 billion for the first time. Games offered The following games (including those retired) have been offered by the Lottery: * In 1985, Megabucks, an in-house jackpot game, was introduced. In 1990, Megabucks became the first US lottery game to give players a choice of lump sum or annuity, should they win the top prize. It has become Oregon Lottery's flagship game, and is referred to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Missouri Lottery
The Missouri Lottery is the state-run lottery in Missouri. It is a charter member of the Multi-State Lottery Association (MUSL). As of 2022, the lottery offers Powerball, Mega Millions, Cash4Life, Lotto, Show Me Cash, Pick 4, Pick 3, Cash Pop, Club Keno, scratchers, and pull-tabs. The minimum age to buy a ticket is 18. The lottery was approved by voters in 1984 with 70% of the vote; the first sales beginning in 1986. Over $7 billion has been earned from the lottery for education. History The Lottery began selling tickets January 20, 1986. An executive director oversees the organization and reports to a five-member commission that is appointed by the governor. May Scheve Reardon took over as Missouri Lottery executive director in December, 2009. In the beginning, Lottery proceeds were directed to Missouri's General Revenue fund. In 1992, voters approved Amendment 11, which earmarked proceeds for public education. All monies since July 1993 have gone to education programs. Pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kansas Lottery
The Kansas Lottery is a government organization run by the government of Kansas. It is a charter member of the Multi-State Lottery Association (MUSL). The mission of the lottery is to produce the maximum revenue for Kansas while insuring the integrity of its games. In November 1986, voters approved a constitutional amendment by 64% that authorized the creation of a government-run lottery, with the lottery then officially established when the Kansas Legislature passed the Kansas Lottery Act in 1987. All Kansas Lottery games have a minimum age of 18. The Kansas Lottery offers $1, $2,$3 $5, $10, $20, and $30 scratch tickets, plus $1 and $2 instant "pull-tab" games. It also offers the draw games Powerball, Mega Millions, Lotto America, Super Kansas Cash, Pick 3, 2by2, and Keno. Lottery products are sold at approximately 1,900 retailers. Kansas' newest draw game is the multi-state Lucky for Life, whose earliest version was a Connecticut-only game. The Lottery sponsors several race ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iowa Lottery
The Iowa Lottery Authority is run by the state of Iowa. It is a member of the Multi-State Lottery Association (MUSL), which administers games on behalf of the member lotteries. The Iowa Lottery portfolio includes Powerball, Mega Millions, Lotto America, Lucky for Life, Pick 3, Pick 4, plus numerous instant scratch ticket, InstaPlay and pull-tab games. The largest jackpot won in Iowa so far was in October 2018. Lerynne West of Redfield claimed a $343.9 million Powerball prize. West's ticket split the $687.8 million Powerball jackpot in the Oct. 27 drawing with a ticket purchased in New York. History Legislation creating Iowa's lottery was signed into law in April 1985; the Lottery began sales on August 22, 1985, with a kickoff celebration at the Iowa State Fair. The first product sold by the Iowa Lottery was an instant-scratch game called ''Scratch, Match and Win''; players bought more than 6.4 million tickets during its first week. Since the lottery's start in 1985, its players h ... [...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 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 MUSL; t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vermont
Vermont () is a state in the northeast New England region of the United States. Vermont is bordered by the states of Massachusetts to the south, New Hampshire to the east, and New York to the west, and the Canadian province of Quebec to the north. Admitted to the union in 1791 as the 14th state, it is the only state in New England not bordered by the Atlantic Ocean. According to the 2020 U.S. census, the state has a population of 643,503, ranking it the second least-populated in the U.S. after Wyoming. It is also the nation's sixth-smallest state in area. The state's capital Montpelier is the least-populous state capital in the U.S., while its most-populous city, Burlington, is the least-populous to be a state's largest. For some 12,000 years, indigenous peoples have inhabited this area. The competitive tribes of the Algonquian-speaking Abenaki and Iroquoian-speaking Mohawk were active in the area at the time of European encounter. During the 17th century, Fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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