Bookmark Website  | Free Registration  | The Team
The Lounge  | Champions  | The Wire |  Schedule |  Audio  |  Arcade  |  The Top Ten  |  Historical  |  Email  |  Video

States Lottery Basics


For those who dream of quitting their jobs and being independently wealthy, the lottery is an affordable way to take some chances and move toward a goal. Lotteries have been a great support to those aspiring to be great through the stroke of luck. The lotteries have been a source of income to the people who believe that the lady luck is on their side. Though based on sheer probability the game is all over America to the effect that with t $1 to $5 ticket you can win up to $100,000. This surely is tempting and thus is the charisma of lottery.

The different states of United States of America have different patterns of lotteries and they have different types of ceiling and winning amounts too. Many states allow the players lottery in advance. If they have a favorite set of numbers, they can pay in advance to have their numbers played in the same game for weeks in a row. With such discounted terms the people are allured in to betting on the favorite number over and over again. Thereby increasing their chances..

The high end lotteries are mostly interstate lotteries. There is a provision for the game to be spread over a number of states. The popular games like Powerball, Mega Millions and Hot Lotto have gained high following as they have been a source of very high rewards to the players. With the amount of prize money increasing, the chances of winning also multiply and thus many people are seen to follow the interstate extravaganza rather then local games. Over two thirds states in United States of America have different local games and they can make a person win up to $500 daily.

The whole concept of playing the game is about getting the nearest match to the number in your lottery. There is no trick involved. Its sheer luck and only luck that can get some return to the ticket buyer. The person has an incentive because the prizes may range from $5 to $100,000 and for a ticket of $1 to $5 who would not be driven to give in to the bet.

The lottery licensees are generous in many states but not in all at times the outflow in prizes may stretch up to 75 % of the collection. While keeping the matching concept of the lottery ticket the organizers dole out huge sums in prizes. In most cases the maximum matching ticket gets nearer to the Jackpot. The hundred percent match is the Jackpot winner. the prize would decrease as a ticket is remote from the drawn numbers.

The system is flawless as there are picking up machines that will decided the winning combinations and the machines have no human indulgence. At times the drawing of the number is shown live on television and thus they try to make it as transparent as possible. The system of carry over of the prize amount is also prevalent. The prize money of each lottery jackpot starts at one big amount say $100,000. this amount will grow up to the time until a person wins it. Thus the incentive to play at the later stages is far more then at the beginning. The prize money has reached an exorbitant $193 million in the state of California.

Another type of lottery is on the racecourse. Although there is a lot of glamour and lights are attached to the show but a common man is equally attracted towards it. The bets include the betting on the race time, the winner of the race to the favorite horse in the competition.

It can be seen that in all states of the United States of America the small tickets of $1 are fetching millions and lotteries have become a regular investment for some people. This is surely to remain a mainstay of people's aspiration. Wanna bet!

Mansi aggarwal writes about states lottery topics. Learn more at http://www.assortedlotteries.com.


MORE RESOURCES:

4 Reasons Blackjack Remains the World's Favorite Casino Gambling Game
Blackjack Champ
The casino gambler has almost unlimited options at their disposal. Given that, why is blackjack the most popular game? When most of us think of casinos, we think of the classic European table game of blackjack. Sure, there are other popular options ...



Chalkbeat Colorado

Ballot measure to allow casino gambling at racetracks gets green light
The Denver Post
A measure proposing to legalize casino gambling at the Arapahoe Park racetrack in Aurora received the green light Monday from Colorado Secretary of State Scott Gessler to appear on the November ballot. Based on a random sample of the 136,800 ...
Initiative #135 would legalize casinos at racetracks: Yea or neigh?Westword (blog)

all 8 news articles »


News 12 New Jersey

Racetracks push for casino gambling in plan to bring new life to racing
News 12 New Jersey
State horse racing operators are pushing for casino gambling to come to the racetracks, giving gamblers more ways to place bets. (7/29/14). EAST RUTHERFORD - State horse racing operators are pushing for casino gambling to come to the racetracks, giving ...



NJ May Be Ready To Roll Dice On Casino Gambling Expansion
Law360 (subscription)
Law360, New York (July 30, 2014, 9:10 PM ET) -- As pressure mounts for New Jersey to expand casino gambling beyond Atlantic City, lawmakers are considering putting the issue to voters before the end of an unofficial five-year moratorium, but questions ...



State should hold its horses on casino gambling
Glens Falls Post-Star
Moody's Investment Services recently downgraded the gambling industry from “stable” to “negative.” Eleven of the 15 states that have casino gambling have shown year over year declines in revenues. Moody's predicts revenues reported by states will ...



NBCNews.com

Editorial: Chasing the fool's gold of casino gambling
SILive.com
This Tuesday, Oct. 12, 2010 file photo shows the Trump Plaza Hotel Casino in Atlantic City, N.J. The owners of the Trump Plaza casino in Atlantic City say they expect to shut it down in mid-September. Trump Entertainment Resorts tells The Associated ...
Casino Expansion Proposal Riding On North-South Political DealNJ Spotlight
Opinion: Atlantic City casino shake-out could be devastating to troubled cityNJ.com
Atlantic City: Casinos, gambling and the economyDigiNews
New York Times -NorthJersey.com -Washington Post
all 265 news articles »


Boston Globe

Casino gambling, sick time, bottle bill and gas tax questions make ...
MassLive.com
BOSTON — Questions on casino gambling, mandatory sick leave, the bottle bill and a gas tax increase will all go before Massachusetts voters in November. Secretary of State William Galvin announced Thursday that the questions will go on the ballot in ...
4 Ballot Questions Before Mass. VotersNew England Public Radio
Mass. Announces Order Of Ballot QuestionsWAMC

all 50 news articles »


Longmeadow Town Manager Stephen Crane says repeal of casino gambling ...
MassLive.com
LONGMEADOW — Longmeadow Town Manager Stephen Crane, in response to a question on the matter, has offered his thoughts on the effect of the Massachusetts' Supreme Judicial Court's recent decision to allow state voters to decide the legality of ...



Dog racing, once doomed and propped up by casino gambling, comes to ...
al.com
MIAMI, Florida -- A mural-sized photograph at Flagler Dog Track celebrates the good old days, decades gone: Men and women in their finest clothes lean against the fence to catch a glimpse of the greyhounds, the stands emblazoned with red, white and ...



Genting bets on New York casino gambling
MiamiHerald.com
Malaysian gaming giant Genting Group — stymied so far in its bid to bring casino gambling to Miami — is pushing hard in New York, where it is competing to win casino licenses under a 2013 law that cleared the way for full-fledged gambling in the state.

and more »

Google News


Advertisement



Section Site Map - Submit News - Feedback - Comments - Advertise with Us

Copyright 2006 Luminati Inc. All rights reserved.