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87-595: The controversial lottery proposal was approved on August 31, 2005, after then-Lieutenant Governor Bev Perdue cast a tie-breaking vote in the North Carolina Senate . North Carolina , traditionally associated with the Bible Belt , was the only state on the East Coast without a lottery. The issue divided lawmakers and the public alike. At the time, the opposition of nearly every Republican and

174-405: A minority of Democratic lawmakers (consisting of progressives ) made the passage of a lottery unlikely. These groups denounced the lottery as a regressive tax on the poor. However, on August 30, 2005, two lottery opponents (Harry Brown, R- Jacksonville and John Garwood, R- North Wilkesboro ) had excused absences. With this known, a special vote was called, which was 24-24. Lt. Gov. Perdue cast

261-441: A Canadian or Super Yankee trying to pick five; these also include subsidiary bets. There are also other bets which are large combinations of singles, doubles, trebles and accumulators some of them are called Lucky 15, Lucky 31, Heinz, Super Heinz, Goliath. The term nap identifies the best bet of the day. Tote Ireland operates the following pools Bet types for harness racing (trotting): The Hong Kong Jockey Club (HKJC) operates

348-444: A bet involving two or more races. For example, a 1-all daily double wheel bets the 1-horse in the first race with every horse in the second. People making straight bets commonly employ the strategy of an "each way" bet. Here the bettor picks a horse and bets it will win, and makes an additional bet that it will show, so that theoretically if the horse runs third it will at least pay back the two bets. The Canadian and American equivalent

435-414: A fireball prize which is separate from the base game prize. Players can win multiple fireball prizes on the same ticket depending on the unique numbers selected. If a player wants to add fireball to their play, he/she must mark the spot on their ticket that says "add fireball". Doing so doubles the cost of the play and can be added to any pick 3 or pick 4 play type. Began on October 27, 2006, Carolina Cash 5

522-534: A group of 51 society lotteries across the United Kingdom with a common drawing and prize pool. Each drawing is held on behalf of one or more of the society lotteries, whose revenues go to support health-related causes in their respective area. The Health Lottery received criticism on launch for only pledging to donate 20.3% of ticket costs to charity, compared to the National Lottery's 28%, and that

609-423: A hypothetical event that has eight possible outcomes, in a country using a decimal currency such as dollars , each outcome has a certain amount of money wagered: Thus, the total pool of money on the event is $ 1028.00. Following the start of the event, no more wagers are accepted. The event is decided and the winning outcome is determined to be Outcome 4 with $ 110.00 wagered. The payout is now calculated. First

696-649: A lottery to raise money to purchase cannons for the defense of Philadelphia. Several of these lotteries offered prizes in the form of " Pieces of Eight ". George Washington 's Mountain Road Lottery in 1768 was unsuccessful, but these rare lottery tickets bearing Washington's signature became collectors' items; one example sold for about $ 15,000 in 2007. Washington was also a manager for Col. Bernard Moore 's "Slave Lottery" in 1769, which advertised land and slaves as prizes in The Virginia Gazette . At

783-403: A negative breakage may occur—for example, in horse racing when an overwhelming favorite wins (or shows or places). The parimutuel calculation results might call for a very small winning payout (say, $ 1.02 or $ 1.03 on a dollar bet), but legal regulations might require a larger payout (e.g., minimum $ 1.10 on a dollar bet). This condition is sometimes referred to as a minus pool. In an event with

870-440: A record for the largest lottery jackpot in U.S. history, with its 8 November 2022 draw having an estimated jackpot of US$ 2 billion. Parimutuel Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winning bets. In some countries it

957-419: A set of n possible single-winner outcomes, with wagers W 1 , W 2 , ..., W n the total pool of money on the event is W T = ∑ i = 1 n W i . {\displaystyle W_{T}=\sum _{i=1}^{n}W_{i}.} After the wagering company deducts a commission rate of r from the pool, the amount remaining to be distributed between

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1044-544: A way to raise public funding for projects, and this led to the popular belief that lotteries were a form of hidden tax. At the end of the Revolutionary War the various states had to resort to lotteries to raise funds for numerous public projects. The first big lottery on German soil was held in 1614 in Hamburg . In Austria the first lottery was drawn in 1751, during the reign of Empress Maria Theresia , and

1131-518: A year, they began to substitute the candidates names with numbers and modern lotto was born, to which both modern legal lotteries and the illegal numbers game can trace their ancestry. King Francis I of France discovered the lotteries during his campaigns in Italy and decided to organize such a lottery in his kingdom to help the state finances. The first French lottery, the Loterie Royale ,

1218-489: Is $ 50,000 (the top prize has a $ 250,000 liability limit for each drawing for each set of numbers) and is won by matching all five numbers in any order. The Double Play drawings take place before the Cash 5 drawings. The prizes for matching 2, 3, & 4 numbers on this feature are bigger than those in the main game with matching 2 numbers awarding $ 3, matching 3 numbers awarding $ 12 & matching 4 numbers awarding $ 500. This game

1305-527: Is a Malaysian company, which operates in the gambling sector. Founded and incorporated by the Malaysian Government in 1969, it was focused on the commercialisation of 4-Digits –based games. On 1 August 1985, the government in a non- tender privatisation , sold the company to businessman Vincent Tan who merged it into his Berjaya Group . Today, Sports Toto is a wholly owned subsidiary of Berjaya Sports Toto Berhad ( MYX : 1562), which

1392-436: Is a 5-of-5 winner sometimes reaching $ 1 million. Games cost $ 1 each ($ 2 with an add on feature ez match (which improves top prize odds to 1 in 84,000 & overall odds to 1 in 4.71) $ 2 with double play, and $ 3 with ez match and double play). Overall odds of winning: 1 in 10.51; odds of winning the top prize: 1 in 962,598. Players can also purchase up to 28 consecutive drawings on each purchase. Players must match at least 2 out of

1479-624: Is a national lottery. It is organized every year since 1812 by a branch of the Spanish Public Administration, now called Loterías y Apuestas del Estado. The name Sorteo de Navidad was used for the first time in 1892. The Spanish Christmas lottery is the second longest continuously running lottery in the world. This includes the years during the Spanish Civil War when the lottery draw was held in Valencia after

1566-413: Is determined by a set multiple of the outcome, for example $ 60 for a five horse boxed trifecta at one unit ($ 1)—or $ 30 at half unit (50c). If the bet is successful, the bettor will get either the full winning amount shown on the board, or half the winning amount. Under a flexi system the bettor can nominate their desired total wager, and their percentage of payout is determined by this wager's relationship to

1653-537: Is drawn nightly. Prior to May 14, 2016 the game Drew 5 numbers from 1–39 with starting jackpots at $ 50,000 Cash. On May 14, 2016 the matrix changed to 5/41 and the starting jackpot stayed at $ 50,000. Before the November 4, 2018 revision, The prizes for matching 3 and 4 numbers were parimutuel. As of Sunday, November 4, 2018, it draws 5 numbers from 1 to 43 & the prizes for matching 3 & 4 numbers became fixed prizes. Cash Jackpots begin at $ 100,000 and grow until there

1740-428: Is known as the tote after the totalisator , which calculates and displays bets already made. The parimutuel system is used in gambling on horse racing , greyhound racing , jai alai , and other sporting events of relatively short duration in which participants finish in a ranked order. A modified parimutuel system is also used in some lottery games. Parimutuel betting differs from fixed-odds betting in that

1827-643: Is listed on the main market of Bursa Malaysia . It claims to be the largest operator in Malaysia of 4D-based games, with 680 sales outlets offering a total of 7 games. The Mexican Lotería Nacional dates back to the late 18th century. The goal of the Lotería is to create jobs and to "impulse the wealth redistribution process". The Lotería is also a member of the North American Association of State and Provincial Lotteries. As measured by

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1914-406: Is operated by Allwyn Entertainment Ltd, who took over from the original operator Camelot Group in 2024. 28% of National Lottery revenue, along with all unclaimed prizes, are distributed as grants to charitable causes. 12% of the revenue from the National Lottery is expected to go to the government, 5% goes to lottery retailers, 5% is retained by the operator for operating costs, and 50% remains for

2001-424: Is the bet across (short for across the board ): the bettor bets equal sums on the horse to win, place, and show. A parlay, accumulator or roll-up consists of a series of bets in which bettors stake the winnings from one race on the next in order until either the bettor loses or the series completes successfully. In Australia, certain exotic bet types can be laid as "flexi" bets. Usually the price of an exotic bet

2088-468: The k winners, those who bet on outcome m will receive a payout of ( W R / k ) / W m for every dollar they bet on it. The parimutuel system was invented by French- Catalan entrepreneur and showman impresario Joseph Oller in 1867. The large amount of calculation involved in this system led to the invention of a specialized mechanical calculating machine known as a totalisator , "automatic totalisator" or "tote board", invented by

2175-589: The École militaire . Instrumental to the birth of the Loterie were Giacomo Casanova and the Calzabigi brothers (Giovanni and Ranieri). Casanova defended the project in a series of conversations with Madame de Pompadour , the French mathematician Jean d'Alembert , Joseph de Pâris Duverney, intendent of the École, and the French minister of foreign affair. Unlike modern lotteries where the state can never lose, in

2262-633: The Australian engineer George Alfred Julius . The first was installed at Ellerslie Racecourse , Auckland , New Zealand, in 1913, and they came into widespread use at race courses throughout the world. The U.S. introduction was in 1927, which led to the opening of the suburban Arlington Racetrack in Arlington Park , near Chicago, and Sportsman's Park in Cicero, Illinois , in 1932. Unlike many forms of casino gambling, in parimutuel betting

2349-664: The Gambling Act 2005 , the maximum amount which can be won by a single ticket is £500,000, or 10% of the total draw proceeds. A minimum of 33% of the ticket price from players' subscriptions supports various trusts, which in turn fund local and international charities and community projects. Some £850 million have been donated. People's Postcode Lottery has a number of celebrity ambassadors, including David Attenborough , Judi Dench , Shobna Gulati , Tim Healy , Stephen Jardine , Ellen MacArthur , Aggie MacKenzie , Carey Mulligan , John Stapleton and Emma Thompson . The lottery

2436-691: The Great Wall of China . From the Chinese Book of Songs (2nd millennium BC.) comes a reference to a game of chance as "the drawing of wood", which in context appears to describe the drawing of lots. The first known European lotteries were held during the Roman Empire , mainly as an amusement at dinner parties. Each guest would receive a ticket, and prizes would often consist of fancy items such as dinnerware. Every ticket holder would be assured of winning something. This type of lottery, however,

2523-516: The Virginia Company of London the right to raise money to help establish settlers in the first permanent English colony at Jamestown, Virginia . Lotteries in colonial America played a significant part in the financing of both private and public ventures. It has been recorded that more than 200 lotteries were sanctioned between 1744 and 1776, and played a major role in financing roads, libraries, churches, colleges, canals, bridges, etc. In

2610-736: The Western Canada Lottery Corporation (which serves Western and Northern Canada , excluding British Columbia ), and the British Columbia Lottery Corporation . The five regional lotteries are members of a consortium known as the Interprovincial Lottery Corporation , which administrates national games, including the flagship Lotto 6/49 and Lotto Max . The five lotteries offer draw games, scratch cards, and sports betting —the latter primarily under

2697-426: The commission or take for the wagering company is deducted from the pool. For example, with a commission rate of 14.25% the calculation is: $ 1028 × 0.1425 = $ 146.49. This leaves a remaining amount of $ 881.51. This remaining amount in the pool is now distributed to those who wagered on Outcome 4: $ 881.51 / $ 110.00 = 8.01 ≈ $ 8 payout for $ 1 wagered. This payout includes the $ 1 wagered plus an additional $ 7 profit. Thus,

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2784-721: The 1740s, the foundation of Princeton and Columbia Universities was financed by lotteries, as was the University of Pennsylvania by the Academy Lottery in 1755. During the French and Indian Wars , several colonies used lotteries to help finance fortifications and their local militia. In May 1758, the Province of Massachusetts Bay raised money with a lottery for the "Expedition against Canada". Benjamin Franklin organized

2871-555: The 17th century it was quite usual in the Netherlands to organize lotteries to collect money for the poor or in order to raise funds for a wide range of public usages. The lotteries proved very popular and were hailed as a painless form of taxation . The Dutch state-owned Staatsloterij is the oldest running lottery (1726). The English word lottery is derived from the Dutch noun "lot" meaning "fate". The first recorded Italian lottery

2958-791: The 2011 round 41. The main victory at that time was with 7 correct results and the smallest victory with three actual and one additional number, the number of which was reduced from three to two. The lottery return percentage is 41.1. Another lottery game played in Finland is Vikinglotto , which can be played in all Nordic countries as well as in Estonia , Latvia and Lithuania . In Vikinglotto, six actual numbers and two additional numbers out of 48 are drawn. There are five winning categories: 6 correct, 5 + extra number, 5 correct, 4 correct and 3 correct. In Finland, an average of six million euros in winnings go unredeemed each year. A national lottery

3045-690: The Australian government started their own lottery, named the 'Golden Casket Art Union', with the intention of raising money for charities and projects. Its first draw is credited with raising funds for veterans of World War One. Lotteries in Canada are administered by five regional organizations; the Atlantic Lottery Corporation (which serves Atlantic Canada ), Loto-Québec , the Ontario Lottery and Gaming Corporation ,

3132-514: The English lotteries ran for over 250 years, until the government, under constant pressure from the opposition in Parliament, declared a final lottery in 1826. This lottery was held up to ridicule by contemporary commentators as "the last struggle of the speculators on public credulity for popularity to their last dying lottery". An English lottery, authorized by King James I in 1612, granted

3219-463: The French lottery the state could lose, but a wise choice of the payoff made losses so improbable as to ensure a profit for the state. Although the English probably first experimented with raffles and similar games of chance, the first recorded official lottery was chartered by Queen Elizabeth I , in the year 1566, and was drawn in 1569. The 400,000 tickets issued cost 10 shillings (£0.50) each (roughly three weeks of wages for ordinary citizens), with

3306-541: The Lottery should have made up the difference. Live Lottery drawings are broadcast on these TV stations: There are no designated stations for the Florence/Myrtle Beach or Hampton Roads markets, both covering portions of North Carolina. This game began on October 6, 2006, as a game that was only drawn nightly prior to March 30, 2008. Carolina Pick 3 is drawn twice daily (prior to February 27, 2011, it

3393-571: The NCEL on January 31, 2010, as part of the cross-sell expansion with MUSL. Mega Millions is drawn Tuesday and Friday nights at 11:00 p.m. Eastern Time in Atlanta Georgia. Powerball began in 1992; NCEL joined on May 28, 2006. As of October 7, 2015, Players select five numbers 1 through 69, and the red Powerball (1-26). Jackpots begin at $ 40 million annuity. As of August 23, 2021, Drawings are Monday, Wednesday and Saturday. North Carolina

3480-501: The North Carolina education lottery has added fireball to its pick 3 and pick 4 games, replacing sum it up and 1 off. After each day and night pick 3 and pick 4 drawing the lottery draws one number from a separate machine that has 10 balls numbered 0-9 which is separate to each game. Players can use the fireball number to replace any one of the numbers drawn for pick 3 or pick 4 and create a fireball prize winning combination to win

3567-727: The Republicans were forced to relocate their capital from Madrid. After the overthrow of the Republican government the lottery continued uninterrupted under the Franco regime. Notable prizes on different continents are: (local currency) The first lottery in Australia took place in the 1880s in Sydney. It was a private sweepstakes that was quickly prohibited, despite being moved to other areas such as Queensland and Victoria. In 1916,

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3654-446: 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 to the organizer if insufficient tickets are sold. More commonly,

3741-542: The bettor. They may reduce their take from 15–18% to as little as 1–2%, while still generating a profit by operating with minimal overhead . There may be several different types of bets, in which case each type of bet has its own pool. The basic bets involve predicting the order of finish for a single participant, as follows: In Canada and the United States , the most common types of bet on horse races include: Win, place and show wagers class as straight bets, and

3828-620: The brand Sport Select . The largest single jackpot record in Canadian lottery history was a Lotto Max drawing on January 7, 2020, for a jackpot of $ 70 million. In Finland, Veikkaus began selling lottery tickets in December 1970, and the first draw was televised on January 3, 1971. The lottery turned 40 on January 3, 2011, and by then the lottery had been drawn 2,126 times. Since then, there has been one lottery draw every week. Lottery game time usually ends on Saturday at 9:45 p.m., and

3915-475: The draw is usually held on Saturday at 10:15 p.m. Large public holidays on Saturdays may postpone the draw to Sunday. The lottery has two official supervisors; from 3 January 1971 to 29 September 2013, the lottery was televised on Yle TV1 , and in October 2013, the lottery draws were postponed on MTV3 after ten evening news, because according to FICORA , the sponsorship cooperation between Veikkaus and Yle

4002-443: 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 regulations are prohibition of sale to minors and licensing of ticket vendors. 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

4089-427: The final payout is not determined until the pool is closed – in fixed-odds betting, the payout is agreed at the time the bet is sold. Parimutuel gambling is frequently state-regulated, and offered in many places where gambling is otherwise illegal. Parimutuel gambling is often also offered at " off track " facilities, where players may bet on the events without actually being present to observe them in person. In

4176-429: The first two or the last two columns (the two numbers selected in their specific location must match the two numbers drawn exactly to win a prize). The game pays up to $ 500. It's statistically harder to match the winning numbers in the exact order in the drawing so the prizes that the players can win on a "Straight" bet are bigger. Began on April 17, 2009, Carolina Pick 4 also is twice daily (prior to February 27, 2011, it

4263-520: The five numbers drawn in any order with the numbers on their cash five ticket for both the base game and the double play feature to win a prize. The payout for matching 2 of 5 numbers is $ 1; 3 of 5, $ 5; 4 of 5, $ 250, and the jackpot is parimutuel . On April 25, 2021, the NCEL introduced a Double Play add-on feature. This feature costs an additional $ 1 per play, and the Top prize in the Double Play feature

4350-527: The following common bet types and pools for horse racing. In Japan , horse racing (競馬, keiba ), velodrome cycling (競輪, keirin ), stock outboard powerboat racing (競艇, Kyōtei ), and paved flat track motorcycle racing (オートレース, Auto Race ) operate the following parimutuel types. Wager must be a multiple of 100 yen except Each-way. The following bet type are offered by the government-controlled betting agency Pari Mutuel Urbain (PMU). Tiercé, Quarté+ and Quinté+ bets are typically only offered on

4437-541: The form of money were held in the Low Countries in the 15th century. Various towns held public lotteries to raise money for town fortifications, and to help the poor. The town records of Ghent , Utrecht , and Bruges indicate that lotteries may be even older. A record dated 9 May 1445 at L'Ecluse refers to raising funds to build walls and town fortifications, with a lottery of 4,304 tickets and total prize money of 1737 florins (worth about US$ 170,000 in 2014). In

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4524-566: The full unit price. Using a five horse box trifecta, the bettor may wish to lay only $ 20 on the outcome. Their percentage of winnings is now calculated as $ 20/$ 60 = 33.3%. If the bet is successful, the payout will be 33.3% of the winning amount for a full unit bet. In recent times the "Roving Banker" variant for Trifecta and First4 betting is now offered. For a Roving Banker First4 the player selects one, two or three runners they believe will definitely finish 1st, 2nd, 3rd or 4th, and up to three selections as Roving Banker(s) with other runners to fill

4611-482: The gambler bets against other gamblers, not the house, which necessarily implies that the bank cannot be broken . The science of predicting the outcome of a race is called handicapping . Independent off-track bookmakers typically have a smaller take and thus offer better payoffs, but they are illegal in some countries. However, the introduction of Internet gambling led to "rebate shops". These off-shore betting shops promise to return some percentage of every bet made to

4698-561: The grand prize worth roughly £5,000. This lottery was designed to raise money for the "reparation of the havens and strength of the Realme, and towardes such other publique good workes", including the rebuilding of ports and new ships for the royal fleet. Each ticket holder won a prize, and the total value of the prizes equalled the money raised. Prizes were in the form of both "ready money" and valuable commodities such as silver plate, tapestries, and fine linen cloth. Additionally, each participant

4785-487: The lottery announced that the game would end with the Thursday, June 30, 2016, drawing. The lottery has ended the game because of its performance after citing that it would join the multi state Lucky For Life game earlier in the year. Lottery A lottery (or lotto ) 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

4872-713: The lottery's structure was designed to contravene British law regarding lotteries. In the UK, winning the lottery is correlated to expressing more preference for the Conservative Party . Winning larger prizes results in a larger shift in favor of the Conservative Party. People's Postcode Lottery is a subscription lottery in the UK. The format was introduced by Dutch company Novamedia BV : players pay at minimum £10 monthly to play, and winning postcodes are announced daily. In accordance with restrictions under

4959-657: The mandate of the NCEL. This controversial move by the Governor prompted North Carolina lawmakers on March 10, 2009, to propose a name change to the NCEL, to remove "Education" from its name. Originally, North Carolina's scratch tickets had an overall payout of 52%, the lowest among scratch tickets then available through US lotteries. While its $ 1 instant tickets continue to pay out at roughly this level, its newer $ 2-and-up games now have higher-percentage payouts. The Lottery has continued to generate controversy among North Carolina constituents upset with teacher layoffs who believed

5046-525: The modern-day stockbrokers for various commercial ventures. Most people could not afford the entire cost of a lottery ticket, so the brokers would sell shares in a ticket; this resulted in tickets being issued with a notation such as "Sixteenth" or "Third Class". Many private lotteries were held, including raising money for the Virginia Company of London to support its settlement in America at Jamestown. The English State Lottery ran from 1694 until 1826. Thus,

5133-462: The number of €20 tickets available was reduced from 180 million to 160 million, reducing the potential maximum prize pool to €2.24 billion (70% of ticket sales), with a maximum potential El Gordo of €720 million. A lottery was first held in Thailand (then known as Siam ) in 1874 during the reign of King Chulalongkorn (Rama V), as part of an international fair organised for his birthday. A lottery

5220-410: The odds on Outcome 4 are 7-to-1 (or, expressed as decimal odds , 8.01). Prior to the event, betting agencies will often provide an approximate pay-out figure for each given outcome should no more bets be accepted after the current time. Using the wagers and commission rate above (14.25%), an approximates table in decimal odds and fractional odds would be: In real-life examples, such as horse racing ,

5307-621: The outset of the Revolutionary War, the Continental Congress used lotteries to raise money to support the Colonial Army. Alexander Hamilton wrote that lotteries should be kept simple, and that "Everybody ... will be willing to hazard a trifling sum for the chance of considerable gain ... and would prefer a small chance of winning a great deal to a great chance of winning little". Taxes had never been accepted as

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5394-489: The pool size often extends into millions of dollars with many different types of outcomes (winning horses) and complex commission calculations. Sometimes, the amounts paid out are rounded down to a denomination interval—in California , Australia , and British Columbia , 10¢ intervals are used. The rounding loss is known as breakage and is retained by the betting agency as part of the commission. In some situations,

5481-567: The prize fund will be a fixed percentage of the receipts. A popular form of this is the "50–50" draw, where the organizers promise that the prize will be 50% of the revenue. Many recent lotteries allow purchasers to select the numbers on the lottery ticket, resulting in the possibility of multiple winners. The first recorded signs of a lottery are keno slips from the Chinese Han dynasty between 205 and 187 BC. These lotteries are believed to have helped to finance major government projects like

5568-510: The remaining place(s). A Roving Banker Trifecta is where the player believes that one or two runners will definitely finish 1st, 2nd or 3rd. The bet can be placed by picking the player's favourite runner to finish in any place within the bet and complete the Trifecta with any number of other runners to fill the other placing(s). The following pools are operated at meetings in mainland Britain: Exotic wagers are usually made on horses running at

5655-459: The remaining wagers as exotic bets. Bettors usually make multiple wagers on exotic bets. A box consists of a multiple wager in which bettors bet all possible combinations of a group of horses in the same race. A key involves making a multiple wager with a single horse in one race bet in one position with all possible combinations of other selected horses in a single race. A multi-race wheel (cf. wheel, above) consists of betting all horses in one race of

5742-576: The same track on the same program. In the United Kingdom , bookmakers also offer exotic wagers on horses at different tracks. Probably the Yankee occurs most commonly: in this the bettor tries to pick the winner of four races. This bet also includes subsidiary wagers on smaller combinations of the chosen horses; for example, if only two of the four horses win, the bettor still collects for their double. A Trixie requires trying to pick three winners, and

5829-408: The successful bettors is W R = W T (1 − r ) . Those who bet on the successful outcome m will receive a payout of W R / W m for every dollar they bet on it. When there are k possible winners, such as a North American "place" bet which has k = 2 winners, the total amount to be distributed W R is first divided into k equal shares. If m is one of

5916-446: The tiebreaking vote, signaling the way for Gov. Easley to sign it into law. The vote would have been defeated had the absent senators paired their votes. In February 2009, to reduce a budget shortfall, Gov. Perdue withheld approximately $ 88 million to fill shortfalls in the North Carolina budget. Perdue emptied the $ 50 million lottery reserve, also withholding $ 38 million allocated for a school construction budget in direct conflict with

6003-673: The top price now up to 32 million baht . Shrines of local folklore and popular religion , such as Nang Ta-Khian , are often propitiated in order to be lucky in the Thai lottery draw. The principal lottery in the United Kingdom is the National Lottery , a state-franchised lottery sanctioned by the Gambling Commission (formerly the National Lottery Commission ), and established in 1994. It

6090-492: The total prize fund of which 5% is diverted to a Super Draw fund, leaving 45% for normal prizes. Northern & Shell also operates a commercial lottery known as The Health Lottery , which distributes its revenue to support health-related charities and causes. To comply with the Gambling Act, which forbids other parties from operating a national lottery, The Health Lottery operates as an umbrella corporation representing

6177-539: The total prize payout, the Spanish Christmas Lottery is considered the biggest lottery worldwide. In 2012, if all of the tickets had been sold, the total amount payout of prizes would have been worth €2.52 billion (70% of ticket sales). The total amount of all prizes of the first category called El Gordo ("the fat one") was €720 million which was distributed among 180 winning tickets (billetes) that win €4 million each. For 2013, due to falling demand,

6264-514: The winner's life. The player who wins the top prize or the second prize ($ 25,000 a year for life) may also choose an available cash option for such annuity. On Nov 27, 2021, a player accidentally purchased 2 identical sets of numbers and won 2 $ 25,000/year for life prizes. Mega Millions is offered in 44 states, the District of Columbia , and the U.S. Virgin Islands. Mega Millions began as part of

6351-645: The world thanks to online lottery agents and bookkeepers. Some states have tried to combat this with different measures. The state government of Tamil Nadu decided to ban GooglePay since it allows payments to online lotteries and awards its users in India with Scratchcards . Indian lotteries provide a substantial economic boost for the states that provide them. In the fiscal year 2017–2018 Kerala collected GST worth Rs 908 crore and state revenue of Rs 1,691 crore. Lottery industry start operated in Malaysia on early 1969 by Berjaya Group . Sports Toto Malaysia Sdn Bhd

6438-464: Was among 23 participating states to offer this multi state game which started on October 19, 2014. players picked 5 #s from 1-52 for the white balls and 1 bonus number from 1-28. The top prize was $ 5,750,000 which was paid out in a financial annuity or the top prize winner may choose the lump sum of $ 4,000,000 for such annuity. The game was discontinued after the DEC 26, 2014 drawing due to poor sales. The game

6525-482: Was discontinued in 2016 in its entirety. This game began on September 7, 2014. The format of this game was the same as the Texas Lottery version of the game, similarly players got 2 sets of numbers on each panel for $ 2. The top prize on this game was a fixed top prize at $ 250,000 (with a $ 5 million liability limit). Other than the top prize for the game, there were 4 prizes: $ 500, $ 50, $ 10 & $ 2. In May 2016,

6612-423: Was drawn once nightly). Otherwise, it is similar to Carolina Pick 3, except it draws four digits. A "Combo" wager is a $ 4, $ 6, $ 12, or $ 24 bet depending on the combinations. A $ 1 "Straight" bet wins $ 5,000 if the numbers selected match exactly. The play type options for this game are the same as the pick 3 game. Players face the odds of 1 in 10,000 of winning the top prize on the straight play. On September 18, 2022,

6699-468: Was drawn only once Sundays). Carolina Pick 3 draws three balls, each numbered 0 through 9. Players can wager in 50 cent increments that the number drawn is in exact order, or in any order. Another option is "50/50", which is a $ 1.00 bet consisting of an "Exact" wager and an "Any" wager. The other options are "Combo", which is a $ 1.50, $ 3 or a $ 6 wager (depending on the number of straight combinations), and pair play which allows players to pick 1 number in either

6786-515: Was granted immunity from one arrest, "so long as the crime wasn't piracy, murder, felonies, or treason." The lottery was promoted by scrolls posted throughout the country showing sketches of the prizes. Thus, the lottery money received was an interest-free loan to the government during the three years that the tickets ('without any Blankes') were sold. In later years, the government sold the lottery ticket rights to brokers, who in turn hired agents and runners to sell them. These brokers eventually became

6873-481: Was held in 1539 and was authorized with the edict of Châteaurenard . This attempt was a fiasco, since the tickets were very costly and the social classes which could afford them opposed the project. Between 1757 and 1836, for a period of about 80 years with some interruption during the French Revolution , the French state ran a profitable Loterie . The project was born out a series of initiatives to fund

6960-677: Was held on 9 January 1449 in Milan organized by the Golden Ambrosian Republic to finance the war against the Republic of Venice . However, it was in Genoa that Lotto became very popular. People used to bet on the name of Great Council members, who were drawn by chance , five out of ninety candidates every six months. This kind of gambling was called Lotto or Semenaiu . When people wanted to bet more frequently than twice

7047-458: Was illegal. In the current lottery played in Finland, the player chooses seven numbers between 1 and 40 (initially, until the autumn of 1980, six numbers between 1 and 40 were chosen, then for a few years seven numbers between 1 and 37 and then seven numbers between 1 and 39). In the draw, seven numbers and one (previously three and then two) additional numbers are drawn; the line price is 1 euro. The profit categories were changed, for example, from

7134-729: Was named Lotto di Genova since it was based on 90 numbers. Spain offers a wealth of lottery games, the majority of which are operated by Loterías y Apuestas del Estado with the remaining lotteries operated by the ONCE and the Catalan government. The first Spanish lottery game was played back in 1763 and, over the last two centuries, playing the lottery in Spain has developed into a tradition. The Spanish Christmas Lottery (officially Sorteo Extraordinario de Navidad [soɾˈteo ekstɾaorðiˈnaɾjo ðe naβiˈðað] or simply Lotería de Navidad [loteˈɾia ðe naβiˈðað])

7221-518: Was no more than the distribution of gifts by wealthy noblemen during the Saturnalian revelries. The earliest records of a lottery offering tickets for sale is the lottery organized by Roman Emperor Augustus . The funds were for repairs in the City of Rome, and the winners were given prizes in the form of articles of unequal value. The first recorded lotteries to offer tickets for sale with prizes in

7308-515: Was organised in 1917 by the British government with Thai consent to help finance Britain's war effort. Lotteries were held intermittently until 1933, when they became regularised under the finance department. The present Thai lottery is managed by The Government Lottery Office, a state enterprise managed by the Ministry of Finance . The drawings take place on the 1st and 16th of each month, with

7395-1004: Was reintroduced in 1933. There are many lotteries in India. All lotteries are run by state governments but only 13 of the 28 Indian states allow them. The leader within Indian lotteries is the Kerala State Government that started their lottery department in 1967 following the country wide ban on private lotteries. The Kerala State Lotteries became an inspiration for other Indian states that started their own lotteries. As of right now lotteries are available in Kerala , Goa , Maharashtra , Madhya Pradesh , Punjab , West Bengal , Assam , Arunachal Pradesh , Meghalaya , Manipur , Sikkim , Nagaland and Mizoram . The public ban on lotteries in other states has not been very effective since several lottery providers allow Indians to play online. Indian players can play lotteries from all over

7482-548: Was released on November 17th, 2024. This game is played by picking 1 or more numbers (here called pops) from 1-15. The game offers 5 chances every day to win anywhere from 5-250 times the wager amount with one number drawn from 1-15 for each cash pop drawing. Lucky for Life is a lottery drawing game available in 23 states and the District Of Columbia. Players select 5 numbers from 1-48 and a sixth number from 1–18. Prizes range from $ 3 to $ 1,000 per day, every day, for

7569-476: Was the subject of a Channel 4 documentary, The Welsh Valley That Won the Lottery , about the residents of Rhymney who won in May 2022. Lotteries are operated at the state level in the U.S.; 45 states and 3 territories operate state lotteries, and nearly all of them are members of consortiums that operate regional games, and the two near-national games Mega Millions and Powerball . In November 2022, Powerball set

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