A lottery is a form of gambling which is present in United States of America and in Europe. It is guided through the government and that is the reason why some countries do not have such a form of gambling because the government outlawed it, while in other countries it became a national lottery.

Ahead of the World War II this type of gambling was illegal, but in 1960 casinos and lotteries began to appear in USA and Europe and they were used as a means to raise revenue along with taxes.

Sometimes the lottery is described as a regressive tax. It’s called a “tax on stupidity” because of the minimal chances to win the big prize. Even if it’s used to describe this type of gambling, the phrase “tax” is just not strictly correct since these descriptions are used to make people realize that these games are government-sanctioned operations and they attract only folks who don’t realize that buying a lottery ticket is a simple economic decision.

Lotteries come in several formats. Some lotteries can give a prize which is according to money and a lot of them on goods.

Lottery tickets tend to be checked on the computer using mark sense-technology, which will check in less than one second if a combination of numbers was chosen by anyone.

Don’t think that the lottery was invented in 1960, after the World War II. Romans were first to play this game – this was a way to relax and amuse at dinner parties. The truth is the fact that it was different from nowadays lottery, because, even if guests were receiving some tickets (the prize often consisted of fancy items), Resource the ones who were unlucky received prizes, too. So, this sort of lottery was a kind of distribution of gifts by wealthy noblemen.