A lottery is a popular form of gambling which involves the drawing of lots for a prize. There are some states where lottery is forbidden but others endorse it to the extend of organizing a national lottery. Lotteries date back to the period of Romans. And it was common for emperors to give their dinner party guests gifts like slaves to lavish villas after drawings.
Two common lottery myths
- Lottery is tax
- Lottery take advantage of the poor economic strata of our society
Lottery facts
- In China lottery was first played to fund the Great Wall
- U.S. lotteries helped fund the Colonial Army in the Revolutionary War
- At one point of time many churches and universities such as Harvard, Yale and Princeton were funded in part by lotteries
Where does the Lottery revenue expenditure go?
- A good amount of lottery earnings is spend on economic development of the country
- Steps are taken to improve job opportunities
- Educational purposes
- Human resources
- Natural resources[environmental protection]
- Transportation
- Public health finance
- Keeping apart money to improve the economic development of a country, lottery gains also go to cancer organizations, child care canters and places where it is needed
Today, many religious and social organizations condemn lotteries saying that it’s a one way ticket to accumulating lots of wealth. Since lotteries lotteries tempt people to play with money and gain huge amounts back if they got lucky, it can easily become an addiction. Many individuals waste much money over lotteries and other gambling games without taking care of their families properly. This is unethical to a population of today’s society. Of course, it is not right to spend all the money you earn on lotteries. But by taking part in lotteries you contribute a little to the development of your own country. That’s why we say lotteries are not just about gambling. It’s a lot about winning and giving.
Bruce Bay
Bruce Bay is an article writer by profession and takes extreme pleasure in writing for casino related sites. He is an expert with online casino games and a is a professional in poker and bingo.
Website: www.egoldchips.com
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