Lotteries in one form or another , have been around as long as people have lived in society.
Lotteries in one form or another , have been around as long as people have lived in society. The world of lottery probably derives from the Italian word lotto which means fate or destiny,
In the bible Moises used a lottery to distribute land around Jordan (Chinese Lottery) the popular game of Keno originated in ancient China around 3,000 years ago, originally set up by the government to raise funds for the construction of the Great Wall.
One of the oldest lotteries still in operation today was begun in Portugal in 1783. In 1567 Queen Elizabeth I instituted the first English state Lottery.
A common form of these bet lotteries was the ‘numbers’ games which proliferated throughout the urban areas of East Coast in America. Most ‘numbers’ games involved a combination of three digits which gave far greater odds of winning.
The government has the similar purposes of the lotteries for raising funds, Much of the money used to build the universities Harvard, Yale, Princeton and Columbia was raised by lotteries.
100 foreign lotteries are running and the countries such as France, England and Mexico have national lotteries. Most important for this growth has been the effective enforcement of regulations. The World Lottery Organization was formed in 1999 and has an international membership, 74 countries that oversee 136 different lotteries.
A lot of lotteries collectively bring in more than 0 billion in yearly revenue. In order to join the Organization a lottery must use the majority of its profits to benefit
the public good and must conform to the WLA Code of Conduct.
In Asia few people can’t expect to win in lotteries like in India. In Malaysia an old man wins in lotteries. There is a man work in other country to give his family a good life,
