Day: June 16, 2022
What Is a Lottery?
Lottery is a type of gambling involving the random drawing of numbers for prizes. It is regulated by a federal or state agency and is usually paid out in lump sums or as annual payments. The lottery industry has a long history. In the 15th century, the Dutch king of Flanders held his first state-sponsored lottery. The English lottery was held in 1569, two years after advertisements were printed. In the 18th century, it became a global phenomenon. Lotteries are a form of gambling that involves the drawing of numbers […]