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In the United States, large portions of state-run lotteries are used to fund public education systems. The national Powerball lottery is one such example, as a portion of the proceeds are used to help students learn. Some private companies have also established their own lottery games, and these are generally regulated by the state in which they operate.
The first lotteries were created in France in the 16th century, and they soon spread to the rest of Europe. In the United Kingdom, lotteries became a popular source of funding for hospitals and other projects. Today, the UK is home to a number of major lotteries, including EuroMillions and the National Lottery. Other countries, such as New Zealand and Australia, have their own lotteries that are operated by governments.
Lotteries in the United States were made legal by an act of Congress in the early 19th century, and since then, they have grown to become a multi-billion dollar industry. In the late 20th century, instant tickets, or scratch-offs, were introduced and quickly became a major source of lotteries’ revenue. Today, there are more than 100 different instant tickets available nationwide, and the market is expanding to include video lottery terminals (or VLTs), which allow players to place bets on a variety of games using a touch-screen display.
VLTs are similar to slot machines, except they use a central computer system to manage the game’s data and provide winning combinations. The technology has changed the way that lotteries are played, and the games have become more sophisticated. Many of the machines have a variety of betting options, and many offer multi-player capabilities.
The Vietnamese state-run Vietlott lottery company has announced that two people will share Thursday’s jackpot of more than US$12.4 billion. The two winners are from Ho Chi Minh City and Ba Ria-Vung Tau Province.
Lottery games are a popular pastime worldwide, and their history dates back thousands of years. They were originally designed to be entertainment and are based on chance, with the odds of winning the top prize being very low. Many of the world’s oldest casinos feature lottery games, with some even having a dedicated room for the activity.
PORTLAND, Ore. — A Laotian immigrant will share hundreds of millions of dollars with a friend after winning a huge Powerball jackpot earlier this month. The prize, $1.3 billion after taxes, is the fourth largest in Powerball history. Cheng Saephan of Portland, Oregon, says he’ll give half the prize to his wife, Duanpen, and the other half to an Iu Mien friend who helped him win the big prize.
Sources in the communist country of Laos say lottery officials are rigging the system to avoid large payouts. Drawings in the nation’s lottery often show numbers that disappear from purchased tickets or are deemed unlucky, RFA’s Lao Service reports. For instance, the winning number 509 in Oct. 14’s drawing appeared only as a 5 on tickets sold throughout the day, but then changed to 09 minutes before the drawing began.