August 31st, 2007

More Things You (Probably) Didn’t Know About The Lottery

So you know now that the lottery has been around forever. I bet there are some other things that you didn’t know about the lottery.

Lottery and Corruption
Ever wondered why the lottery has had such a bad rap? Well I don’t know all the specifics but based on what I have read, by the end of the Civil War, there was nothing good going for the lottery and it was banned in most states, except Louisiana that is. The Louisiana Lottery Company was able to bribe the authorities very well and continued their operations, earning a whole lot of money, giving away loose change in prizes and to charity. This continued for 25 years until Congress finally put its foot down and banned multi-state lotteries in 1890.

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August 24th, 2007

Things You (Probably) Didn’t Know About The Lottery

No matter how long you have been playing the lottery, it just never gets old, does it?  Well at least for some people. There are also those people who pride themselves in knowing all about the lottery strategies, trivia, statistics, and all that. Yet here are some interesting facts about the lottery that you may not have heard of before.

Lotteries have been around for far longer that you may think.

If you know anything about the Bible, the Old Testament in particular, you would know that God ordered Moses to use the lottery to divide the land along the Jordan River. There are also other numerous mentions of the lottery (in their own form) in other books of the Bible.

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August 17th, 2007

Scottish Woman Wins the Euro Millions

An ordinary postal worker in Scotland has just suddenly surpassed the wealth of some of the most well known names around the world, including Princes William and Harry. Angela Kelly, a former postal worker in East Kilbride bought a Euro Millions lottery ticket for 1.50 a week before at Sainsburys. She found out she was a winner on Monday, overcoming the odds of one in 76 million.

At the moment, she seems to be really level headed saying that nothing much would change in their lifestyles, that is, her son’s and hers. He is finishing school soon and wants to be a fireman and that is what he is going to be, says Angela Kelly. As for herself, she does not want more than her newly fitted kitchen in her old flat and a decent modest saloon for a car.

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August 10th, 2007

So You’ve Won The Lottery?

This is it, the dream that countless people have always had. You just won the lottery big time! So what are you supposed to do next? You have heard of all those horror stories about lottery winners. There are countless variations, lost lottery tickets, winnings lost due to taxes and improper handling of the money, and more. Yet it does not have to be so. If you ever win the lottery, bear in mind these things and you will be better off.

First, keep your mouth shut. I know, your instinct would be to shout it from the mountain top and let the whole world know of your fortune. This would not be a good idea, though, at least until you take care of some things first.

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August 6th, 2007

Million Dollar Lottery Prize Unclaimed

The Illinois Lottery recently held a summer promo called Million Dollar Summer Raffle wherein only limited tickets were sold. Each of the 500,000 tickets were sold for $20. It was on the evening of Tuesday last week that the drawing was held, making four new millionaires in an instant. Five people became $100,000 richer while 500 people got $1,000 each. So what’s all the fuss about?

The holder of ticket number 0189067, from Madison County, has not come up to claim his or her prize as of yet. The winning ticket has been traced to the general store (Casey’s General) in Glen Carbon. Everyone is excited about the whole thing yet the main player has not shown up yet. He has up to a year from the drawing to do so and claim his prize. We can only surmise why he has not done so yet.

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July 30th, 2007

More Things to Do With A Lottery Ticket

Alright, I know some of you may not agree with me regarding my last post but I just couldn’t help it, here’s another installment on radical things you can do with a lottery ticket.

Why not pool together a group of parents from your kid’s school and form a lottery syndicate with them? If you already know of parents who play the lottery just like you do, it would be an easy matter to get them together. Of course, you have to have a different cause this time. Why not play the lottery as syndicate with the ultimate goal of donating your winnings to some educational or co-curricular activity that would benefit your children?

Do you have a friend or family member with a birthday coming up? Why not, in addition to your gift, insert a lottery ticket? It is pretty much the same concept as giving a ticket to charity, you are actually giving a gift with a lot of potential! Of course, it would be great if the friend or loved one you are giving the ticket to is someone who appreciates the lottery. Otherwise, it might not be a good idea.

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July 23rd, 2007

Things to Do With A Lottery Ticket

Let’s deviate from the numbers and all that math that people tend to focus on when talking about the lottery.  For you avid lottery enthusiasts out there, have you ever thought of revolutionary ways you could put a lottery ticket to use?  This post may strike others as funny, others useless.  It is up to you to decide but here are some different things we can do with a lottery ticket.

Do you go to convenience stores?  Probably yes, right?  If so, you’ve noticed those cans or boxes at the counter which serve as repositories for loose change that goes to charity.  How about adding a little twist?  Instead of merely giving your loose change, why not buy a lottery scratch card and put it in with your loose change?  It may be a long shot but you never know!

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July 16th, 2007

David Lee Edward’s Lottery Winner’s Story

We’ve all heard stories about how lottery winners become one day millionaires and in the end become worse off than they actually started. Yet many of those stories are nothing but urban legends. Here’s one man’s real story, David Lee Edwards, an ex-con who won in the 2001 Powerball.

According to a feature done on him this weekend, He moved to Palm Beach County with $27 million, his take after taxes from the winnings. He was 46 and had recently been laid off.

Flush with cash, Edwards bought the $1.2 million home in the BallenIsles community, a $240,000 Bentley and a $250,000 Lamborghini. Several months later, he married his fiance in Hawaii and bought her a $250,000 electric-blue Ferrari.

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July 9th, 2007

UK National Lottery

The UK National Lottery is the largest operating lottery in the country today.  It is also one of the most popular, if not the most popular lotteries in existence – at least in this part of the world.  It was launched in 1994 and has since then become one of the most favorite pastimes of British residents all throughout the country.  The Office of the National Lottery (OFLOT) was initially tasked with the operation of the UK National Lottery.  In April of 1999, however, the National Lottery Commission was handed the reigns and has since then overseen the lottery.

Today, the Camelot Group directly operates the National Lottery.  This group is composed of five shareholders and is in effect a private company.  It holds a second 7-year license to operate the lottery, which was granted in 2001.

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July 2nd, 2007

The North German Lottery

It has been said that the North German Lottery is one of the world’s oldest lottery with the highest winning odds.  Lucky for you then if you are German and play this lottery (more on this later).  This lottery is also known as NKL (Nordwestdeutsche Klassenlotterie).  So how old is this lottery?  It can trace its origins back to 1612 (wow!) and in fact, the current form has been in operation since 1947.

Why does the NKL have such high odds?  For one, the tickets to this lottery are limited.  They are in fact so popular that they run out so quickly!  More so, the way the lottery is set up, for every ticket you purchase, you have multiple chances of winning multiple prizes.  Of course, just like with other lotteries, the more tickets you buy the more chances you have of winning.  Some statisticians claim that if you buy 10 tickets, you have a 100% guarantee of winning at least 3 times (an average of 7 times).

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