History of the Lottery

The practice of drawing lots and allocating property to beneficiaries dates back to ancient times. In the Old Testament, Moses is commanded to divide land by lot. The lottery was…

What is Lottery?

Lottery is a type of gambling in which numbers are randomly drawn. While some governments outlaw lotteries, others endorse them. Regardless of the legality of lotteries, they are still considered…

Gambling 101

In the context of betting, gambling is defined as placing a value on an event with an unknown outcome. A gambler must consider the prize, the risk, and the potential…