lottery Bedeutung, Definition lottery: 1. a game, often organized by the state or a charity in order to make money, in which tickets with. Many translated example sentences containing "lottery" – German-English dictionary and search engine for German translations. Übersetzung im Kontext von „lottery“ in Englisch-Deutsch von Reverso Context: lottery ticket, won the lottery, lottery tickets, win the lottery, lottery number.
Übersetzung für "lottery" im DeutschDie National Lottery ist die größte Lottoagentur im Vereinigten Königreich und wird von der Camelot Group betrieben. Die Lizenz für das Ausrichten der Lotterie. Eine Lotterie ist ein Vertrag, der ein nach einem bestimmten Spielplan gegen einen festgelegten Einsatz mit der Aussicht auf bestimmte Geld- oder Sachgewinne veranstaltetes Glücksspiel zum Inhalt hat, dessen Ausgang auf dem Zufall beruht. Many translated example sentences containing "lottery" – German-English dictionary and search engine for German translations.
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Ready To Start Playing? A Better Way To Play The Lottery. The Kerala State Lotteries became an inspiration for other Indian states that started their own lotteries.
As of right now lotteries are available in Kerala , Goa , Maharashtra , Madhya Pradesh , Punjab , West Bengal , Assam , Arunachal Pradesh , Meghalaya , Manipur , Sikkim , Nagaland and Mizoram.
The public ban on lotteries in other states has not been very effective since several lottery providers allow Indians to play online. Some states have tried to combat this with different measures.
The state government of Tamil Nadu decided to ban GooglePay since it allows payments to online lotteries and awards its users in India with Scratchcards.
Indian lotteries provide a substantial economic boost for the states that provide them. In the fiscal year Kerala collected GST worth Rs crore and state revenue of Rs 1, crore.
The purchase of lottery tickets cannot be accounted for by decision models based on expected value maximization. The reason is that lottery tickets cost more than the expected gain, as shown by lottery mathematics , so someone maximizing expected value should not buy lottery tickets.
Yet, lottery purchases can be explained by decision models based on expected utility maximization, as the curvature of the utility function can be adjusted to capture risk-seeking behavior.
More general models based on utility functions defined on things other than the lottery outcomes can also account for lottery purchase.
In addition to the lottery prizes, the ticket may enable some purchasers to experience a thrill and to indulge in a fantasy of becoming wealthy.
If the entertainment value or other non-monetary value obtained by playing is high enough for a given individual, then the purchase of a lottery ticket could represent a gain in overall utility.
In such a case, the disutility of a monetary loss could be outweighed by the combined expected utility of monetary and non-monetary gain, thus making the purchase a rational decision for that individual.
The chances of winning a lottery jackpot can vary widely depending on the lottery design, and are determined by several factors, including the count of possible numbers, the count of winning numbers drawn, whether or not order is significant, and whether drawn numbers are returned for the possibility of further drawing.
In a simple 6-from lotto , a player chooses six numbers from 1 to 49 no duplicates are allowed. If all six numbers on the player's ticket match those produced in the official drawing regardless of the order in which the numbers are drawn , then the player is a jackpot winner.
For such a lottery, the chance of being a jackpot winner is 1 in 13,, In bonusball lotteries where the bonus ball is compulsory, the odds are often even lower.
In the Mega Millions multi-state lottery in the United States, 5 numbers are drawn from a group of 75 and 1 number is drawn from a group of 15, and a player must match all 6 balls to win the jackpot prize.
The chance of winning the jackpot is 1 in ,, The odds of winning can also be reduced by increasing the group from which numbers are drawn. In the SuperEnalotto of Italy, players must match 6 numbers out of Most lotteries give lesser prizes for matching just some of the winning numbers, with a lesser prize for fewer matches.
Although none of these additional prizes affect the chances of winning the jackpot, they do improve the odds of winning something and therefore add a little to the value of the ticket.
Lotteries, like any form of gambling, are susceptible to fraud, despite the high degree of scrutiny claimed by the organizers.
Numerous lottery scams exist. Some advance fee fraud scams on the Internet are based on lotteries.
The fraud starts with spam congratulating the recipient on their recent lottery win. Another form of scam involves the selling of "systems" which purport to improve a player's chances of selecting the winning numbers in a Lotto game.
These scams are generally based on the buyer's and perhaps the seller's misunderstanding of probability and random numbers.
Sale of these systems or software is legal, however, since they mention that the product cannot guarantee a win, let alone a jackpot.
There have also been several cases of cashiers at lottery retailers who have attempted to scam customers out of their winnings. Some locations require the patron to hand the lottery ticket to the cashier to determine how much they have won, or if they have won at all, the cashier then scans the ticket to determine one or both.
In cases where there is no visible or audible cue to the patron of the outcome of the scan some cashiers have taken the opportunity to claim that the ticket is a loser or that it is worth far less than it is and offer to "throw it away" or surreptitiously substitute it for another ticket.
The cashier then pockets the ticket and eventually claims it as their own. The BBC TV series The Real Hustle showed a variation of the lottery scam in which a group of scammers pretended to have won a lottery, but was prevented from claiming the prize as the person who wrote the name on the back of the ticket was supposedly out of the country on that date.
They were able to persuade a stranger to put up money as collateral in order to share in the prize pool.
On some occasions, the actual lottery draw itself has been compromised by fraudsters. The Pennsylvania Lottery scandal involved weighting balls in The Daily Number.
In the Hot Lotto fraud scandal software code was added to the Hot Lotto random number generator allowing a fraudster to predict winning numbers on specific days of the year.
In , Mohan Srivastava, a Canadian geological statistician, found non-random patterns in "Tic-Tac-Toe" tickets sold by the Ontario Lottery and Gaming Corporation.
Winnings in the U. In certain countries, mainly the U. The one-time payment cash or lump sum is a "smaller" amount than the advertised annuity jackpot, even before applying any withholdings to which the prize is subject.
Lottery annuities are often for a period from 20 to 30 years. Some U. According to some experts, choosing the annuity is better than opting for the lump-sum, especially for those who lack investment experience.
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