Lottery Winners Make Large Charitable Donations

Posted on August 28th, 2010

Lotteries provide a lot of money for good causes. In most lottery states the money generated by lotteries is used to fund education and provide scholarships for economically disadvantaged students who could not attend college without the lottery funded scholarships. In Pennsylvania the state lottery funds veterans and senior citizen programs. The Pennsylvania lottery provides [...]

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The World’s Biggest Lotteries

Posted on August 17th, 2010

Lotteries are one of the oldest forms of gambling known to man. All across the ancient world lotteries were played. The construction of the Great Wall of China was partially financed through lotteries. The American Revolution was financed by various lotteries and venerable educational institutions such as Harvard and Princeton were started with lottery money.  [...]

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Lotteries Set to Go Online

Posted on August 10th, 2010

The worldwide market for lotteries is hugs and over 200 jurisdictions around the world have official lotteries. In 2009 industry experts say that total global lottery revenues totaled about $240 billion USD.  In the US where most states have lotteries total sales amounted to $52.4 billion in 2009 and are expected to rise in 2010. [...]

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