The Truth About Lotto
Before the lottery became a money-making machine, it was first known as a game of chance. Low-country towns held public lotteries to raise money for poor people and town fortifications. In fact, it is possible that the first recorded lotto was even older. A town record from 9 May 1445 in L’Ecluse, France, mentions a lottery in which four hundred thirty-four tickets were sold, each carrying a prize of twenty florins – equivalent to US$170,000 in 2014 dollars.
Lotto is a game of chance
While many people think that lotto is a game of skill, it is not purely random. The game of chance is a low-odds form of gambling where a random drawing is used to determine the winner. Some games of chance are used to make decisions, like allocating scarce medical resources, and lottery games are often regulated by government agencies. While a lottery may involve risk, its popularity has not dampened the popularity of gambling.
It’s a handjob
There’s a reason lotto is called “a handjob” – and it’s not just because players tend to rub their heads when they play. A male may ask a female how often she has sex and she might respond with “no.”
It’s tax-free
Many people think that winning the lottery is a tax-free way to spend their money, but that may not be the case. After all, winning the lottery is not as simple as you might think. Winning a big prize can leave you with a lot of money that you can’t spend on necessities. While donating to charity is tax-deductible, it can be difficult to decide which charities to support. There are a few things you can do to protect your assets and avoid financial problems.