Gambling has many forms. There have been a lot of ways to risk your money. Gambling has been always popular among folks. The oldest form of gambling could be said to be in the lottery.
Gambling has many forms. There have been a lot of ways to risk your money. Gambling has been always popular among folks. The oldest form of gambling could be said to be in the lottery. If you are not one of the gambling types you still have heard of a lottery. It is the most widely known gambling in every century. If you have not heard of it then you don’t belong to this any century. Every state has its own lottery table to loot the gamblers. It is the most profitable business anything could be. The lottery is all about luck and nothing else.
Lottery: An introduction
The lottery is based on luck. People who wish to participate in a lottery have to pay some money depending on the resulting amount as participation fees. The more the money you invest the more amounts you will get a winner. The decision of the winners is taken as a random chance. If the drawn output is same as the out you have chosen you get the amount. This lottery drives addiction out of oneself both in case if you win as well as in case if you lose. If you win the thought that let’s try your luck out will drive you while if you lose it would drive you to try once more to get the loosen money back.
A brief history
Records say that lottery dates back a game called Keno during the reign of Han Dynasty of China. Lottery tickets sold and the money collected through it was used to build the Great Wall of China. The authority always looted the public.
To increase the status the Romans at their dinner parties played the lottery and gifted them to the winner guest. This was done as an entertainment. This then was turned into a business. The lottery was used as a medium by Augustus Ceaser to collect funds to rebuild the city of Rome. Since then lottery was used to collect revenues. This step was taken because back then the taxes were really high and adding more to the tax would only angry the crowd. The lottery was used as an alternative to taking taxes.
Since then it is used by governments to make money. And it’s going ever since.
The lottery is the most wide form of gambling. Though, the lottery is not compulsory now unlike the history. It is also used to hide black money. If you don’t like the lottery you could see the poker online