Encyclopedia

lottery

Also found in: Dictionary, Medical, Legal, Idioms, Wikipedia.

lottery

1. a method of raising money by selling numbered tickets and giving a proportion of the money raised to holders of numbers drawn at random
2. a similar method of raising money in which players select a small group of numbers out of a larger group printed on a ticket. If a player's selection matches some or all of the numbers drawn at random the player wins a proportion of the prize fund
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Lottery

 

a voluntary form of revenue raising through the sale of lottery tickets; some percentage of the funds raised is raffled off in the form of money or other prizes. In one type of lottery, called a lotereia-allegri in Russian, lots are drawn immediately after a chance has been bought.

In the USSR lotteries are authorized by the Council of Ministers of the USSR or the council of ministers of a Union republic. In the first years of the Soviet power, lotteries were arranged by the local soviet or social organizations to attract funds from the population for cultural, educational, and other purposes. Since 1926 lotteries organized by various voluntary agencies, such as the Society for the Promotion of Defense and Aviation and Chemical Construction, the Red Cross, and the Red Crescent, have been popular. During the Great Patriotic War of 1941-45 funds were raised by state lotteries to finance the strengthening of the country’s defense. From 1958, state lotteries (including money or prize lotteries, sports lotteries, lotteries put on by the All-Union Voluntary Society for Cooperation With the Army, Air Force, and Navy of the USSR, and lotteries of works of art) are organized in the Union republics, with the income from these lotteries going to the state budgets of the republics.

In other socialist countries (for example, Bulgaria, Hungary, the German Democratic Republic, Rumania, and Czechoslovakia), money lotteries are conducted on a large scale. Local state agencies and social organizations also organize money lotteries.

In capitalist countries, lotteries are organized by municipalities, voluntary social agencies, and local institutions; some countries (Italy and France) conduct state lotteries.

The Great Soviet Encyclopedia, 3rd Edition (1970-1979). © 2010 The Gale Group, Inc. All rights reserved.
Mentioned in
References in periodicals archive
Lottery market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.
18 of this year, Taiwan Lottery proceeds have climbed to NT$90 billion, an increase of NT$12.2 billion over the NT$77.8 billion seen last year.
"This was done so as to obtain wrongful gain to themselves by way of non-remittance of sale proceeds to the public account of Sikkim and avail the same by conducting the sale of Sikkim lottery tickets in Kerala," it further said.
Lottery proceeds fund different programs according to each jurisdiction's guidelines and are dedicated to a variety of important causes, including education, environmental conservation, elderly care, tourism, economic development and more.
As such, the Association and its entire membership will assist the Working Committee for the Otumfuo Lottery Game to succeed.
This man from Baghdad bought tickets to the Oregon Megabucks lottery in August 2015 and won a $6.4 million jackpot.
Here's how you can play American lotteries from Kenya TheLotter uses local agents in the United States to buy official lottery tickets on behalf of its customers from all over the world.
This is a very special year for the National Lottery as we celebrate our 25th Birthday and the PS39bn awarded to more than 535,000 good causes since the launch of the National Lottery in 1994.
JONATHAN TUCHNER, 25th Birthday National Lottery Awards
Any organisation that has received National Lottery funding has the chance to gain nationwide acclaim by entering the 25th Birthday National Lottery Awards - the search for the UK's favourite ever National Lottery-funded projects.
Pursuant to it, IGT will provide the lottery with different products such as an updated lottery central system, many of its business intelligence tools, new point-of-sale and self-service lottery terminals, ongoing maintenance and retailer training.
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.