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Cancer treatment 'lottery' slammed
Tue, 1 Dec 2009 07:20:00 GMT
A cancer charity has slammed the "shocking" postcode lottery which means sufferers in some parts of the country have significantly less chance of survival
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Taking a chance
Tue, 1 Dec 2009 07:00:00 GMT
economy’s down and unemployment’s up. But neither seems to deter the number of Ohioans playing the lottery and hoping for their chance at a fortune. Actually, Colla said, a bad economy drives up lottery play. Nowhere in the Valley have people sought
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It`s a "Hot $100,000" For This Roanoke Woman
Tue, 1 Dec 2009 06:36:00 GMT
of Roanoke has a hot prize. She is the first player to win $100,000 in the Virginia Lottery's Hot $100,000 Scratcher game. It happened when Ms. Jackson and her daughter went to Stop In Food Store at 6767 Cloverdale Road in Roanoke. Her daughter said,
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Prince George Woman Matches Them All To Win $100,000
Tue, 1 Dec 2009 06:36:00 GMT
athleen Jones of Prince George is a very lucky person. She played the Virginia Lottery's Cash 5 game and matched all five numbers in the November 13 night drawing to win the top prize of $100,000. She bought the winning ticket at Prince
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South San Francisco woman claims $39M prize
Tue, 1 Dec 2009 06:20:00 GMT
SOUTH SAN FRANCISCO The $38.5 million Mega Millions lottery ticket bought at a Pak 'n Save a few weeks ago belonged to a South San Francisco woman. Lourdes Salinas walked into the state lottery office in South San Francisco
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Anchorage, AK Lottery – Is today your lucky day? Not if you don't play. Try your skill and play the lottery in Anchorage, AK.
Games of Chance in Anchorage, AK
You know how people say getting hit by lightning is a “million-in-one shot?” It’s actually closer to 244,000 to 1, over a lifetime of 80 years. The typical Anchorage, AK lottery jackpot is something like 500,000 to 1. That means you’re more likely to get hit by lightning twice than win the Anchorage, AK lottery jackpot. But who cares about math! You’re about to win a million bucks!
Strictly speaking, the lottery is a form of gambling that involves casting and drawing lots to win a prize. In some places it is illegal, and in others, like Anchorage, AK, the government endorses and may even organize it.
If you’re thinking of playing the Anchorage, AK lottery, make sure you have a set amount you’re willing to spend. You don’t want your whole paycheck to go to the state, do you? Be careful, and have fun!
Lotteries come in many formats. The prize can be a fixed amount of cash or goods. In this format there is risk to the organizer if insufficient tickets are sold. More commonly the prize fund will be a fixed percentage of the receipts. A popular form of this is the "50-50" draw where the organizers promise that the prize will be 50% of the revenue. Many recent lotteries allow purchasers to select the numbers on the lottery ticket resulting in the possibility of multiple winners.
The purchase of Anchorage, AK lottery tickets by large numbers of people is arguably economically irrational. However, in addition to the chance of winning, 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 monetary loss would be outweighed by the non-monetary gain, thus making the purchase a rational decision for that individual. That's right.
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