Simple English definitions for legal terms
Read a random definition: immediate annuity
A number lottery is a way for governments to raise money by selling tickets and giving prizes to people who have the winning numbers. The numbers are chosen randomly and if your ticket matches the winning numbers, you can win a big cash prize. There are different types of number lotteries, such as the Dutch lottery where the number and value of prizes increase with each class, and the Genoese lottery where players choose numbers and hope they match the five numbers drawn out of 90. Number lotteries have been around for a long time and are a popular way for people to try their luck and win big.
A number lottery is a type of lottery where tickets are sold and prizes are given to those who hold tickets with winning numbers that are drawn at random. This method is often used by state governments to raise revenue.
These examples illustrate how number lotteries work and the different variations that exist. In both cases, tickets are sold and numbers are drawn at random to determine the winners of the prizes. The Dutch lottery has a fixed and increasing number of prizes with each class, while the Genoese lottery has a set number of numbers to choose from and a set number of winners.