a plan in which an individual makes a payment in exchange for a chance to win a prize which is determined by a random drawing among entries received; illegal as a promotional tool for advertisers. See contest and sweepstakes.
a plan which provides for the distribution of money, property or other reward or benefit to persons selected by chance from among participants some or all of whom have been given consideration for the chance of being selected
To provide some financial support if a key employee or employees should resign after winning the National Lottery. The loss of a whole employee syndicate could have a devastating effect on your business.
raising money by selling tickets and awarding prizes to winning ticket holders. Many states have lotteries to increase money for the state treasury. Revenue is sometimes earmarked for a special purpose such as education or care of the elderly.
A form of legalized gambling administered by a state to raise revenue for various programs and activities. Lottery revenues may be designated for a specific purpose (such as education or universal prekindergarten in Georgia) or for general revenue. Back to the top
State and Federal law require students of a charter school to be chosen "randomly". After continuing students and those with legal preference are admitted, remaining students are chosen randomly by computerized lottery.
Lottery was the winner of the 1839 Grand National Steeplechase at Aintree, near Liverpool, England. Often stated as the first running of this famous race as it was the first to truly attract National interest in the United Kingdom. It was actually recorded by the press of the time as the fourth running but the previous three races failed to capture the imagination and were quickly forgotten.
A method authorized by Congress which was designed to provide an alternative to competitive hearings for allocating airwave spectrum space to competing applicants in various services; for example, wireless telecommunications, television, radio, etc.