Popular American lotteries

Us lotteries

History of American lotteries

Lotteries in America date back to the rise of England's colonies in the New World. This phenomenon has become an integral part in the history of building a new country..

During the reign of Elizabeth I, the desire to establish colonies on Novaya Zemlya turned out to be a failure. Therefore, under Jacob I, it was decided to attract money from people. One of the largest London company at the time, named “Virginia”, owned the right to lay the first colonies named after King Fort James (English version of the name Jacob). By order of Jacob I, this company organized the lottery. Such an action was supposed to make it possible to build and maintain colonies of settlers. The result was amazing. For several years in a row, lotteries have brought 8 thousand pounds.

Popular American lotteriesHistory of American lotteries – 1814 year

However, the colonial settlers were unhappy with, that lotteries are held only in England. Local authorities began to organize them.. FROM 1612 years, such lotteries are held annually. Capital, obtained from ongoing draws, helped establish the first American settlement of Jamestown in Virginia, or, what else was she called, Virginia. Later, the money was invested in social programs: school construction, hospitals, shelters, strengthening the army.

The lottery became popular, progressing in different directions and forms, as it was clear, that this is one of the most effective ways to replenish the budget for social development and military needs.

Already in the second half of the 19th century, the lottery brings the USA huge sums of money for social programs in twenty-four states.. For two centuries for money, from the lotteries, more than three hundred schools and medical institutions were built, two hundred temples, orphanages, libraries, globally recognized colleges and universities. People were happy, deciding, that participation in them is the business of every citizen of the country.

But there have been “black days” for American lotteries. Major scandals have occurred: dishonest organizers did not give winnings to the winners. Or even disappeared with the money in an unknown direction. The state has lost control over the process of collecting money. AT 1890 year, President Benjamin Harrison restricted lotteries, and soon they were completely banned.

Popular American lotteriesHistory of American lotteries – 1826 year

Congress introduced a law to obstruct and popularize the lottery in the country. AT 1892 year this law was approved at the level of the US Supreme Court. In the first year of the 20th century, lottery commerce was closed everywhere, outside of Louisiana. It had lottery draws for another six years..

After more than half a century, the lottery began to revive. AT 1964 year New Hampshire became the first state, who carried out the lottery drawing after a long ban. Just three years later, the state of New York joined the draws. And in the 70th year of the XX century, the state of New Jersey held a draw, wherein, for the first time, amounts were accepted automatically. Which was the impetus for the advancement of the modern online drawing.

Currently, more than 50 lotteries. Each state provides its own rules of the game, therefore, several draws can be carried out by one firm.

Features of the distribution of the lottery fund

Generally, lottery – extremely beneficial, on the money side, for organizers action. And since the organizer is usually some state company, therefore, the profit from the sale of lottery tickets goes to improve the social sphere, eg: kindergartens are being built with the money received, hospitals, universities, museums, stadiums, etc.

In addition, a certain payment in the form of tax is sent to the state budget from each major win.. We took the lotteries of America especially for review, because in the USA the tax system is wiser, compared to Europe or Australia. Tax rates in some places can reach the level in 50 percent. Such tax rates naturally alert the player, but remember, that only USA lottery jackpots reach truly outstanding heights (absolute world record, presently, belongs to the American Powerball lottery – 13 january 2016 of the year was played 1,5 billion. dollars). So even after paying all tax deductions, hand winnings remain solid.

It turns out, the state has no reason to restrict foreign citizens' access to national lotteries. However, the founders stipulate one point: the participant is obliged to independently pay all statutory taxes in his country, this responsibility lies with him. You also need to consider, that there are countries, in which gambling is prohibited. This mainly applies to those territories, where the population is Muslim.

Popular American lotteriesA non-resident of the United States has the right to play and receive winnings

On the Powerball lottery website, in the FAQ section, they ask: “Eligible for non-US residents to play and receive Powerball lottery winnings?”. The answer is yes with the only condition, that the participant is legally purchasing tickets, and he does not need to have a certain citizenship to acquire them. truth, in some states, local authorities have adopted regulations, and according to them, the winner must present the papers during the award ceremony, confirming citizenship. If none were found with him, other ways of withholding tax payments are being sought under state law.

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