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Sikkim lotteries result 2008-2009

Updated: 10/20/2022
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Q: Sikkim lotteries result 2008-2009
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Is the lottery good?

it sometimes depends because you can lose alot of money on it but if you win you can win alot of cash. its more on luck.Another answer:In the US, lotteries are run by state governments as a system to raise money. Lotteries always take in more than they pay out. In many states, the profit is used to fund education; in others, the profit goes into the state's general revenue.Lotteries are a way for states to get additional income without raising taxes. Taxes are unpopular and politicians who advocate raising tax rates are frequently voted out of office. Lotteries are more politically acceptable than taxes because they are voluntary--you don't have to play the lottery. In this respect, lotteries are called "a painless tax".The primary criticisms of lotteries are based on ethical principles. Lotteries encourage people to spend money on a long shot rather than save and invest their money. Since lotteries are designed to pay out less than they take in, the people who play the lottery, on average, always lose. The lottery always offers a negative return on investment. Consequently, lotteries have been called "a tax on people who are bad at math".Other critics point to the fact that lotteries are particularly popular among people in lower income ranges. These are the people who can least afford to lose money on a speculative investment. It is said that lotteries are a tax on the poor: a regressive tax. Lotteries discourage disadvantaged people from saving and investing, with the result that they are never able to lift themselves or their children out of the cycle of poverty, ignorance and dependence.


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Do you get any money for having 3 correct numbers?

It depends on the specific lottery you are referring to. In some lotteries, matching three numbers may result in a small prize, but the amount can vary. It's best to check the rules and regulations of the specific lottery you are playing to determine the prize for matching three numbers.