the random method of selecting successful applicants for something, occasionally used when a new stock issue is oversubscribed
Wiktionary Definition for: Lottery
#A scheme for the distribution of prizes by lot or chance, especially a gaming scheme in which one or more tickets bearing particular numbers draw prizes, and the rest of tickets are blanks.
#(''figuratively'') An affair of chance.
#(''obsolete''; ''Shakespeare'') Allotment; a thing allotted.
CHICAGO--BUSINESS WIRE--March 25, 1996--The New Mexico Lottery awarded Andersen Consulting a $3 million contract to help administer the state's first-ever lottery. This marks the consulting firm's twelfth lottery engagement in the United States, and the eighth project that uses Andersen Consulting's Comprehensive Lottery Accounting and Information System ACCLAIMS.
Each year, millions of lottery tickets are purchased across the United States with only a handful of winners privileged to benefit from the fruits of their "Labors". For many American lottery players, there is a mental theory known as the "Gambling fallacy" in which the gambler often feels their continued...
Camelot is the operator of the UK National Lottery. Camelot's main objective is to maximize revenue for good causes and the government through lottery games in the most efficient and socially responsible way. At present, players can play the lottery via a retailer or by subscription. Camelot plans to offer...
PITTSBURGH -- H. J. Heinz Company (NYSE:HNZ) was made aware today of a lottery scam being run by a group called the Metropolitan Lottery Commission. The scam involves consumers receiving a fake Heinz check. Consumers should not send the requested $2,860 to an agency of the Metropolitan Lottery Commission at...
A $10 million revolving line of credit offered by JPMorgan Chase Bank was approved Thursday by the Oklahoma Lottery Commission in an effort to secure financing for staff and other operational expenses needed to reach implementation sometime later this year.
SACRAMENTO, Calif. -- Lottery officials are again looking in Orange County for the latest California Lottery SuperLOTTO Plus winner. A lucky winning streak has hit Orange County as Lottery players look over their tickets again for the winning combination -- 2, 20, 44, 13, 9 and Mega number 27. "This...
LAS VEGAS -- Shuffle Master, Inc. (NASDAQ Global Select Market: SHFL) announced today that it has been awarded the first Delaware State Lottery System multi-terminal video lottery machine contract which will result in placements of up to 44 units, or 220 seats, of its Table Master electronic table game platform....
Lottery problems run deep Editor: I read with great interest your brief editorial ``Get that fix'' in the Dec. 10 issue of Crain's. Powerball the multistate lottery will not save the Ohio Lottery from more financial difficulties, as the Power ...
LAS VEGAS -- Shuffle Master, Inc. (NASDAQ Global Select Market: SHFL) announced today that it has signed the Delaware State Lottery System multi-terminal video lottery machine contract. Under the terms of the contract, the initial placement consists of 54 units or 270 seats of our Table Master electronic table game...
In an effort to create accountability for the profits and expenditures of the new lottery commission, the state Senate voted 42-0 to pass Senate Bill 695.
Love it or hate it, the lottery is here to stay, and it apparently has biblical precedence. In Chapter 26, in the Book of Numbers (where else?), Moses used a lottery to award land west of the river Jordan.
OKLAHOMA CITY -- A measure seeking a statewide vote on a lottery has won approval on a voice vote in a Senate subcommittee after its author said it could rescue poorly funded schools.
- Senate to debate 'clean' lottery bill today --- A stripped-down bill that would renew the Kansas Lottery for another six years is scheduled for debate this afternoon by the Senate.
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