Lottery

A lottery is a form of gambling which involves the drawing of lots for a prize. Lotteries are outlawed by some governments, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of regulation of lottery by governments. Though lotteries were common in the United States and some other countries during the 19th century, by the beginning of the 20th century, most forms of gambling, including lotteries and sweepstakes, were illegal in the U.S. and most of Europe as well as many other countries. This remained so until well after World War II. In the 1960s casinos and lotteries began to re-appear throughout the world as a means for governments to raise revenue without raising taxes.

Lotteries come in many formats. For example, the prize can be a fixed amount of cash or goods. In this format there is risk to the organizer if insufficient tickets are sold. More commonly the prize fund will be a fixed percentage of the receipts. A popular form of this is the "50–50" draw where the organizers promise that the prize will be 50% of the revenue. Many recent lotteries allow purchasers to select the numbers on the lottery ticket, resulting in the possibility of multiple winners.

Lottery (film)

Lottery is a 2009 Bollywood thriller film released in 2009 starring Abhijeet and Rucha Gujarathi in title roles while some ensemble cast have supporting roles. The movie is produced by Govind Satnam, directed by Hemant Prabhu and story is written by Aadesh K. Arjun.

Plot

The movie revolves around "love triangle". The male is attracted to two females and wins a lottery. To win again, he must consider killing one of the two females.

Cast

Soundtrack

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Lottery (probability)

In expected utility theory, a lottery is a discrete distribution of probability on a set of states of nature. The elements of a lottery correspond to the probability that a certain outcome arises from a given state of nature. In economics, individuals are assumed to rank lotteries according to a rational system of preferences, although it is now accepted that people make irrational choices systematically. Behavioral economics studies what happens in markets in which some of the agents display human complications and limitations.

Choice under risk

According to Expected Utility Theory, people choose among risky alternatives or scenarios using a criterion that combines three dimensions: the subjective estimate of the probabilities of the possible outcomes, the gambling preferences, and the ranking of prizes and penalties. The combination of the last two dimensions is made through a utility attached to them by a function called Bernoulli utility. Then this abstract measure is combined with the dimension of subjective probabilities exactly through a linear combination of each of these Bernoulli utilities. The weights for these linear combination are the subjective probabilities.

Washington, Tyne and Wear

Coordinates: 54°54′N 1°31′W / 54.90°N 1.52°W / 54.90; -1.52

Washington is a town in the City of Sunderland, in Tyne and Wear, England, and part of historic County Durham. Washington is located geographically at an equal distance from the centres of Newcastle, Durham and Sunderland, hence it has close ties to all three cities.

Washington was designated a new town in 1964; it expanded dramatically, by the creation of new villages and the absorption of areas of Chester-le-Street, to house overspill population from surrounding cities.

At the 2011 census, its urban subdivision (which contains the neighboring settlement of New Herrington) had a population of 67,085.

Name

Early references appear around 1096 in Old English as Wasindone. The etymological origin is disputed and there are several proposed theories for how the name "Washington" came about. Early interpretations included Wasindone (people of the hill by the stream, 1096), or Wassyngtona (settlement of Wassa's people, 1183).

Washington (footballer)

Washington Stecanela Cerqueira, or simply Washington (born April 1, 1975 in Brasília), is a retired association footballer who played striker.

Career

In Turkish league 2002–2003 season he scored 10 goals in 17 games and then he was released by Fenerbahçe because of his health problems.

Washington was submitted to a coronary catheterization. Once recovered, physicians told him that playing football would not represent a risk to his condition. Then he signed with Atlético Paranaense where he was 2004 Série A top-scorer with 34 goals and broke the league's record. For his recovery, he was dubbed Coração Valente, the title of the movie Braveheart in Brazil.

In 2005 he moved to Japan to play for Tokyo Verdy in the J. League Division 1. He had a successful season there with 22 goals in 33 games but could not save his club from relegation. In 2006 he transferred to Urawa Red Diamonds and helped the Reds win their first ever J. League Division 1 title, becoming the top scorer in the league with 26 goals in 26 games. In 2007, he became 2007 FIFA Club World Cup top scorer and his team finished in third place.

Washington Railroad Station

Washington Railroad Station, was located in Washington, New Jersey. The station was built in 1900 and added to the National Register of Historic Places on July 3, 1979. The station was demolished in 1982.

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References