How much does the government take out of a 5,000 instant lottery ticket?
357573
I think the maximum they could take is 25%, so I'd say $1250.
262906
First of all, you know that the total money collected was 57444 * 2, which is 114888.\n\nNext, you know that you have only 202 prizes.  Of those, three of them were valued: 2000, 1500 and 1000.  Keep in mind that after those three prizes, there are 199 prizes left, I'll get to that later.\n\nThe first three prizes will take a total of 4500 from the initial pot of 114888.\n\nNow, since each following prize is 5 less than the one before it, it is a summation of the next 199 prizes starting at an initial prize value of 1000 minus 5.  (Remember, each following was 5 less than the one before it.)\n\nSo, the summation is the sum of each value of the equation: (1000 - (5 * x)) where x starts at the value of 1 and increases to 199.  So this is the sum of: 995 + 990 + 985 + ... + 5.  The result of which is 99500.\n\nSo, 99500 + 4500 is the total amount paid out in prizes, being 104000.  Subtracting that from the initial intake of funds on $2 tickets leaves a total pure profit of 10888.\n\nNot a bad profit, it was almost like asking about one out of six of those people to just 'give' you one dollar. :)
471986
Basically any lottery with the word "International" or "Global" in it is a scam.\n\nLegitimate lotteries only operate within the particular territory they are licensed for (e.g. California, UK). They do *not* operate internationally or they would risk falling afoul of anti-gambling laws. For example, it is against US Federal Law to mail lottery tickets or money to purchase lottery tickets in interstate mail. US lottery winners have been prevented from claiming prizes for out of state lotteries.\n\nBecause of this you can safely assume any "international" lottery winning notice to be a scam. Most of the fake lottery scams are run by gangs from Nigeria. The fake lottery scam is a variant of the "419" scam. \n\nThis email message is a fake lottery scam. Consider the following facts about real lotteries:\n\nThey don't notify winners by email. \nYou can't win without first buying a lottery ticket. \nThey don't randomly select email addresses to award prizes to. \nThey don't use free email accounts (Yahoo, Hotmail, etc) to communicate with you. \nThey don't tell you to call a mobile phone number. \nThey don't tell you to keep your winnings secret. \nThey will never ask a winner to pay any fees to receive a prize!
493148
It is a scam.\nYou cannot have an international lottery as the gambleing laws differ in every country.\nThe scammers say it is "International" so as to cover every country.\nLotterys work like this:\n1)10,000 people pay 1 dollar/euro/pound/yen....etc\nThe lottery company now has 10,000\n\n2) the lottery company holds a draw and gives out 7,000 in winnings (and keeps the profit 3,000)\n\nScams work like this:\n-1)nobody pays money (there is no money to win)\n\n0)a scammer sends out 10,000 spam emails to tell people they have won a lottery they havn't entered.(they pretend they work for real lottery websites)\n\n2)The Scammer asks for your Personal details (be prepared! your inbox is going to be full of emails asking for you personally...and dont get me started on what they are gonna do with your Bank details!)\n\n3)The scammer tells you that you have to pay fees before you can accept the "winnings" (and NO,you cant pay out of the winnings! they dont exist!....silly maga)\n\n4)The scammer manages to con 3 people out of 1000 and gives all his profits to a charity for orphaned goats (he dosn't really...he keeps it ;) )\n\n5)Your inbox gets more mails than help@microsoft.com\nEverything from "You have won anotther sooperdooperlottry" to "CHAN U B A NEXT OF KIN" to "Please join our company,cash our checks,send us the money until your bank realises you are laundering money for us?)\n\nThe moral of the story is...If it sounds too good to be true... It probably is\nSource(s):\n\nwww.fraudwatchers.org\nI spoke to Bill Gates lastnight and he knows nothing about it...honest...I did!\n\nEdit   Delete
201374
I dont think so.\nhttp://www.national-lottery.co.uk/\n\nWe have had several infamous incidents of criminals winning the lottery. I believe the Government was considering changing the law to prevent criminal in jail from profiting but not sure if this ever happened.
462472
I assume you mean the lotto that is done through the ping pong ball machines.  This cannot be predicted due to the random selection of numbers.  For example if there are 50 numbers available and you need to pick 5, then there are 50 available for the first number then fourty nine for the second (because you already used one!)  Then fourty eight for the third...etc.  So mathematically your odds are 50*49*48*47*46 to 1.  That 254251200 to 1.
344961
It is a scam.\nYou cannot have an international lottery as the gambleing laws differ in every country.\nThe scammers say it is "International" so as to cover every country.\nLotterys work like this:\n1)10,000 people pay 1 dollar/euro/pound/yen....etc\nThe lottery company now has 10,000\n\n2) the lottery company holds a draw and gives out 7,000 in winnings (and keeps the profit 3,000)\n\nScams work like this:\n-1)nobody pays money (there is no money to win)\n\n0)a scammer sends out 10,000 spam emails to tell people they have won a lottery they havn't entered.(they pretend they work for real lottery websites)\n\n2)The Scammer asks for your Personal details (be prepared! your inbox is going to be full of emails asking for you personally...and dont get me started on what they are gonna do with your Bank details!)\n\n3)The scammer tells you that you have to pay fees before you can accept the "winnings" (and NO,you cant pay out of the winnings! they dont exist!....silly maga)\n\n4)The scammer manages to con 3 people out of 1000 and gives all his profits to a charity for orphaned goats (he dosn't really...he keeps it ;) )\n\n5)Your inbox gets more mails than help@microsoft.com\nEverything from "You have won anotther sooperdooperlottry" to "CHAN U B A NEXT OF KIN" to "Please join our company,cash our checks,send us the money until your bank realises you are laundering money for us?)\n\nThe moral of the story is...If it sounds too good to be true... It probably is\nSource(s):\n\nwww.fraudwatchers.org\nI spoke to Bill Gates lastnight and he knows nothing about it...honest...I did!
363431
Your only chance will be to hit the LOTTO with at price of at least $45,000 so after taxes you can keep 20,000.
312266
No.  It shouldn't do it through the lottery either.  It's just another way to raise taxes without admitting it
1134451
MAKE MONEY QUICK, EASY, AND LEGALLY!!!\n\n\nComments\n\nMONEY Turn $6 into $6000.00 in two weeks : HOW TO TURN SIX DOLLARS INTO SIX THOUSAND DOLLARS.\n\nREADING THIS COULD CHANGE YOUR LIFE! IT DOES WORK!\n\nI found this on a bulletin board and decided to try it. A little while back, I was browsing through newsgroups, just like you are now, and came across an article similar to this that said you could make thousands of dollars within weeks with only an initial investment of $6.00! So I thought, "Yeah right, this must be a scam", but like most of us, I was curious, so I kept reading. Anyway, it said that you send $1.00 to each of the 6 names and address stated in the article. You then place your own name and address in the bottom of the list at #6, and post the article in at least 200 newsgroups. (There are thousands) No catch, that was it. So after thinking it over, and talking to a few people first, I thought about trying it. I figured "what have I got to lose except 6 stamps and $6.00, right?" Then I invested the measly $6.00. Well GUESS WHAT!?... within 7 days, I started getting money in the mail! I was shocked! I figured it would end soon, but the money just kept coming in. In my first week, I made about $25.00. By the end of the second week I had : made a total of over $1,000.00! In the third week I had over $10,000.00 and it's still growing. This is now my fourth week and I have made a total of just over $42,000.00 and it's still coming in rapidly. It's certainly worth $6.00, and 6 stamps, I have spent more than that on the lottery!! Let me tell you how this works and most importantly, WHY it works... Also, make sure you print a copy of this article NOW, so you can get the information off of it as you need it. I promise you that if you follow the directions exactly, that you will start making more money than you thought possible by doing something so easy! Suggestion: Read this entire message carefully! (print it out or download it.) Follow the simple directions and watch the money come in! It's easy. It's legal. And, your investment is only $6.00 (Plus postage)\n\nIMPORTANT: This is not a rip-off; it is not indecent; it is not illegal; and it is 99%no risk - it really works! If all of the following instructions are adhered to, you will receive extraordinary dividends.\n\nPLEASE NOTE: Please follow these directions EXACTLY, and $50,000 or more can be yours in 20 to 60 days. This program remains successful because of the honesty and integrity of the participants. Please continue its success by carefully adhering to the instructions. You will now become part of the Mail Order business. In this business your product is not solid and tangible, it's a service. You are in the business of developing Mailing Lists. Many large corporations are happy to pay big bucks for quality lists. However, the money made from the mailing lists is secondary to the income which is made from people like you and me asking to be included in that list.\n\nHere are the 4 easy steps to success:\n\nSTEP 1: Get 6 separate pieces of paper and write the following on : each piece of paper "PLEASE PUT ME ON YOUR MAILING LIST." Now : get 6\nUS $1.00 bills and place ONE inside EACH of the 6 pieces of paper so the bill will not be seen through the envelope (to prevent thievery). Next, place one paper in each of the 6 envelopes and seal them. You should now have 6 sealed envelopes, each with a piece of paper stating the above phrase, your name and address, and a $1.00 bill. What you are doing is creating a service. THIS IS ABSOLUTELY LEGAL! You are requesting a legitimate service and you are paying for it! Like most of us I was a little skeptical and a little worried about the legal aspects of it all. So I checked it out with the U.S. Post Office (1-800-725-2161) and they confirmed that it is indeed legal.\n\nMail the 6 envelopes to the following addresses:\n\n\n#1) ANDREW BUNN\n149 PEREGRINE WAY\nDIVIDE, C
73616
If you got a spam eMail anouncing you won some money then it is most likely fake, don't reply and definatly don't give out any information if you have not played on that lottery.\n\nIf the eMail looked like the one below then I'm certain it's a scam. Also what lottery lets people win who have'nt even played?\n\n FROM:THE DESK OF THE MANAGING DIRECTOR\n     INTERNATIONAL/PRIZE AWARD DEPT\n\nREF:PL2/209318/09\n\nBATCH:18/103/HME.\n\nAttn:Dear Sir/Madam\nWe are pleased to inform you of the result of the\nLottery Winners International programs held on the\n23/7/2004. Your e-mail address attached to ticket\nnumber 653164251591-6011 with serial number\n7321410,batch number 7151085135,lottery ref number\n6376527711 and drew lucky numbers 4-9-17-36-44-78\nwhich consequently won in the 1st category, you have\ntherefore been approved for a lump sum pay out of\nUS$1.500,000.00  (One Million, Five Hundred Thousand\nUnited States dollars)\n\nCONGRATULATIONS!!!\n\nDue to mix up of some numbers and names, we ask that\nyou keep your winning information confidential until\nyour claims has been processed and your money Remitted\nto you. This is part of our security protocol to avoid\ndouble claiming and unwarranted abuse of this program\nby some participants. All participants were selected\nthrough a computer ballot system drawn from over\n40,000 company and 20,000,000 individual email\naddresses and names from all over the world. This\npromotional program takes place every year. \n\nThis lottery was promoted and sponsored by \nAssociation of software producers. we hope with part\nof your winning,you will take part in our next year\nUS$20 million international lottery. To file for your\nclaim, please contact our paying officer:\n\nContact Person:Mr.Paul Zimmerman\nTEL:+31 612 192 105\nEmail:adszix2005@yahoo.co.in\n\nRemember, all winning must be claimed not later than\n25th of February,2005. After this date all unclaimed\nfunds will be included in the next stake. Please note\nin order to avoid unnecessary delays and complications\nplease remember to quote your reference number and\nbatch numbers in all correspondence.\nFurthermore, should there be any change of address do\ninform our agent as soon as possible.\nCongratulations once more from our members of staff\nand thank you for being part of our promotional \nprogram.\nNote: \nAnybody under the age of 18 is automatically\ndisqualified.\n\nyours  Sincerely,\n\nMrs.Queensley Rhoda,\n\nFor Management.\n\n\n___________________________________________________________________________\nMail sent from WebMail service at PHP-Nuke Powered Site\n- http://blygen.net
1006327
under 5 dollars according to www.beckett.com
945136
Unfortunately, the lottery is only open to citizens from countries where there are low rates of migration to the US, to promote diversity. Citizens of the UK, Mexico, India and China, to name a few are not eligible.\n\nIt would have been great if you could join though, as most of you guys already speak better English than we do. LOL!
174417
win a huge lottery jackpot
568820
It is a scam.\nYou cannot have an international lottery as the gambling laws differ in every country.\nThe scammers say it is "International" so as to cover every country.\nIf you want to check a email you think might be a scam go to www.scamomatic.com\nLotterys work like this:\n1)10,000 people pay 1 dollar/euro/pound/yen....etc\nThe lottery company now has 10,000\n\n2) the lottery company holds a draw and gives out 7,000 in winnings (and keeps the profit 3,000)\n\nScams work like this:\n-1)nobody pays money (there is no money to win)\n\n0)a scammer sends out 10,000 spam emails to tell people they have won a lottery they havn't entered.(they pretend they work for real lottery websites)\n\n2)The Scammer asks for your Personal details (be prepared! your inbox is going to be full of emails asking for you personally...and dont get me started on what they are gonna do with your Bank details!)\n\n3)The scammer tells you that you have to pay fees before you can accept the "winnings" (and NO,you cant pay out of the winnings! they dont exist!....silly maga)\n\n4)The scammer manages to con 3 people out of 1000 and gives all his profits to a charity for orphaned goats (he dosn't really...he keeps it ;) )\n\n5)Your inbox gets more mails than help@microsoft.com\nEverything from "You have won anotther sooperdooperlottry" to "CHAN U B A NEXT OF KIN" to "Please join our company,cash our checks,send us the money until your bank realises you are laundering money for us?)\n\nThe moral of the story is...If it sounds too good to be true... It probably is
1177996
The probability of winning n times is the ratio of combinations of winners and losers among your tickets to the combinations of tickets drawn:\n(winners and losers of your 5 tickets) / (total drawings)\nC(5, n) * C(1995, 20 - n) / C(2000, 20), or\n[ 5! / (n! * (5 - n)!) ] * [1995! / ((20 - n)! * (1975 + n)!)] / [2000! / (20! * 1980!)]\n\nThe probability of winning 0 times is approximately 95.094%, so the probability of winning at least once is about 4.906%.\n\nThe probabilty of winning 1 time is approximately 4.812%.\nThe probabilty of winning 2 times is approximately 0.093%.\nThe probabilty of winning 3 times is approximately 0.001%.\nThe probability of winning 4 or 5 times is miniscule.\n\n[Edited below to add comment]\nThe misconception many people are having is that it's a straight 2000 tickets drawn each time.  In a drawing like this, once the first of the 20 winning tickets is picked, there are only 1999 tickets left from which to draw.  After the second winner is chosen, the remaining tickets become 1998.  You have to use combinations to get the correct probability, here.
774587
A winning lottery ticket.