American Lotteries 4th of July Edition

American lotteries

America. Land of the free, home of the brave and home to the two of the largest lotteries on the globe- US MegaMillions and the Powerball.

There are over 44 main lotteries in US. Most states offer their own local state lottery (such as New York Lotto which belongs to the state of New York). As far as Multi States Lotteries, both the Powerball and the MegaMillions offer most states participation and logically promote far larger Jackpots!

 

In celebration of its independents, we at icelotto have decided to show case all there is to know about the fine All American tradition- the US Lotteries and simply what makes America so special!

 

A LITTLE BIT OF AMERICAN HISTORY

 

The legal separation of the Thirteen Colonies from Great Britain occurred on July 2, 1776, when the Second Continental Congress voted to approve a resolution of independence. The Official Declaration of Independence was announced on July 4th 1776 and thus the beginning of the United States of America came to be.

 

 

 

Gambling as a generalization has roots in the United States and other English colonies as far back as the 1600s. While lotteries were not only used as a form of entertainment, they were a revenue source to help fund the colonies. The financiers of Jamestown for instance, funded lotteries in order to raise money to support their colony.

Soon after, each of the 13 original colonies established a lottery system to raise revenue, and playing the lottery became a civic responsibility. Based on moral grounds, Evangelical reformers in the 1830s began denouncing lotteries and petitioned legislatures and constitutional conventions to ban them.

 

From 1844 to 1859 alone, ten new state constitutions contained lottery bans. By 1890, lotteries were prohibited in every state except Delaware and Louisiana.

 

4th of July independance

 

Flash forward to more modern times; the first modern US lottery game was formed in 1985 in Maine, New Hampshire, and Vermont. In 1988, the Multi-State Lottery Association (MUSL) was formed with Iowa, Kansas, Missouri, Oregon, Rhode Island, West Virginia, and the District of Columbia as its charter members; it is best known for Powerball, which was designed to create large jackpots.

Another joint lottery, The Big Game (now called MegaMillions), was formed in 1996 by six other lotteries as its charter members.

Instant lottery tickets, also known as scratch cards, were introduced in the 1970s and have become a major source of lottery profit.

 

THE US POWERBALL

 

 

US Powerball

 

 

In 1988, ‘Lotto America’, Powerball’s predecessor, was the game to play. In April 1992, Lotto America changed to become to our most beloved ‘Powerball’. Nowadays, the US Powerball is sold by 47 lotteries (44 states plus the District of Columbia, Puerto Rico and the U.S. Virgin Islands). The US Powerball is currently one the largest lotteries in the United States and has become a household name for avid lottery enthusiasts around the globe.

The minimum Jackpot begins at $40 million and history has proven that in such grand lotteries same as the US Powerball the minimum amounts will usually rollover at least few times. The biggest US Powerball jackpot amount to date was $590,500,000 and won in May 2013. Powerball currently holds the record for the largest jackpot ever won by a single ticket and second largest Jackpot in the world!

Make sure to check out the full articleWin the US Powerball all you need to know for more information.

 

THE US MEGAMILLIONS

 

The US MegaMillions has proven itself to be a mega house of Millionaires. It is an American multi-jurisdictional lottery game; it is offered in 44 states, the District of Columbia, and the U.S. Virgin Islands.

On May 15, 2002, Ohio and New York joined the consortium, when the game was renamed The Big Game Mega Millions, temporarily retaining the old name and the original “gold ball” logo.

 

 

 

the first MegaMillions Logo Big_Game_logo US MegaMillions lottery

 

 

The “Big Money Ball” became the “Mega Ball.” While the game’s name was altered, the yellow ball in the new Mega Millions logo continued to read “The Big Game” until February 2003, after which it was replaced with six stars representing the six original members of Lottery Association.

The first (The Big Game) Mega Millions drawing was held two days later on May 17. The first three lotteries to join Mega Millions were Washington (in September 2002), Texas (in 2003) and California (in 2005); California was the last addition to Mega Millions before the cross-sell expansion of 2010.

In early 2009 The New Jersey Lottery announced it would seek permission to sell Powerball tickets alongside Mega Millions. On January 31, 2010, Mega Millions expanded to include 23 Powerball lotteries. As of that date, 35 jurisdictions were participating in Mega Millions. On the same day, 10 existing Mega Millions-participating lotteries began selling Powerball tickets, for a then total of 43 lotteries.

More than 70 Million winning tickets were sold till this day and the largest MegaMillions Jackpot win the history of this American lottery was $656 Million on March 30th, 2012 with three jackpot-winning tickets. All three tickets had been claimed by April 18, with each set of winners choosing the cash option of $158 million (cash option provides 50% of the amount instead of yearly payments set).

You are invited to check All there is to know about the US MegaMillion’ for more detailed information.

 

 

VIVA LAS VEGAS

 

In the words of the king of Rock’nRoll, “VIVA LAS VEGAS” indeed!

 

 

Las Vegas, the Makah of all lottery and gambling fans. Its grand name in flashing lights, casinos and attractions are well known worldwide and the city holds the magical title “The Entertainment Capital of the World” for the obvious reasons. Gambling’s what this place is known for. If you come to town and don’t check at least one casino, well, why are you there really?

 

Established in 1905, Las Vegas was incorporated as a city in 1911. At the close of the 20th century, Las Vegas was the most populous American city founded in that century. The city’s tolerance for numerous forms of adult entertainment earned it the title of Sin City, and has made Las Vegas a popular setting for films, television programs, and music videos. Las Vegas gambling was legalized in 1931, offering avid gamblers the option of coming into town to seek their fortune along with business oriented entrepreneurs to take advantage of the all American dream to make it big!

 

 

Las Vegas

 

 

Nationwide, casino gambling is a $50 billion business. And 20 percent of that amount comes from just one state …Nevada. One third of all Nevada general tax revenue comes from state gambling taxes. Las Vegas is the 29th-most populous city in the United States, with a population of 603,488 at the 2013 United States Census Estimates.

 

 

LOCAL LOTTERIES

 

Besides having two major Multi State lotteries, each State also has its own local lottery which offers a lower Jackpot (as opposed to hundreds of Millions offered in lotteries such as the Powerball or MegaMillions). We chose to focus on one of icelotto’s favorite ones; The New York Lotto.

 

icelotto- new york lottery

 

 

On November 8, 1966, New Yorkers voted to approve a constitutional amendment authorizing a government-run lottery.

The New York Lottery began in 1967 as the third modern U.S. lottery. It has been an integral part of everyday lives supplying its residents with the golden opportunity of making a fortune by simply guessing correctly 6 numbers. Its first slogan was “Your Chance of a Lifetime to Help Education”. It has generated over $34 billion in aid to education revenue. Later on it was changed to its current slogan “Hey You Never Know”, which stuck till this day.

This is only the tip of the iceberg since there are also occasional raffles and scratch cards which can change your life in a single moment, such as this elderly woman on July 4th when trying her luck in the independents day lottery special raffle;

 

 

 

 

So next time you are about to choose your lottery, we hope you will keep in mind the above in favor of some of the biggest Jackpots and winners in the world. Wishing our American lottery fans happy 4th of July and Happy Birthday America!

 

 

 

 

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