UK Lotto - History and Benefits of this Lotto
Sports & Recreations → Hobbies
- Author Farah Levy
- Published November 10, 2010
- Word count 471
Whilst lottery games and competitions have been around for centuries, modern governments have only fairly recently started to recognize the money raising power that they represent. Despite all the negative people out there, major lottery competitions appear to do a lot more good than bad and raise funds for lots of good causes that would otherwise have gone unnoticed.
The British national lotto was not set up until late 1993, following an act of Parliament. An unbiased organization, Camelot, was selected to operate the lotto competition and does so even today, having recently renewed its 3rd "license" from the government.
Whilst the fact that a regular person has received a multi-million pound prize will normally gain probably the most publicity, it should be observed that since its inception at least 22million pounds has been raised by the British national lottery for good causes. 40 per cent of all ticket sales are distributed for the overall good, considering that 12 per cent represents lotto taxes or duties and 28 per cent of the funds are assigned to deserving causes. According to the organizer, these numbers represent the highest proportion of distributed revenue among major lotteries world wide.
Some of the highlights with the UK national lottery include the creation of eighteen millionaires in a single night during the millennium celebrations in 2000, the creation of the 1,000th millionaire, also in 2000, the creation of EuroMillions in 2004 in co-operation with France and Spain, the crowning of Angela Kelly as being the biggest ever winner in 2007 and also the announcement in late 2008 that over 22 billion pounds had been raised for good causes at that point.
It really is astounding to think that over 2,000 millionaires and multimillionaires have been created in the sixteen years since the UK national lottery was launched, and charities have not only taken advantage of the allocation of lottery revenues but the majority of winners also contribute sizable sums to their favorite causes also.
To stand the best chance of winning the jackpot, shrewd players choose to join a syndicate, as they are very well aware that one in four UK lottery winners are members associated with a syndicate. It is rather easy to subscribe online to join a syndicate without having to bother about the management and organization as well as the associated headaches, but to simply focus on winning and savoring your wealth!
The UK Lotto is viewed as a bedrock of British society. Participation, especially upon the weekends can be considered a habitual undertaking and many people regulate their weekend activities to make sure that they purchase their tickets and get together with friends and family to look at the drawing, heart in mouth. Few other countries are so intrigued by gambling as the British which is little wonder the national lottery happens to be just about the most successful out of them all.
The British National lottery was established in 1994 and has gained popularity ever since. During February 2002 eLottery established it's first online syndicate which had been the UK lottery. To see more regarding this click on our eLottery syndicate internet site.
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