Tag Archives: lotteries
Powerball Results Available Online
Powerball Results Available Online
Powerball, along with Mega Millions, are multi state lotteries that are extremely popular among lottery players. At present Powerball is played in 31 states, the District of Columbia and the US Virgin Islands. Powerball is a high jackpot game and the largest Powerball prize was $ 365 million. Drawings are held every Wednesday and Saturday and are widely televised. Recently the Multi-State Lottery Association announced that Powerball drawings will now be available on the internet.
Every Wednesday and Saturday tens of millions of Powerball players are looking for Powerball results and until now were limited to television and print media. Thanks to modern technology Powerball results will now be available online. The Multi State Lottery Association has partnered with technology company TinBu to provide online Powerball results. According to a press release TinBu uses patent-pending technology to provide interactive data products to leading online and wireless companies worldwide. TinBu has an impressive client list which includes AOL, Yahoo, Fox, CBS and many other companies.
Powerball maintains a studio at Universal Orlando Resort in Orlando Florida and TinBu has secured bandwidth through Navisite which will allow millions of Powerball players to check the latest Powerball results online. Rebecca Hargrove, chair of the Multi state Lottery Association’s Powerball Game Group stated, “We are pleased to be able to open another channel for our live Powerball drawings. Even though Powerball drawings are shown on nearly 100 television stations throughout the United States, the technology to add the live draws through the Internet will allow millions of additional players to watch the drawings, live or on demand.”
The internet streaming Powerball results will be launched in November 2009. The ability to check Powerball results online is sure to be a big hit with Powerball players everywhere. In the near future many other lotteries are expected to follow the lead of Powerball and players will be able to access results for these lotteries online.
Many European lotteries allow players to purchase online lottery tickets. The idea of allowing players to make an online lottery purchase has been wildly popular in countries that allow the purchase of online lottery tickets. In the US several state lotteries are considering a similar move and lottery officials in those states hope that sales of online lottery tickets will boost lottery generated revenues. Players would also have the ability to check for winning numbers from their home computers and mobile devices. Lotteries around the world are swiftly adopting 21st century technology.
All About Lottery Advertising and Economics
All About Lottery Advertising and Economics
How Much Do Lotteries Advertise?
In 1996 North American lotteries spend $400 million ($US) on advertising and received $34 billion in sales. Advertising expenditures accounted for 1.17 percent of total revenue. By contrast, in 1996 restaurant owners spent 3.2 percent of their revenues on advertising, beverage manufacturers spent 7.5 percent, cosmetics companies spent 8.8 percent, and candy makers spent 12.7 percent. Advertising accounts for less of the cost of a lottery ticket than virtually any other consumer product.
Why Isn’t Lottery Advertising Regulated By the Federal Trade Commission?
Lotteries are not subject to FTC regulation because they are operated by state governments, and the federal government cannot regulate state government programs. Unlike other products, however, lottery advertising is subject to review and restriction by governors and state and provincial legislators.
Who Regulates Lottery Advertising?
Lottery advertising is regulated by the states and provinces in which lotteries operate. Many have adopted formal laws, standards, or guidelines about what is and is not appropriate for advertising in their jurisdiction, and most states have elaborate review procedures to prevent potentially offensive advertising from appearing. In addition, the North American Association of State and Provincial Lotteries have established advertising guidelines to provide direction to member lotteries in developing their advertising standards. These guidelines are extensive and incorporate aspects related to compulsive gambling, beneficiary funding, and more.
Does Lottery Advertising Create Compulsive Gamblers?
Compulsive or pathological gambling arises as a result of some combination of biological and psychological factors predisposing an individual to addictive behavior. A person does not become a compulsive gambler simply because of lottery advertisement, just like a person does not become an alcoholic because he sees an advertisement for alcohol.
Do Lotteries Contribute to the Economy?
Lottery revenues contribute to the economy in a number of ways. Certainly that portion of lottery sales which return as prizes is simple redistribution, but revenues are also distributed to over 240,000 retail outlets as commissions, to the companies which supply lotteries such as ticket printers, data processing companies, advertising agencies, and delivery services, and most importantly, for the provision of goods and services through the programs lotteries were created to support.
If You Don’t Win Have You Wasted Your Money?
Lotteries are perceived by players as a form of entertainment, like a sports event or going to the movies, not as a financial investment. Winning a prize is not the only benefit of playing the lottery – the lottery also offers entertainment and also funds many state programs. Those who play the powerball lottery, or the mega millions lottery, or any of the many forms of lottery games, play not only because they want to win, but also because it is fun!
This information was found at www.naspl.org (North American Association of State and Provincial Lotteries)
Buying Online Lottery Tickets
At the present time most US state lotteries do not allow players to buy online lottery tickets. Most lottery experts say that in the very near future many state lotteries will offer players online lottery tickets.