Definitions for Lotteryˈlɒt ə ri

This page provides all possible meanings and translations of the word Lottery

Princeton's WordNetRate this definition:(0.00 / 0 votes)

  1. lottery(noun)

    something that is regarded as a chance event

    "the election was just a lottery to them"

  2. lottery, drawing(noun)

    players buy (or are given) chances and prizes are distributed by casting lots

WiktionaryRate this definition:(0.00 / 0 votes)

  1. lottery(Noun)

    A scheme for the distribution of prizes by lot or chance, especially a gaming scheme in which one or more tickets bearing particular numbers draw prizes, the other tickets are blanks.

  2. lottery(Noun)

    An affair of chance.

  3. lottery(Noun)

    Allotment; a thing allotted.

  4. Origin: from lotteria, from the same root as hlot (cognate with lot)

Webster DictionaryRate this definition:(0.00 / 0 votes)

  1. Lottery(noun)

    a scheme for the distribution of prizes by lot or chance; esp., a gaming scheme in which one or more tickets bearing particular numbers draw prizes, and the rest of tickets are blanks. Fig. : An affair of chance

  2. Lottery(noun)

    allotment; thing allotted

  3. Origin: [Lot + -ery, as in brewery, bindery.]

FreebaseRate this definition:(0.00 / 0 votes)

  1. Lottery

    A lottery is a form of gambling which involves the drawing of lots for a prize which may be a certain amount of money and is taxable if over a certain amount depending on the country and or state the lottery was drawn. Most lottery expenditures go to various institutions, primarily public school systems. Lottery is 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. At the beginning of the 20th century, most forms of gambling, including lotteries and sweepstakes, were illegal in many countries, including the U.S.A. and most of Europe. This remained so until after World War II. In the 1960s casinos and lotteries began to appear throughout the world as a means to raise revenue in addition to 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.

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