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- Examples of lottery are12:
- A lottery for units in a subsidized housing block or kindergarten placements at a reputable public school.
- A lottery for sports teams to determine their draft order or playoff seeding.
- A lottery for big cash prizes to paying participants, such as Mega Millions and Powerball, which are offered in nearly all jurisdictions that operate lotteries.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Some examples include a lottery for units in a subsidized housing block or kindergarten placements at a reputable public school. Two common, popular examples are those that occur in sports and those that dish out big cash prizes to paying participants.www.investopedia.com/terms/l/lottery.aspTwo major lottery games, Mega Millions and Powerball, are both offered in nearly all jurisdictions that operate lotteries, and serve as de facto national lotteries.en.wikipedia.org/wiki/Lotteries_in_the_United_States - People also ask
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