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The South Carolina Education Lottery (SCEL) began in 2002. South Carolina is a member of the Multi-State Lottery Association (MUSL), best known for Powerball. Like most US lotteries, on January 31, 2010, it participated in the cross-sell lottery expansion, adding Mega Millions. SCEL-only games consist of Pick 3, Pick 4, Palmetto Cash 5 and Cash ...
State lotteries have become a significant source of revenue for states, raising $17.6 billion in profits for state budgets in the 2009 fiscal year (FY) with 11 states collecting more revenue from their state lottery than from their state corporate income tax during FY2009. [10] Lottery policies within states can have conflicting goals. [11]
In gambling terminology lottery payouts are the equivalent of RTP (Returns To Players). A lottery operator's gross margin is 100% minus RTP. In the US, large lottery winnings generally are advertised as an annuity amount, paid in 20 or more installments; in most cases, a cash option is available. The cash option in the US can be 40–60% of the ...
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CHF 64.6 million (US$72.8 million) was the largest winner in Switzerland's Swiss Lotto, won on 2 March 2024. [81] £35.1 million (US$49.6 million) was the largest winner on the UK Lotto game in April 2016. €38.4 million (US$49.7 million) was the largest jackpot in the Netherlands draw of the Staatsloterij (State Lottery) in May 2013.
DC-5, Florida's Pick 5, Georgia Five, Louisiana's Pick 5, Maryland's Pick 5, Ohio's Pick 5, Pennsylvania's Pick 5, and Virginia's Pick 5 also do not truly fit this category, as they are five-digit numbers games with "straight" and "box" wagers played like many U.S. pick-3 and pick-4 games.
Titan Farms, a South Carolina company that supplies fresh and frozen fruits and vegetables to major U.S. retailers, illegally deducted political contributions and cleaning fees from more than ...
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