• Gambling

    What You Need to Know About the Lottery

    The lottery is a form of gambling in which numbers are drawn at random for a prize. Some governments outlaw it, while others endorse it and organize state or national lotteries. Some also regulate the sale of tickets and prohibit minors from participating. In the United States, the federal government and most states have laws that govern how the game is conducted.

    The first recorded signs of lotteries date to the Chinese Han dynasty between 205 and 187 BC. Later, the Romans used lottery-like games to raise funds for public works projects. The modern American lottery began in 1964 when New Hampshire became the first state to legalize a public lottery. Since then, the number of states that offer lottery-style games has grown to over 40. Some states even have multi-state games where players from different jurisdictions can participate.

    Lottery is one of the most popular forms of gambling and is a common source of income for states. However, there are some important things to keep in mind before you play. First, remember that the odds of winning are incredibly slim. The odds are based on the number of people who buy tickets and the types of numbers that are chosen. For example, a single number has a much higher chance of being drawn than a group of numbers. The odds of winning a jackpot-style game are also affected by the total amount of money raised from ticket sales.

    In addition, you need to be aware that lottery profits are often used for a variety of purposes. Some of the money goes to prizes, while others are used for marketing and administrative costs. Many states also use lottery revenue to fund gambling addiction programs and other state-based initiatives. Finally, there are a variety of other factors that can affect the odds of winning.

    A big part of the appeal of the lottery is its aspirational value. Winners are portrayed as happy and wealthy, which gives the lottery a sense of legitimacy and entices people to purchase tickets. These advertisements are often seen on TV, radio, billboards, and online. They are effective at reaching the audience because they appeal to their emotional desires and fear of missing out.

    While the lottery may not be a wise financial investment, it is still a popular pastime for many Americans. As a result, it contributes billions to state revenue each year. This money could be better spent on retirement, education, and other essential services. In addition, lottery participants as a whole contribute to the overall debt of their country.

    To increase your chances of winning, try playing a lottery with a lower grand prize and more winners. In addition, it is helpful to study the odds of each game before purchasing a ticket. In some cases, you can find detailed information on the odds on the back of the ticket. Lastly, you can also experiment with different scratch-off cards to see if there is a pattern in the winning numbers.

  • Gambling

    The HK Prize and Sigg Prize 2025

    The HK Prize is awarded to outstanding research conducted by Academy Fellows on any subject related to clinical practice and/or research in the specialties of medicine. It aims to encourage Academy Fellows to continue their research and develop their careers.

    The prize money is sourced from the HKJC’s overall prize pool, which includes profits from bets, taxation and other expenses. It is also supplemented by a number of external sources. This year, the prize fund has risen by 5.25 per cent, with Group Two races increasing by 5.6 per cent to HK$4.75 million and Class Three contests advancing by 4.7 per cent to HK$3.15 million.

    Races at 1600m and further will again carry a premium in prize money of 10% over contests over shorter distances next season, while the DBS x Manulife Million Challenge series will rise by HK$500,000 to HK$1.5 million. In addition, the Mark Six Lunar New Year snowball jackpot will be boosted to HK$188 million for a single winning unit.

    Six artists have been shortlisted for the 2025 edition of Hong Kong’s Sigg Prize, a biennial award given to Asian art professionals. The winner will be announced in December 2025, with all shortlisted artists having their work showcased in a future exhibition at M+. The jury of the award, which is named after Swiss art collector Uli Sigg, was composed of international art figures such as Maria Balshaw, director of the Tate museums in London; Gong Yan, artistic director of the Power Station of Art in Shanghai; Mami Kataoka, director of Tokyo’s Mori Art Museum; Glenn D. Lowry, director of the Museum of Modern Art in New York; and Chinese artist Xu Bing.

    US lawmakers from across party lines have nominated pro-democracy activists in Hong Kong for the Nobel peace prize, calling them “global inspirations in the face of a massive crackdown by Beijing”. In their letter to the Norwegian committee, the nine lawmakers cited estimates that more than 2 million people took part in protests on 16 June last year, making it one of the world’s largest mass demonstrations. They also noted that more democracy campaigners are expected to be convicted for their activism as Beijing’s National Security Law continues to be applied in the territory.

    The winners will be honoured at a ceremony in Oslo on 10 December. They will be presented with a diploma and a gold medallion. Among the nominees is Hong Kong activist Joshua Wong, who has been detained since then on charges of subversion. He and his family have said he will fight the case.

    The IPHS offers a number of awards at its biennial conferences to recognise excellence in scholarship on the history of East Asia. In addition, the IPHS has a Book Prize to honour exceptional academic works on Hong Kong studies. The current round of award winners can be found here. The next conference will take place at the University of Hong Kong in July 2024.