THE LOVERS OF THE LOTTERY

Trying to determine who plays the lottery is not an easy task. As we noted in his history and legislation of lotteries in Nigeria and the world, all people play. That is why lotteries, snapshots, chance, lotto, and other games are the world’s best-selling games. The rich man does it to try to satisfy and satisfy his greedy desire for profit. And so does the poor man in his attempt to realize the enormous, desperate and tragic desire to free from poverty.

So the conclusion that is reached is that there is no economic and social difference. From the one with a few pesos to the heftiest, all players define the lottery as the lucky step that allows them to increase their wealth or finally achieve financial resources.

However, it is possible to know in Nigeria how many are those who buy lottery. Although it is a detailed estimate, admits National Lottery Regulatory Commission of the total economically active population, between 15 and 70 years of age 40% play.

Now, it is essential to know the information about the amount sold in lottery tickets. This, according to data provided by NLRC, amounted to 200,000 million Naira, between ordinary and extraordinary draws. To check the Golden Chance Lotto Nigeria now.

It is essential to know how the lottery is paid to the favoured person. This is done according to the reward plan, and the money given to the public is directly proportional to the percentage of sales.

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The prizes then have the respective statutory discounts of 17 per cent tax on winners and 20 per cent withholding at source. For this concept, a little more than 11 billion was collected until October of this year.

How do people charge? Very easy. He comes up with the ticket, which is a bearer document and payable upon presentation. Of course, the lottery has a term to verify its authenticity, two or three days, and proceed to pay by check or cash. Also, respecting privacy it can be consigned to the winner’s account. You can  read more about the history of the lotteries in Nigeria

About RJ Frometa

Head Honcho, Editor in Chief and writer here on VENTS. I don't like walking on the beach, but I love playing the guitar and geeking out about music. I am also a movie maniac and 6 hours sleeper.

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