Who wants to be a millionaire?
Wednesday, March 19, 2014 - 13:11
in Mathematics & Economics
Lotteries of different kinds have been part of the human culture since remote times. Apparently, the initial idea was to use the money gained through the game to finance government projects. This seems to be how the Great Wall of China was built. Then, lotteries started to be used as a simple form of entertainment. The first known European lottery dates back to the Roman Empire and since then many countries have created different types of lottery. According to Scientific Games, an authority in the global lottery and regulated gaming industry, lottery sales worldwide totaled US$ 262 billion in 2011.