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Massachusetts State Lottery Commission
The Massachusetts Lottery was established on September 27, 1971, following the legalization of gambling by the Massachusetts General Court, the legislature of the Commonwealth. The Lottery is administered by the Massachusetts State Lottery Commission. It is a member of the North American Association of State and Provincial Lotteries (NASPL) since 1972. As with most U.S. lotteries, lottery games in Massachusetts require players to be at least 18 years old. Drawings are broadcast on WBZ-TV (channel 4) the CBS-station in the Boston television market. Massachusetts State Lottery Commission The Massachusetts Lottery is run by the Massachusetts State Lottery Commission (MSLC). The MSLC has five members: *the Treasurer and Receiver-General of Massachusetts, who serves as Chair of the MSLC *the Secretary of the Massachusetts Department of Public Safety *the Comptroller, who serve on an ex officio basis *two other members, appointed by the Governor A Director of the Lottery is app ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Massachusetts General Court
The Massachusetts General Court, formally the General Court of Massachusetts, is the State legislature (United States), state legislature of the Commonwealth (U.S. state), Commonwealth of Massachusetts located in the state capital of Boston. The name "General Court" is a holdover from the earliest days of the Massachusetts Bay Colony, when the colonial assembly, in addition to making laws, sat as a judicial Appellate court, court of appeals. Before the adoption of the state constitution in 1780, it was called the Great and General Court, but the official title was shortened by John Adams, author of the Massachusetts Constitution, state constitution. It is a bicameral Legislature, body. The upper house is the Massachusetts Senate which is composed of 40 members. The Lower house, lower body, the Massachusetts House of Representatives, has 160 members; until 1978, the state house had 240 members. It meets in the Massachusetts State House on Beacon Hill, Boston, Beacon Hill in Bosto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paramount+
Paramount+ (formerly known as CBS All Access in the United States and 10 All Access in Australia) is an American Video on demand#Subscription models, subscription video on-demand Over-the-top media service, over-the-top Streaming media, streaming service owned by Paramount Global. The service's content is drawn primarily from the List of libraries owned by Paramount Global, libraries of CBS, Nickelodeon, MTV, Comedy Central, BET, Smithsonian Channel, the Smithsonian Channel, Showtime (TV network), Showtime, and Paramount Pictures. It also shows original series and films, live streaming Broadcasting of sports events, sports coverage, and in the United States, live streaming of CBS News and Stations, local CBS television stations. The service was launched by CBS Corporation in the United States in 2014, as CBS All Access, initially focusing on the live streaming of CBS programming from its local affiliates, as well as on-demand access to CBS programs and library content. The servi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Massachusetts
Massachusetts ( ; ), officially the Commonwealth of Massachusetts, is a U.S. state, state in the New England region of the Northeastern United States. It borders the Atlantic Ocean and the Gulf of Maine to its east, Connecticut and Rhode Island to its south, New Hampshire and Vermont to its north, and New York (state), New York to its west. Massachusetts is the List of U.S. states and territories by area, sixth-smallest state by land area. With a 2024 U.S. Census Bureau-estimated population of 7,136,171, its highest estimated count ever, Massachusetts is the most populous state in New England, the List of U.S. states and territories by population, 16th-most-populous in the United States, and the List of states and territories of the United States by population density, third-most densely populated U.S. state, after New Jersey and Rhode Island. Massachusetts was a site of early British colonization of the Americas, English colonization. The Plymouth Colony was founded in 16 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Established In 1971
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The main types of modern political systems recognized are democracies, totalitarian regimes, and, sitting between these two, authoritarian regimes with a variety of hybrid regimes. Modern classification systems also include monarchies as a standalone entity or as a hybrid system of the main three. Historically prevalent f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1971 Establishments In Massachusetts
* The year 1971 had three partial solar eclipses (Solar eclipse of February 25, 1971, February 25, Solar eclipse of July 22, 1971, July 22 and Solar eclipse of August 20, 1971, August 20) and two total lunar eclipses (February 1971 lunar eclipse, February 10, and August 1971 lunar eclipse, August 6). The world population increased by 2.1% this year, the highest increase in history. Events January * January 2 – 1971 Ibrox disaster: During a crush, 66 people are killed and over 200 injured in Glasgow, Scotland. * January 5 – The first ever One Day International cricket match is played between Australia and England at the Melbourne Cricket Ground. * January 8 – Tupamaros kidnap Geoffrey Jackson, British ambassador to Uruguay, in Montevideo, keeping him captive until September. * January 9 – Uruguayan president Jorge Pacheco Areco demands emergency powers for 90 days due to kidnappings, and receives them the next day. * January 12 – The landmark United States televis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Annuity (finance Theory)
In investment, an annuity is a series of payments made at equal intervals based on a contract with a lump sum of money. Insurance companies are common annuity providers and are used by clients for things like retirement or death benefits. Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments. Annuities can be classified by the frequency of payment dates. The payments (deposits) may be made weekly, monthly, quarterly, yearly, or at any other regular interval of time. Annuities may be calculated by mathematical functions known as "annuity functions". An annuity which provides for payments for the remainder of a person's lifetime is a life annuity. An annuity which continues indefinitely is a perpetuity. Types Annuities may be classified in several ways. Timing of payments Payments of an ''annuity-immediate'' are made at the end of payment periods, so that interest accrues between the i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Structured Settlement
A structured settlement is a negotiated financial or insurance arrangement through which a claimant agrees to resolve a personal injury tort claim by receiving part or all of a settlement in the form of periodic payments on an agreed schedule, rather than as a lump sum. As part of the negotiations, a structured settlement may be offered by the defendant or requested by the plaintiff. Ultimately both parties must agree on the terms of settlement. A settlement may allow the parties to a lawsuit to reduce legal and other costs by avoiding trial. Structured settlements are most widely used in the United States, but are also utilized in Canada, England and Australia. Structured settlements were first utilized in Canada as part of the settlement of birth defect claims arising out of pregnant mothers ingesting Thalidomide. Structured settlements are now used in a wide variety of types of lawsuit settlements such as aviation, construction, auto, medical malpractice and product liability. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lump Sum
A lump sum is a single payment of money, as opposed to a series of payments made over time (such as an annuity). The United States Department of Housing and Urban Development distinguishes between " price analysis" and " cost analysis" by whether the decision maker compares lump sum amounts, or subjects contract prices to an itemized cost breakdown. In 1911, American union leaders including Samuel Gompers of the American Federation of Labor expressed opposition to lump sums being awarded to their members pursuant to a new workers compensation law by saying that when they received lump sums rather than periodic payments, the risk of them squandering the money was greater. ''The Financial Times'' reported in July 2011 that research by Prudential had found that 79% of polled pensioners in the UK collecting a company or private pension that year took a tax-free lump sum as part of their retirement benefits, as compared to 76% in 2008. Prudential was of the view that for many re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lottery Payouts
Lottery payouts are the way lottery winnings are distributed. Typically, lotteries pay out around 50–70% of stakes (turnover) back to players. The remainder is then kept for administration costs and charitable donations or tax revenues. 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 advertised annuity amount. Specific payouts for any single draw deviate from the expected payout advertised before a draw, and depends especially on if the jackpot is hit. Typically jackpot amounts that are not hit or paid out are then rolled over to the next draw. In this sense, typical RTP or returns to player percentages will vary with the size of the jackpot. It can happen that after several rollove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lotteries In The United States
In the United States, lotteries are run by 48 jurisdictions: 45 states plus the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Lotteries are subject to the laws of and operated independently by each jurisdiction, and there is no national lottery organization. However, consortiums of state lotteries jointly organize games spanning larger geographical footprints, which in turn, carry larger jackpots. Two major lottery games, Mega Millions and Powerball, are both offered in nearly all jurisdictions that operate lotteries, and serve as ''de facto'' national lotteries. In fiscal 2018, Americans spent $77.7 billion on various lotteries, up by about $5 billion from 2017. History Historian Neal Millikan using newspaper advertisements in the colonial era found at least 392 lotteries were held in the 13 colonies. Lotteries were used not only as a form of entertainment but as a source of revenue to help fund the colonies. The financiers of Jamestown, Virgin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling In Massachusetts
Legal forms of gambling in the U.S. state of Massachusetts include casinos, sports betting, parimutuel wagering on horse racing, the Massachusetts Lottery, and charitable gaming. The Massachusetts Gaming Commission regulates commercial operations under state jurisdiction. Horse and dog racing Parimutuel wagering on horse racing is allowed at the state's only active racetrack, Plainridge Racecourse. Simulcast wagering on horse and dog races is also offered at Suffolk Downs and Raynham Park, which previously operated as racetracks. Betting on horse and dog racing was legalized in 1934. Suffolk Downs opened in 1935 and was the state's primary site for Thoroughbred racing until it held its last races in 2019. The first dog tracks were Wonderland Greyhound Park and Taunton Dog Track, opened in 1935. They were joined in 1941 by Raynham Greyhound Park. The Taunton track closed in 1981, and its operations were absorbed into the Raynham track, which became known as Raynham-Ta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
