A gambling game or method of raising money, as for some public charitable purpose, in which a large number of tickets are sold and a drawing is held for certain prizes. Also: any scheme for the distribution of prizes by chance: to look upon life as a lottery. [OE lotterij]

A lottery is a government-run game in which people purchase numbered tickets and win a prize, usually money. It is a form of gambling, and it can be addictive. It is often criticized for being a bad way to raise funds and for contributing to inequality in society. However, it has become an important source of revenue for many states.

In ancient times, people hoped to improve their lot in life by placing objects with their names or marks on them in a receptacle such as a hat or helmet and shaking it; the winner was the person whose object fell out first. The word lot comes from Middle Dutch loterij, which itself probably is a contraction of Middle Low German lote “fate” and Old High German lot “seat.”

Lottery commissions often rely on two messages in their advertising. One is to make the experience of buying a ticket fun and memorable. The other is to tell people they’re doing their civic duty by supporting state government. Both of these messages obscure the regressive nature of lottery gambling. Even if you’re lucky enough to win, the odds of accumulating millions of dollars are incredibly low – and if you do, the tax implications can be devastating.