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The Good Hidden In Playing Satta Matka

Jul 21st 2015 at 10:52 PM

Many people feel that in order to gamble they need to have huge funds at their disposal. But this is not true. The lotteries which are sponsored by the states and other government bodies sell tickets at a price which is less than $1. However, there are certain other satta matka which do sell tickets which are priced higher than this, but even their price is never so high that one would require huge funds in order to participate in them. Surely, if you are planning on buying a considerably large number of tickets for any of the matka, then the amount of funds required will go up. But, if you are participating for fun and believe that if luck is on your side, then you would be able to win with even one ticket, then you will need just $1 to play a good sattamatka game.

Besides the above fact, there are a few other facts as well relating to matka which people are not aware of. Come of these hidden secrets about sattamatka are as follows:

Lottery Can Be For Charity

We mostly associate the word gambling or lottery with only bad things like the social evils that it brings into the lives of the players, but there are many state run lotteries which have given gambling or playing the lottery, a very positive meaning. These state run lotteries use the money that they collect through these lottery games for the purpose of charity. Various social causes are taken up and the funds from these lotteries are distributed among different charities as a mark of support to that social cause. Thus, instead of increasing the evil in the society, the lotteries actually help in eradicating or at least reducing the incidence of social evil in the society. This is one thing which hardly anyone knows or ever acknowledges about the state run lotteries.

Lotteries Are One Of The Biggest Source Of Revenue For The States

Since the game of lottery has been declared legal, all the winnings or income from this game are tax deductible. Hence all the players who win any prize money in this game receive their cheque for an amount which is less than the declared prize money since the amount of tax payable on that winning has already been deducted by the paying authority. This tax then needs to be deposited with the concerned income tax authority. Similarly, if the lottery is being run by some private individual or company, they, too, need to calculate their profits and then pay the relevant tax on it like any other individual or corporate company.

The taxes collected by the government are reinvested in the society for the development of infrastructure and providing people with other basic amenities. Thus, quite contrary to what most of the people believe, these lotteries do provide a big social service to the society and help in the development and betterment of the people of that society. Hence, lotteries are not all about being evil, they can do good as well.

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