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organized hope where you pay to lose with a smile and a numbered stub

means A game of chance in which people buy numbered tickets, one of which is later drawn at random to win a prize.

from From Old French 'rafle,' the name of a dice game, which also meant a snatching up or sweeping awaypossibly echoing the Germanic root behind 'raffeln,' to snatch greedily. The dice game faded, but the word kept rolling, landing on the modern lottery of numbered stubs and church-fete prizes.

for instance

irish national lotteryireland's state lottery, established 1988, weekly draws with millions in prizes

powerball lotteryus multi-state lottery game started 1992, largest jackpot $2.04 billion in 2024

charity raffle at wimbledonannual raffle by all england club, raises funds for grass court tennis globally

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