Does is exist yahoo lottery?

Yahoo! Mail announce you as one of the 10 lucky winners in the ongoing Yahoo Lottery Draw held on the 7th May, 2007.

All 10 winning email addresses were randomly selected from a batch of 50,000,000 international emails each from Canada , Australia , United States , Asia, Europe, Middle East, Africa and Oceania as part of our international promotions program which is conducted annually,consequently, you have been approved for a total pay out of 800,000.00 GBP (EIGHT HUNDRED THOUSAND GREAT BRITISH POUNDS STERLING ).

This Lottery was promoted and sponsored by a conglomerate of some
multinational companies as part of their social responsibility to the citizens in the communities where they have operational base.
Further more your details(e-mail address) falls within our British representative office in United Kingdom , as indicated in your play coupon and your prize of 800,000.00 GBP will be released to you from this regional branch office in UK.

I answered a similar question the other day and stated I thought it was a scam. My answer was reported and I received a violation notice for violating the community guidelines. Therefore this time i'll just post a couple of links rather than answer the question directly

http://www.talkgold.com/forum/r43588-.ht...
http://answers.yahoo.com/question/index?...
http://uk.blog.360.yahoo.com/blog-Peb3Gj...

Yahoo do not do lotteries

No. There is no Yahoo! Lottery. This is a spam. Don't fall for it.

If you won it it won't cost you anything, and a check does not need your bank details.

A load of B.S

It's a scam.

Never give any details to anyone.

You don't get anything for nothing, it's a scam do not answer do not give personal information.The following sites give more information.
www.scambusters.org
www.hoaxbusters.ciac.org
www.scambusters-419.co.uk
www.truthorfiction.com
.Also If you go to the following link you will get some info on ID theft www.identity-theft.org.uk the iinternet is safe enough if you are careful but please answer nothing that you are doubtful about.Good Luck and be careful.