[MR] Wikipedia: First English Lottery
Garth Groff via Atlantia
atlantia at seahorse.atlantia.sca.org
Wed Jan 11 02:15:23 PST 2017
Noble Friends,
On this date in 1566 Queen Elizabeth I chartered the first English
lottery to raise money for harbor improvements and other public works.
You can see one of the "scrolls" or tickets at
https://en.wikipedia.org/wiki/Lottery . Interestingly, there were no
losers here. Everyone who cashed their tickets received their money back
three years later, in essence giving the Crown a three-year
interest-free loan.
The Wikipedia article discusses several other examples of lottery
schemes from our period of interest, including examples from the Low
Countries, Italy and France. The French example was a total failure due
to opposition from the moneyed classes. Perhaps they felt it was in bad
taste ;-) .
So state-organized gambling is nothing new. As 'they' say, "The more
things change, the more they stay the same."
Yours Aye,
Mungo Napier, The Laird of Mallard Lodge
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