The first permanent English settlement in America was at Jamestown, Virginia and the money to establish this settlement was raised by a lottery authorized by King James I
Lotteries were an important part of Colonial America and the funds raised were generally used to help the funding of public capital projects such as roads, schools, waterways etc. In fact more than 200 were santioned between 1744 and 1776. Princetown and Columbia Universities were too financed by lotteries.
Monies to fund both the French and Indian wars were also raised via lotteries.
Lottery tickets bearing th signature of George Washington have become collectors items and one sold for $15,000 in 2007. Slaves and land were used as lottery prizes in a lotter organised by Col. George Moore.
Lotteries were used to raise money to support the Colonial Army during the Revolutionary War. It was believed that lotteries should be kept simple where you invested a small amount of money with the chance of winning a large amount. Lotteries thus became a hidden tax which was acceptable to the people who did not like taxation being used to fund capital projects.
At the end of the Revolutionary War the various states had to resort to lotteries to raise funds for numerous public projects. For many years these lotteries were highly successful and contributed to the nation’s rapid growth.
Lotteries however were abused there was much scandal caused by mismanagement and towards the end of the 19th century a large number of states banned lotteries and the US mail was banned from carrying lottery tickets. All US lotteries were halted in the United States by 1900.
Today however there are a multitude of lotteries in the US. Many people play them.
Why not increase your chances of winning by using the Ken Silver system found here
