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Would it surprise you to understand that lotteries played an important part within the funding and founding of the first colonies in what is now america? King James I granted the Virginia Company of London the utilization of lotteries to finance not simply Jamestown (the original colony of America), but also the crossing of the Mayflower in 1620. Lotteries have been a popular sort of gambling for centuries, much as we use municipal bonds today, most often run by governments and cities, and they may be traced back to the Chinese Han Dynasty from 205 to 187 B.C.
In the early days of America, records show that over 200 lotteries were permitted between 1744 and the American Revolution, and these lottery games played a vital role in the funding of roads, libraries, churches, colleges, bridges, as well as other public works. Several of the very first esteemed universities, such as Princeton, Columbia University, Harvard and the University of Pennsylvania, got their original funding from lotteries. And like future "war bonds", lotteries also played a part in supporting the war efforts through the French and Indian Wars as well as the American Revolution. Rare lottery tickets with George Washington's signature can still be found, and numerous founding fathers of our country participated and sponsored them, encouraging the public to participate. On the flip side, gambling took on an air of immorality in the later included in the nineteenth century, as moral reforms (such as temperance, labor reform, women's rights and also the abolition of slavery) gained strength and religious groups began to demand the forbiddance of the type of gambling, which like alcohol, only drove it underground as card and dice games became the secretive games of choice. Once WWII ended, their state of Nevada legalized gambling in Las Vegas (with a little help from organized crime), and the rest, as they say, is history.
In Western Europe, lottery's history dates back to the 1400s as France gave birth to their popularity. This initiative was followed by King Francis I of France who allowed lotteries to operate from 1520. Seeing its success in 1567, England's Queen Elizabeth the very first established what is believed to be the first British state lottery, with the prize being hard cash along with some tangible goods, and thus began the success and utilization of lotteries in England and also the Colonies.
In 1744 the very first lottery was introduced in colonies like Massachusetts to overcome military debts. But it was in 1776 in the event the first national lottery was introduced by the Continental Congress. The main goal was to raise funds for the American Revolution.
Over in Western Europe, the first municipal lottery "La Lotto de Firenze" in Florence, Italy was introduced in 1930 and offered a cash prize to attract participants, as well as other Italian towns followed the same path. As popularity and success gained momentum, many countries legalized lotteries, and of-course now with the creation of the net, people worldwide possess the opportunities to play trusted lottery dealer online, the place you can find an array of sites offering betting systems and software to help your probability of winning.
