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Home > HistoryPod > 11th January 1569: First recorded lottery drawn in England under Elizabeth I
Podcast: HistoryPod
Episode:

11th January 1569: First recorded lottery drawn in England under Elizabeth I
Category: Society & Culture
Duration: 00:02:49
Publish Date: 2018-01-10 21:05:32
Description: The concept of a lottery, in which lots were drawn to determine a winner, had been around for centuries before Queen Elizabeth I chartered a prize draw to raise money for the “reparation of the havens and strength of the Realme, and towardes such other publique good works”. The scheme itself was announced in 1566, at a time when England was seeking to expand its international trade. Income from the lottery was therefore used to fund improvements to the country’s coastal infrastructure and the construction of new ships. Unlike most modern lotteries, which seek to produce a profit, the value ...
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