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What form of ticket was used in Queen Elizabeth I's initial state lottery held on January 11, 1569?

Question #151211. Asked by psnz.
Last updated Jun 06 2024.
Originally posted Jun 06 2024 8:21 PM.

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BigTriviaDawg star
Answer has 2 votes
BigTriviaDawg star
7 year member
1007 replies avatar

Answer has 2 votes.
A blank piece of paper on which the buyer would write their name and a personal passage they would be able to repeat. There were 400,000 tickets that were made but only a fraction of them were actually sold. Each one was sold for 10 shillings which was about 3 weeks of earnings. The grand prize was 5,000 pounds the equivalent of around $3 million in today's money. Queen Elizabeth held the lottery to raise money for needed building projects. Due to the lack of enthusiasm for the lottery, it only had a short run and was stopped in 1571.

link https://moneyweek.com/421338/11-january-1569-england-holds-its-first-lottery-draw

Response last updated by BigTriviaDawg on Jun 06 2024.
Jun 06 2024, 8:29 PM
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