The first official lottery recorded in the English early modern era dates to Queen Elizabeth I’s reign. In 1566 a lottery designed to raise funds for the “reparation of the havens and strength of the Realm, and towards such other public good works”.

Each ticket holders won a prize such as a silver plate or other valuable goods, the total money raised equally the total value of the prizes. Scrolls posted throughout England advertised the lottery, each scroll bearing sketches of the prizes on offer. The money the government received from the ticket sales was thus a form of interest free loan over the three years that the lottery was conducted (the draw taking place in 1569).
There were also numerous private lotteries, an example being the lottery held by The Virginia Company of London which was used to finance their Jamestown settlement in America. Commencing in 1694, the English State Lottery, occurred annually until its final termination in 1826.


