[Extremely Extreme Extremist]

Lottery = Accounting for DUmmies

Founding Fathers must have been DUmmies too, because the Continental Congress raised funds through a lottery to pay for the war.

[Larry Lucido]

No, the dummies are the ticket buyers. The sellers are the smart ones.

[dfwddr]

Lottery = Accounting for DUmmies Founding Fathers must have been DUmmies too, because the Continental Congress raised funds through a lottery to pay for the war.

I was not aware of that, so I did a quick Google. This stood out:
Sales of tickets for the first class lottery were far slower than expected and the lottery was postponed several times. Finally on May 1, 1778 the drawing was begun with only 20,433 of the 100,000 tickets sold. Sales continued during the drawing period. When the final tickets were drawn on May 27th about 36,500 of the $10 tickets had been sold. The government owned most of the tickets and is estimated to have ended up with a net loss of more than $72,000!

While I intend to read up further, it appears our elders were smarter than we are.

[ansel12]

"Founding Fathers must have been DUmmies too, because the Continental Congress raised funds through a lottery to pay for the war."




I'm very much against gambling, and support making it illegal, but yes, gambling and lotteries were popular among the founding fathers.


I think a lot of modern Christians are surprised when they discover that.