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<title>United States lottery, 1776 : The scheme is, that this lottery consist of four classes, of one hundred thousand tickets each ...: a machine-readable transcription.</title>
<amcol><amcolname>Documents of the Continental Congress and Constitutional Convention, ca. 1774-1790; American Memory, Library of Congress.</amcolname>
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<p>Washington, DC, 1994.</p>
<p>Preceding element provides place and date of transcription only.</p>
<p>For more information about this text and this American Memory collection, refer to accompanying matter.</p>
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<lccn>90-898100</lccn>
<sourcecol>Constitutional Convention broadsides; Rare Book and Special Collections Division, Library of Congress.</sourcecol>
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<projectdesc><p>The National Digital Library Program at the Library of Congress makes digitized historical materials available for education and scholarship.</p></projectdesc>
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<p><hi rend="bold">UNITED STATES LOTTERY; 1776.</hi></p>
<p>The <hi rend="bold">SCHEME</hi> is, that this <hi rend="bold">LOTTERY</hi> consist of Four Classes, of One Hundred Thousand Tickets each.
<lb>[table]</p>
<p><hi rend="bold">THIS</hi> Lottery is set on foot by a Resolution of Congress passed at Philadelphia, the 18th day of November, 1776, for the purpose of raising a sum of money on loan, hearing an annual interest of <hi rend="italics">four per cent,</hi> which, with the sum arising from the deduction, is to be applied for carrying on the present most just and necessary war, in defence of the lives, liberties and property, of the inhabitants of these United States.</p>
<p>The fortunate adventures in the first class, and so in the second and third, who draw more than thirty or forty dollars, shall, at their option, receive a Treasury Bank Note for the prize or prizes drawn, payable at the end of five years, and an annual interest at the rate of <hi rend="italics">four per cent,</hi> on the presumption of such tickets, in the next succeeding class, as shall not be renewed within the time limited.</p>
<p>Every adventurer in the first class shall have a right to go through the subsequent classes, but shall not be obliged to do it.</p>
<p>The drawers of twenty, thirty, and forty dollars, in the first, second, and third classes, who do no apply for their money within six weeks after the drawing is finished, shall be deemed adventurers in the next succeeding class, and have their tickets renewed, without any farther trouble.</p>
<p>If any other shall neglect or decline taking out and paying the price of their ticket for a subsequent class, within six weeks after the drawing is ended, their tickets shall be sold to the fortunate adventurers in the preceding class, or to such as shall apply for the fame.</p>
<p>The fortunate adventurers in the last class, who draw fifty dollars, shall, upon application to the Commissioners of the loan offices, in the respective states, where the drawers reside, receive their money without any deductions; and all who draw above the fifty dollars, shall receive in like manner, without deduction, for the sums drawn, treasury bank notes payable at the end of five years after the drawing, at the loans office of the state in which the drawers reside. The interest to commence from the last day of drawing, and to be paid annually at the said respective loan offices.</p>
<p>As this lottery is established for the sole purpose of raising a sum of money for carrying on the present just war, undertaken in defence of the rights and liberties of America, in which every individual and posterity will be so deeply interested, it is not doubted but every real friend to his country will most cheerfully become an adventurer, and that the sale of the tickets will be very rapid, especially as even the unsuccessful adventurer will have the pleasing reflection of having contributed, in a degree, to the great and glorious American cause.</p>
<p>The managers appointed by Congress are Sharp Delany, John Purviance, Owen Biddle, David Jackson, Jacob Barge, Jonathan B. Smith, and James Searle, who are upon oath, and give bond for the faithful discharge of their trust.</p>
<p>The drawing of the first class will begin at Philadelphia, the 10th day of April next, or sooner, if sooner full.</p>
<p>The managers are instructed to sell the tickets for ready money only.
<hsep>Philad. Dec. 6, 1776.</p>
<p><hi rend="bold">In CONGRESS, November 27, 1776.</hi></p>
<p>Resolved, That it be recommended to the legislatures of the United States respectively, to pass such laws as will most effectually tend to prevent the <hi rend="bold">COUNTERFEITING</hi> or <hi rend="bold">FORGING</hi> the <hi rend="bold">TICKETS</hi> of the public lottery.</p>
<p>Extract from the minutes,
<lb><hi rend="bold">CHARLES THOMSON, Secretary.</hi></p>
<p><hi rend="bold">PHILADELPHIA: PRINTED by WILLIAM & THOMAS BRADFORD,</hi> at the <hi rend="italics">London Coffee-House.</hi></p>


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