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George Washington and his lottery ticket came about because of his involvement in building a mountain road to access to the natural healing waters of Hot Springs and Warm Springs in Bath County. Washington saw an opportunity to commercialize his nearby landholdings and a lottery was organized in 1768 with Washington as manager. Washington's signature on each lottery ticket added credibility to the lottery.
The Virginia
Gazette described the Mountain Road Lottery as "A Scheme of a Lottery for raising the sum of nine hundred pounds, to make a road over the mountain to the warm and hot springs in Augusta county." The lottery offered 62 cash awards, including a 1,000 pound first prize. Tickets were sold for 20 shillings, with "15 percent to be deducted from the Prizes." Washington recorded writing off 75 unsold tickets.Now lets create a small business loan or Grants Lottery to 100,000 Americans start ups for small business. John Valadez U.S Green Laws AMASSeco.
The Virginia
Gazette described the Mountain Road Lottery as "A Scheme of a Lottery for raising the sum of nine hundred pounds, to make a road over the mountain to the warm and hot springs in Augusta county." The lottery offered 62 cash awards, including a 1,000 pound first prize. Tickets were sold for 20 shillings, with "15 percent to be deducted from the Prizes." Washington recorded writing off 75 unsold tickets.Now lets create a small business loan or Grants Lottery to 100,000 Americans start ups for small business. John Valadez U.S Green Laws AMASSeco.
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