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- Million_Lottery abstract "The Million Lottery or Million Adventure was the first English State Lottery and was launched by the government in 1694.The brainchild of speculator and Master of the Royal Mint Thomas Neale, the Lottery was created in order to raise money for the Exchequer. 100,000 £10 tickets were offered for sale as one of a series of measures to raise revenue to allow English participation in the Nine Years' War against France. Other contemporary financial innovations included the granting of a Royal Charter to the Bank of England and the creation of the country's first national debt. Neale received 10% of the Lottery's proceeds.The 'Bank on Tickets of the Million Adventure' or Million Bank was established in 1695 to manage the assets of subscribers. In 1699 all other lotteries in England were banned but 42 further lotteries were run on the same basis until 1768.In an ostentatious demonstration of security, tickets for the lottery were kept in special chests with 18 locks. The tickets were also bonds and were redeemable over a 16 year period. In fact the fund exhibited a shortfall almost immediately and could not keep up with repayments until 1698 when the war was over.".
- Million_Lottery thumbnail Thomas_Neals_Million_Bank.jpg?width=300.
- Million_Lottery wikiPageID "33011575".
- Million_Lottery wikiPageLength "2348".
- Million_Lottery wikiPageOutDegree "11".
- Million_Lottery wikiPageRevisionID "703754184".
- Million_Lottery wikiPageWikiLink Bank_of_England.
- Million_Lottery wikiPageWikiLink Category:Lotteries.
- Million_Lottery wikiPageWikiLink Exchequer.
- Million_Lottery wikiPageWikiLink France.
- Million_Lottery wikiPageWikiLink Government_debt.
- Million_Lottery wikiPageWikiLink Lottery.
- Million_Lottery wikiPageWikiLink Master_of_the_Mint.
- Million_Lottery wikiPageWikiLink Nine_Years_War.
- Million_Lottery wikiPageWikiLink Royal_charter.
- Million_Lottery wikiPageWikiLink Thomas_Neale.
- Million_Lottery wikiPageWikiLink File:Thomas_Neals_Million_Bank.jpg.
- Million_Lottery wikiPageWikiLinkText "Million Lottery".
- Million_Lottery wikiPageUsesTemplate Template:Reflist.
- Million_Lottery subject Category:Lotteries.
- Million_Lottery hypernym Lottery.
- Million_Lottery type Organisation.
- Million_Lottery type Lottery.
- Million_Lottery comment "The Million Lottery or Million Adventure was the first English State Lottery and was launched by the government in 1694.The brainchild of speculator and Master of the Royal Mint Thomas Neale, the Lottery was created in order to raise money for the Exchequer. 100,000 £10 tickets were offered for sale as one of a series of measures to raise revenue to allow English participation in the Nine Years' War against France.".
- Million_Lottery label "Million Lottery".
- Million_Lottery sameAs Q17067120.
- Million_Lottery sameAs m.0h529th.
- Million_Lottery sameAs Q17067120.
- Million_Lottery wasDerivedFrom Million_Lottery?oldid=703754184.
- Million_Lottery depiction Thomas_Neals_Million_Bank.jpg.
- Million_Lottery isPrimaryTopicOf Million_Lottery.