Dutch Lottery History
The oldest continuously running lottery is the Dutch state-owned Staatsloterij. Other international lotteries include the French Mega Millions, English Tri-State Lottery, and Swedish lottery. Here’s a brief history of lottery history. The game dates back to the Chinese Han Dynasty and is believed to have been used to finance major government projects. The Chinese Book of Songs also refers to the game as “drawing of wood” or “drawing of lots.”
Dutch state-owned Staatsloterij is the oldest running lottery
The Netherlands has a long and storied lottery history, and the Staatsloterij, its state-owned lottery, is no exception. This popular game has been around for over 200 years, and is known for its reliability, prize payouts, and charitable contributions. Its jackpots can be as large as EUR 37 million! As the oldest lottery in the world, the Staatsloterij gives away prize money to 4.3 million players each month.
French state-owned Mega Millions
The French state-owned Mega Millions lottery is a multistate game with an estimated jackpot of $1 billion. Players choose six numbers from two pools and must match all six to win the jackpot. Drawings are held twice weekly. A recent NGISC report criticized the marketing of the lottery, arguing that it overemphasized the jackpot amount. In addition, the ads do not adequately describe the odds of winning any prize, and tended to highlight the odds of winning a smaller prize.
English state-owned Tri-State Lottery
The Netherlands formed the first lottery still in operation, and in 1759, Louis XV of France created the Loterie Royale of the Military School to raise money for the Colonial Army. The game was a combination of keno and monopoly, where players chose one of five numbers out of a possible five. Eventually, the game evolved into the Loterie Nationale. It is the only state lottery in the world that makes money on television.
The French national lottery is a means to an end, generating over 1 billion Euros each year in revenue. The lottery has also been credited with stimulating the economy and creating jobs, but not all the money generated from lottery ticket sales goes to prize money. In fact, the money raised by lottery sales actually goes back into the economy. In fact, the top two French lotteries have contributed over 3.6 billion euros to the French budget, most of which have gone toward education and STEM subjects.
Dutch state-owned Staatsloterij
The Dutch state-owned Staatsloterij is a well-known worldwide lottery that offers prizes of millions of euros. The game is based in the Netherlands and has been operating for more than three centuries. The lottery has been a popular source of government funding for charitable organizations. Prize money has topped EUR 37 million in recent years. In the Low Countries, the lottery was first used to raise funds for the poor, and later it became a highly successful way for people to donate to causes that they care about.
French state-owned French state-owned Tri-State Lottery
The French state-owned Tri-State Lotery was founded by Michel Robert Le Pelletier-Desforts, who had an idea to sell tickets that were directly tied to the value of bonds. Each ticket cost 1/1000th of the value of the bond, and if you won, you would receive the entire face value of the bond, as well as the jackpot prize of 500,000 livres. The lottery is now one of the most popular ways to spend a rainy day.