Max Dubossarsky, COO at Betinvest, provides the history of lotteries and looks forward to the future.
THE PAST
It is thought that a blueprint for lotteries is first mentioned in ancient Greek mythology. Soldiers drew stones out of a special helmet for the right to take on Zeus. These first lotteries appeared in ancient Rome and China and for many centuries came to be associated with not just entertainment, but also charity.
With the help of contributions from the purchase of lottery tickets for the state treasury during the Han dynasty, China financed the defence of the country and the building of the Great Wall of China. The late Roman Republic, partly during the time of Julius Caesar, spent the money raised on renovating buildings and other sites in the city.
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