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The Virginia Gazette narrated the Mountain Road Lottery as "A Scheme of a Lottery for raising the amount of 9 hundred pounds,[link widoczny dla zalogowanych], to make a road over the mountain to the lukewarm and hot springs in Augusta shire."? The lottery offered 62 money awards,[link widoczny dla zalogowanych], including a 1,[link widoczny dla zalogowanych],000 pound 1st prize.? Lottery tickets were sold for 20 shillings,[link widoczny dla zalogowanych], with "15 percent to be deducted from the Prizes."? Washington logged prose off 75 unsold lottery tickets.?
In 1785,[link widoczny dla zalogowanych], the authority presented Washington with a absolute of 150 shares of stock in the 2 companies.? Washington accepted above the condition namely inget busy the shares,[link widoczny dla zalogowanych], and finally the shares themselves, be secondhand as charitable purposes.? George Washington and his lottery stamp has since convert a peppery momento that is treasured along many collectors.
George Washington And His Lottery Ticket
George Washington and his lottery ticket came approximately for of his involvement in building a mountain road?to access to the normal healing waters of Hot Springs and Warm Springs in Bath County.? Washington saw one opportunity to commercialize his beside landholdings and a lottery was mobilized in 1768 with Washington for director.? Washington's widepread renown in the colonies and his signature on each lottery ticket?maximum certainly joined credibility to the lottery.
After the Revolutionary War,[link widoczny dla zalogowanych], Washington advocated organization of a surveying commission to cultivate navigability of the Potomac and James Rivers.? Washington achieved that river navigation would facilitate trade for the behalf of both Virginia and his Mount Vernon possession, situated forward the shores of the Potomac.? Acting on Washington's recommendation,[link widoczny dla zalogowanych], the Virginia legislature built the Potomac and James River Companies.