The first recorded lottery sold tickets containing money prizes. Low Countries towns held public lotteries to raise funds for poor people or for town fortifications. These lotteries are probably even older, according to town records. For instance, a record dated 9 May 1445 at L’Ecluse, France, mentions a lottery of 4,304 tickets that raised florins, …
Continue reading “Lottery Distribution Models For Nonprofits and Civil Society Organizations”