WILLIAMSBURG, December 18, 1779.
Tickets of the third class in the United States Lottery to be sold at the treasury office and the continental loan office, in Williamsburg.
Virginia Gazette (Clarkson & Davis) December 25, 1779
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About this entry:
The lottery was one of the ways Congress raised money to support the war. The winners in the lottery would be given a Treasury bank note that would be payable at the end of five years with an annual interest rate of four percent or they could re-invest their winnings in the next class of the lottery. The lottery was divided into four classes Tickets from the first class cost $10, from the secon class, $20, third class lottery, $30 and for the fourth class tickets, the cost was $40. 100,000 tickets were to be sold from each class.
Sources: U.S. Lottery
