Then there were two jackpots of £20,000 - equivalent in today's money to £90.9m.
The poster, to be auctioned on 9 February, is headed "English State-Lottery, 1786. Begins drawing February 12, 1787". It is estimated to fetch £80-£100.
Prizes advertised include 3 at £10,000 (equivalent to £45.5m each), 5 at £5,000 (£22.7m), 10 at £2,000 (£9m), 15 at £1,000 (£4.5m), 30 at £500 (£2.3m), and 100 at £100 (£454,500). Tickets cost six pence each, £113 in today's terms.
The first English lottery was held by Queen Elizabeth I in 1566 to finance the Virginia Colony. Others funded schemes such as Westminster Bridge and the British Museum. In 1826Treasury officials ran off with all the prize money.Reuse content