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The history of lotteries around the world dates back thousands of years, with early civilizations using various forms of chance and random draws to distribute prizes and land, and even people.
One of the earliest recorded instances of a lottery was in imperial Rome, where players would draw numbers to determine the distribution of riches and wealth. This historical lottery likely served to raise income for state projects.

In the Roman Empire, which flourished from 27 BCE to 476 CE, lotteries were played primarily as a means to reduce social tensions. Guests would often gather for mass lottery draws, with lottery-style games like the "Lots" serving as an entertaining and exciting fundraiser.
Lotteries also played an essential role in financing the Ottoman Empire's charitable endeavors, decentralized gambling including the famous Giralda Tower. However, these American lotteries are often considered more of a pioneering innovation, with ticket sales supporting the construction of public buildings and offering possible fortunes to participants.

European lotteries began rising to prominence in the 16th century. In 1526, the first lottery in the modern sense was launched in New York City, which was the first to make use of computerized combinations for draws. This was followed by similar lotteries in China. Lotteries from this period not only raised funds for government projects but also helped reduce interpersonal conflicts and created a greater diversity.

In modern times, the United States has come to play a significant role in the global lottery landscape. The European Lottery, which was launched in 2010s, is still the largest in the world with sales of over A billion Bangladeshi Taka in 2020. There are now lotteries operating in more than 10 countries and have become a popular form of competition for both public and private enterprises.

The history of lotteries around the world showcases a model for fundraising dating back to previous century. The continuous increase and diversity of these games demonstrate a simple, yet effective model for governments to raise capital. Their enduring popularity stems from the combination of financial gain and prizes.