Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1866-06-28
Ezoellenoy the Governor, copy Of ON, q,
proceealngs. peig DF1,.v 81. q.sl 3s.srsR sIiaa 81
On motion, the meeting adjourned 70
meet again on 'Ssle-day in July next.
,.s,, -, = J.. N. GARyIN, Chairman. n
., ROBE q. THOMPSON, Secretary ,.ss;


~ ..,, :. j. N. GARYIN, Chairman;
ROBE. q. THOMPSON, secretary,.i sss;
.aE,;4..3v lotteries! = ba@ ssssa9
HOW EYEN1A4aENUME) )eNE1 WoRKs--FHH
~ AR1TIIMET1o oF7HBTHMasaissiea
aaOfothe mapyssndsrslof;i f;iottsyI fsksts
in this city, 'st least nine .ouitof ten srs'bos
gus, sxindling lconeerns, inisRhich them
vestors have no chance at, all, and q man
must have uncommon discernnent and dis
cretion to ascertain which is the tenth sor
genuine one. But supposing aliwers gen!
uine, let us see what chance q man. would
have in one. For example, take the aRoy-
al Havana Lottery" said etoibe Rhoumably
conducted "by the Spanish Government,
under the supervision of the Captain Gen.
erslsof Cuba" We calledat the Agency
in this city, and learned the entire saOdas
operanas.. Take the drawing No. A756, ,for
Map 9. There are 437 prizes ranging from
one hundred and sixty Of $500 eaohs TO
one of 100000 Total amount of priass,
$3.50, 900 in gold--or equivalent to about
S450. .000in our currency. The dsdustious
before the prizes are paid, amount to l2sto
Is per cent, or say $50, 1000. This leaves
$400, 900 to be distributed among ticket
holders. But there are Just SO, 600 tickets
at $40 each, which smustall bedrawu from;
that is, the ticket holders pay 81 200, 600
for the privilege of drawing $40G; 900 ythe
other $500, 900 all going TO the lottery op.
orators, agents, etc. 1t is just the same as
if ak men put dollar each into d box TO
be drawn ont by lot. If they draw the
whole with perfectly fair ohsnces, they
would stand an equal chanoso getting their
money back, but if the&holdersof the boz
takes out and puts in his own pocket S4'of
the money, and leaves the whole six men
who put in dollar each, asixth of . chance
at only two dollars, their chance would bea
slim one, and hardly On tho square Yet
this is just what is done in this aRoyal
Havana Lottery" to those who buy their
tickets here at $40 for whole tickets; $40
for halves $40 for quarters S5 forsighths,
and So so for sixteenths" You pay your
share of 81 zoe, 900 for the privilege Of .
chance share in 100000. And this is
about the only chance one has in any lotte,
ry, however much the managerssmay mist,
fy their figures, and it shows how they make
such enormous profits, and Why they run
such risks and struggle SO hard against just
laws. The ticket buyers really have avery
slim chance at best, or hardly q third Of .
chance when they pay for whole one yet
the foolish hope that they may be auccess-
full, and SO keep on investing money, be-
cause somebody somewhere has drawn .
prize. A word more: What is . mans
chance in the above drawing, for exsmple.
Only 437 persons in 10000 can by any
possibility get any prize, that is one person
in sixty.nine. To pay $40 for one sixty
ninth of chance to get even 5000 Is nota
very promising investment. Again, there
are only A of the $4,000 ticket bugsrs,or
about l in 700, who can, by any possibility,
get over $500. Surely man must have
large faith in his luck to put down $40 for
only one chance in TOO to get one Of the
prizes. Unfortunately, it is only those who
have been .unlucky," and are likely to be,
and those who do not or cannot look into
the arithmetic Of the thing, that viii and
do patronize lotteries. .-American 4gricuL
turist. ~ s':.%,Sss, 'sszs