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U.S. History: State Lotteries: From Colonial Times to the N.C. Education Lottery. The history of U.S. lotteries dates back to Colonial Times. George Washington, Thomas Jefferson, Benjamin Franklin in their day all employed lotteries to raise money for good causes. The popularity of lotteries has waxed and waned. Today, they are more popular than ever. Last year, North Carolina employed its state lottery to raise more than $1 billion for education programs in our state. The test for state lotteries today will be if this time in history their popularity can be sustained.
