"The principle on which these benefits may be obtained is this. There should be a considerable number of moderate prizes, such as might be fortunes, if obtained by the inferior ranks, and of consequence sufficient to answer the risk of the rich. The tickets to be drawn each day should be previously specified which may be done by appropriating a certain share of the prizes to a certain number of tickets. All the tickets not drawn prizes of £.50 or upwards shall be entitled to a certain return, which would be superior to a chance for a £.20 prize. "SCHEME. _Number of Prizes._ _Value of each._ _Total Value._ £. £. 25 5,000 125,000 25 1,000 25,000 100 500 50,000 250 100 25,000 600 50 30,000 ----- ------- 1,000 255,000 49,000--£.5 returned on each. 245,000 ------ ------- 50,000 Tickets. 500,000 "SCHEME OF DRAWING. "Let 2000 Tickets from No. 1, to 1999 inclusive, (with Number 50,000) be put into a Wheel the first day, and proceed in the same manner numerically for 25 days. In the other Wheel, each day let there be put the following proportion of Prizes, viz. £. £. 1 5000 5000 1 1000 1000 4 500 2000 10 100 1000 24 50 1200 ---- ------ 40 10,200 1960.--£.5 to be returned on each. 9800 ---- ------ 2000 Tickets 20,000 "In Lotteries where the lowest prizes have been of £.20 the blanks have been the proportion of 2-1/2 to a prize. If therefore a person had seven tickets they were entitled to expect only two £.20 prizes or £.40. In this, however, they were frequently disappointed, and their chance for a prize of £.50 or upwards has been as about 200 to 50,000. By the above Scheme, if a person has seven tickets they are sure of a return of £.35, and have the chance of 40 to 2000, or 1000 to 50,000 for a superior prize. The certainty of the numbers and the prizes to be drawn each day would prevent insurance on those events, and every ticket being a prize there could be no insurance against blanks.