
Throwback to the Times When Single-Digit Lottery was all the Rage in India
The story of single-digit lotteries in India dates back to 1854 when the country was still under the dominion of the British East India Company.The newfangled textile mills in Bombay - a bustling city in the State of Maharashtra, were going great guns. The market rate of cotton was being regularly exchanged between the New York and Bombay Cotton Exchange via teleprinters.For the sake of entertainment, the mill workers had come up with an interesting pastime - to bet on the possible opening and closing market rates. Whoever predicted the rates correctly, won the game.The winnings were