In all, using slightly different forms between 1693 and 1698, England was able to borrow just over £6,900,000. It wasn’t always easy. The Treasury missed some payments on the Million Adventure tickets and on some of the other new debts. That made potential creditors wary, and in 1697, when the Treasury went to the public with another lottery offer, a £1.4 million draw that was to be funded by taxes on malt (and hence on beer), that Malt Lottery failed.
