In 1950, soon after Taiwan was recovered from the Japanese, the government embarked on a full-scale reconstruction effort and commissioned the Bank of Taiwan to run the Liberty Lottery to raise funds. It went strong until the illegal "Everyone's a Winner Lottery" became all the rage in the 1980s and forced the government to discontinue the Liberty Lottery in 1988.
民國三十九年台灣剛光復，百廢待舉，台灣省政府為籌措建設經費，委託台灣銀行發行愛國獎券，一直到七十六年底由於大家樂賭風盛行，才終止發行。