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Lottery Games in India Offering Bigger Prizes

Indian gambling laws - GamingZion

Kerala State Lotteries have announced that the number of weekly lottery tickets of RS 30 will be increased in denomination from 49 lakh to 52.5 lakh.

While casino games are hard to find in India, the lottery seems to be increasing in popularity. Five states run lottery games under Indian gambling laws and Finance Minister Karingozhakkal Mani Mani told reporters that the Karunya Lottery had a turnover of Rs 3,794 crore during the 2013-2014 fiscal year.

According to local gambling news, the profit generated by the lottery agency was distributed as such: Rs 2,779 crore went to the people, with Rs 1,522 crore being disbursed as prize money and Rs 1,256 crore being set aside as agency commission and discount; Rs 788 crore was given to the exchequer for new development projects.

Moving forward with new projects

There aren’t many opportunities for gamblers in this country. Casinos are only allowed in Goa and Sikkim and the state doesn’t award licenses for Indian rupee betting sites. But the lottery is a successful industry and it keeps growing.

Officials have been using profits to develop new projects and the Lottery Department has recently released the Onam Bumper Lottery and inaugurated the second lottery machine at Sree Chithra Poor Home.

The Onam Bumper will offer Rs 6 crore to the big winner and Rs 1 crore for six other lucky players. Third prize is worth Rs 10 lakh and will be distributed to 12 players, and 12 others will receive Rs 5 lakh as fourth prize.

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