The release of Onam Bumper lottery
Thiruvananthapuram: Kerala finance minister KN Balagopal and transport minister Antony Raju here on Friday released the lottery department’s historic Onam Bumper ticket.
The ticket rate has been increased from Rs 300 to Rs 500, while the prize money (first prize) is doubled from Rs 12 crore to Rs 25 crore. The following prizes are also hiked.
It is a new chapter in the history of Kerala lotteries as the prize money is the highest amount ever offered by the lottery department.
The second prize is Rs 5 crore. The third prize of Rs 1 crore each will be given to 10 persons. The fourth prize of Rs 1 lakh each will be given to 90 persons. Likewise, the fifth prize of Rs 5,000 each will be distributed to 72,000 persons.
The lottery ticket numbers will be in 10 series. A maximum of 90 lakh ticket can be printed. Last year, the number of tickets printed was 54 lakhs.
Meanwhile, the decision to hike both ticket rate and prize money has evoked mixed reactions. Some say hiking the prize money will give more acceptance for Onam Bumper lottery. On the other hand, some pointed out that there are concerns on how the ticket price hike affect the lottery sales.
On the other hand, the practice of rolling out of the lotteries to add more revenue to government’s kitty is deemed to be something contentious. The long run impact of lottery culture on economy and social psyche is some that need to be studied, pointed out some critics. It may be noted that lotteries are banned across many parts of the world, including some Indian states.