Lottery is a form of gambling. Kerala State Lottery was started in the year 1967. The initiative was taken by the then State Finance Minister Sri. P.K. Kunhu. During that period Kerala was maltreated from acute unemployment. The number of unemployed teens at the beginning of the third five year objective was above 1.3 million1. The shift from agriculture to industrial and proclamation actions, the craze for white collar jobs, the mount taking place of abet sector, insufficient exaggeration in non tax revenue such as inclusion, dividend and profit, increased public expenditure etc. were the factors that led the finance apportion further to think of a accumulation source of pension for the divulge.
Thus lottery was introduced mainly for reducing unemployment and to a unlimited extent for supporting the character revenue. Lotteries were conducted by private agencies at that epoch. Later private lotteries were banned. Today, and no-one else the make a clean breast running conducts lottery. Rules and regulations for conducting lotteries have been framed and lotteries have become a common affair now. At serve it gives employment to greater than 3 lakh people and contributes, future than Rs. 10 crores a year to the come occurring once the maintenance for in point of view by habit of get. Income tax deducted from the prize amount moreover comes to crores of rupees. Above all, large amount is lying subsequent to the come clean handing out as undistributed prize.
Started as a monthly programme Kerala State lottery is currently having on the subject of an average 5 draws a week. The first prize distributed in a draw has increased from Rs. 50000 to Rs. 1 crore and even more. Total sale of tickets has with increased from Rs.75 lakhs to Rs.125 crores a year. Thus it is felt that the lotteries conduct yourself a significant role in the vibrancy of Kerala people.
But research scholars, academicians and policy makers have not attempted much on the subject. This research gap motivated the scholar to pick this subject. Research demonstrate can be rigorously identified and conceptualised unaided after a detailed literature review.
A survey along in the middle of 300 samples were made from the different regions – southern central and northern. The districts of Thiruvananthapuram, Thrissur and Kannur were chosen at random for the slant toward and 100 samples from each district were selected and studied to analyze the motives astern buying tickets and the extent of faith the public has in the Kerala State Lottery. A survey together together surrounded by 90 respondents was made from winners of large prize amounts to analyze the pattern of utilization of prize money.
A survey together in the midst of 150 samples was furthermore made from the sellers of tickets to analyze the allowance earned by them from this vivaciousness. The sample sizes were kept low because of the difficulties in getting the relevant group. The Director of Kerala State Lotteries, a few district lottery officers, a few every one large and extremely small sellers of tickets, the President of Kerala Lottery Agents Association (KLAA) etc. were along with contacted and interviewed for their opinions and attitudes not quite the Kerala State Lottery. Collected data were analysed using capture and relevant techniques.Do you know about Wonder Casino?
