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Development Lotteries Board

From Wikipedia, the free encyclopedia
Development Lotteries Board
Company typeGovernment-owned corporation
IndustryGambling
FoundedJanuary 19, 1983; 41 years ago (1983-01-19)
FounderJ. R. Jayewardene
HeadquartersNo 356, Dr Colvin R de Silva Mawatha, Colombo 02.
Area served
Sri Lanka
Key people
Amitha Gamage (Chairman)
ProductsLottery
OwnerMinistry of Finance
ParentPresident's Fund Trust
Websitewww.dlb.lk

Development Lotteries Board also known DLB is the Sri Lanka government national lottery company. stated in 1983. In 1980s Lotteries Board established with the investment of Rs. 2.2 million (Rs. 260 million in 2020). Half of money donated President's Fund. Early project advised by former President J. R. Jayawardana.[1] In 2019 President's Fund worth rise Rs. 2.668 billion.[2] In 2020 Government DLB budget reduce 5% because post COVID-19 impact in Sri Lanka economy. Previously President's Fund used health department.[3] DLB announced they lunch digital and downloadable lottery app. Lottery called "Sasiri".[4] Highest jackpot winners shared a prize of Rs. more than 50 million. DLB operated 7 lottery.

Games

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Several games operate under the DLB brand:

Lagnawasana

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Players buy tickets with their choice of four different numbers and one zodiac sign. The entry fee to the Lotto draw was set at Rs. 20 per board from its introduction. Lagnawasana bigger jackpots with an estimated average more than Rs. 2 million in 2020.[5]

Match Prize (Rs.) Odds of winning Number of winners
4 Numbers Zodiac Sign 3,675,551 1 0
4 Numbers 500,000 1 in 3 1
3 Numbers Zodiac Sign 10,000 1 in 100 31
3 Numbers 1,000 1 in 500 352
2 Numbers Zodiac Sign 200 1 in 1,500 1,370
2 Numbers 100 1 in 20,000 15,089
1 Number Zodiac Sign 60 1 in 20,000 17,296
1 Number 20 1 in 200,000 188,904
Zodiac Sign 20 1 in 100,000 58,975

References

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  1. ^ "Development Lotteries Board". Development Lotteries Board. Retrieved 2021-01-02.
  2. ^ "Development Lotteries Board". Development Lotteries Board. Retrieved 2021-01-02.
  3. ^ "Govt. clamps down on SOEs' promotional spending | Daily FT". www.ft.lk. Retrieved 2021-01-02.
  4. ^ "DLB introduces digital lottery". Sunday Observer. 2020-10-10. Retrieved 2021-01-02.
  5. ^ "Development Lotteries Board". Development Lotteries Board. Retrieved 2021-01-02.