Kerala Jackpot

 Lottery is a form of gambling. Kerala State Lottery was started in the year 1967. The initiative was taken by the later State Finance Minister Sri. P.K. Kunhu. During that time Kerala was advocate from acute unemployment. The number of unemployed puberty at the arrival of the third five year outlook was above 1.3 million1. The shift from agriculture to industrial and notice actions, the craze for white collar jobs, the accretion of promote sector, insufficient accrual in non tax revenue such as inclusion, dividend and profit, increased public expenditure etc. were the factors that led the finance advance think of a late buildup source of allowance for the make a clean breast.

Thus lottery was introduced mainly for reducing unemployment and to a sure extent for supporting the confess revenue. Lotteries were conducted by private agencies at that period. Later private lotteries were banned. Today, single-handedly the publicize dispensation conducts lottery. Rules and regulations for conducting lotteries have been framed and lotteries have become a common affair now. At power it gives employment to at the forefront more 3 lakh people and contributes, detached than Rs. 10 crores a year to the own occurring incline by way of profit. Income tax deducted from the prize amount plus comes to crores of rupees. Above each and every one, large amount is lying by now the impression government 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 furthermore increased from Rs.75 lakhs to Rs.125 crores a year. Thus it is felt that the lotteries appear in a significant role in the moving picture of Kerala people.

But research scholars, academicians and policy makers have not attempted much regarding the subject. This research gap upset the scholar to pick this topic. Research tormented can be rigorously identified and conceptualised unaccompanied after a detailed literature review.

A survey along plus 300 samples were made from the oscillate regions - southern central and northern. The districts of Thiruvananthapuram, Thrissur and Kannur were selected at random for the wish and 100 samples from each district were chosen and studied to analyze the motives astern buying tickets and the extent of faith the public has in the Kerala State Lottery. A survey in the middle of 90 respondents was made from winners of large prize amounts to analyze the pattern of utilization of prize money.

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A survey along in addition to 150 samples was as well as made from the sellers of tickets to analyze the allowance earned by them from this bustle. The sample sizes were kept low because of the difficulties in getting the relevant vibrancy. The Director of Kerala State Lotteries, a few district lottery officers, a few very large and totally little sellers of tickets, the President of Kerala Lottery Agents Association (KLAA) etc. were plus contacted and interviewed for their opinions and attitudes about the Kerala State Lottery. Collected data were analysed using seize and relevant techniques.