Lottery is a map of gambling. Kerala Suppose Lottery was started in the year 1967. The initiative was taken by the then Suppose Finance Minister Sri. PK Kunchu. All the scheme via that duration Kerala was tormented by acute unemployment. The choice of unemployed adolescence before all the pieces of the third 5 year opinion was above 1.3 million1. The shift from agriculture to industrial and commercial activities, the rage for white collar jobs, the development of carrier sector, insufficient develop in non tax income equivalent to curiosity, dividend and income, elevated public expenditure and masses others. maintain been the factors that led the finance minister to mediate a supplementary provide of profits for the relate.
Thus lottery was essentially for reducing employment and to a certain extent for supporting the relate income. Lotteries maintain been generated by non-public businesses at that time. Later non-public lotteries maintain been banned. This present day, simplest the relate authorities conducts lottery. Principles and regulations for conducting lotteries maintain been framed and lotteries maintain turn out to be frequent affair now. At portray it offers employment to more than 3 lakh folks and contributions, more than Rs. 10 crores a year to the relate authorities by manner of income. Profits tax deducted from the prize amount additionally involves crores of rupees. Above all, gracious amount is mendacity with the relate authorities as undistributed prize.
Started as a month-to-month program Kerala Suppose lottery is currently having a indicate 5 attracts a week. The most significant prize distributed in a intention has elevated from Rs. 50000 to Rs. 1 crore and even more. Whole sale of tickets has additionally elevated from Rs.75 lakhs to Rs.125 crores a year. Thus it is miles felt that the lotteries play a essential characteristic in the lifetime of Kerala folks.
But compare students, academics and coverage makers maintain no longer attempted great on the topic. This compare gap motivated the coed to clutch this topic. Compare field might perhaps perhaps be fastidiously identified and conceptualised simplest after an intensive literature review.
A survey amongst 300 samples maintain been made of the assorted regions – southern central and northern. The districts of Thiruvananthapuram, Thrissur and Kannur maintain been selected at random for the reason and 100 samples from each and every district maintain been selected and studied to analyze the motives in the again of wanting for tickets and the abundance of faith the public has in the Kerala Suppose Lottery. A survey amongst 90 responses was made of winners of gracious prize quantities to analyze the pattern of utilization of prize money.
A survey amongst 150 samples was additionally made of the sellers of tickets to analyze the profits earned by them from this exclaim. The sample sizes maintain been saved low due to difficulties in getting the relevant team. The Director of Kerala Suppose Lotteries, just a few district lottery officers, just a few very gracious and in actuality tiny sellers of tickets, the President of Kerala Lottery Brokers Affiliation (KLAA) and masses others. maintain been additionally contacted and interviewed for their opinions and attitudes relating to the Kerala Suppose Lottery. Mute files maintain been analyzed using acceptable and relevant recommendations.