Lottery is a produce of playing. Kerala Negate Lottery used to be started in the twelve months 1967. The initiative used to be taken by the then Negate Finance Minister Sri. PK Kunchu. At some stage in that interval Kerala used to be plagued by acute unemployment. The different of unemployed early life before all the pieces of the third five twelve months opinion used to be above 1.3 million1. The shift from agriculture to industrial and industrial activities, the craze for white collar jobs, the growth of provider sector, insufficient amplify in non tax income equivalent to hobby, dividend and income, elevated public expenditure and plenty others. dangle been the components that led the finance minister to take into memoir a supplementary offer of income for the notify.
Thus lottery used to be basically for reducing employment and to a particular extent for supporting the notify income. Lotteries dangle been generated by deepest agencies at that point. Later deepest lotteries dangle been banned. As of late, easiest the notify authorities conducts lottery. Principles and regulations for conducting lotteries dangle been framed and lotteries dangle turn out to be overall affair now. At contemporary it provides employment to extra than 3 lakh of us and contributions, extra than Rs. 10 crores a twelve months to the notify authorities through income. Earnings tax deducted from the prize amount moreover involves crores of rupees. Above all, colossal amount is lying with the notify authorities as undistributed prize.
Started as a monthly program Kerala Negate lottery is currently having a median 5 attracts per week. The first prize disbursed in a draw has elevated from Rs. 50000 to Rs. 1 crore and plenty extra. Total sale of tickets has moreover elevated from Rs.75 lakhs to Rs.125 crores a twelve months. Thus it is felt that the lotteries play a vital feature in the life of Kerala of us.
However evaluation scholars, lecturers and coverage makers dangle now not attempted grand on the discipline. This evaluation hole motivated the pupil to buy this topic. Analysis scenario will also be in moderation known and conceptualised easiest after a detailed literature overview.
A leer amongst 300 samples dangle been made of the thoroughly different areas – southern central and northern. The districts of Thiruvananthapuram, Thrissur and Kannur dangle been chosen at random for the cause and 100 samples from every district dangle been chosen and studied to analyze the motives in the support of procuring tickets and the abundance of faith the public has in the Kerala Negate Lottery. A leer amongst 90 responses used to be made of winners of colossal prize amounts to analyze the pattern of utilization of prize money.
A leer amongst 150 samples used to be moreover made of the sellers of tickets to analyze the income earned by them from this exercise. The sample sizes dangle been kept low as a result of of the difficulties in getting the relevant neighborhood. The Director of Kerala Negate Lotteries, a pair of district lottery officers, a pair of very colossal and if fact be told diminutive sellers of tickets, the President of Kerala Lottery Agents Association (KLAA) and plenty others. dangle been moreover contacted and interviewed for their opinions and attitudes about the Kerala Negate Lottery. Serene knowledge dangle been analyzed using appropriate and relevant ways.