Kerala Lottery Goes For Charity Earns Big Money

24 March 2013
Kochi

Kerala State Lotteries has made huge strides in the past couple of years.The government-run Kerala State Lotteries, which has stepped out of the shadows of Bhutan and Sikkim lotteries, is poised to outdo its own target of Rs.3,000-crore turnover in the coming financial year. Against a targeted turnover of Rs.1,860 crore set by the government for 2012-13, it has sold, just 12 days shy of the closure of the current financial year, tickets valued at Rs.2,650 crore. When the year closes, the Lotteries will have sold Rs.2,750 crore tickets. This would mean a net profit of over Rs.800 crore

A share of the profits from Karunya goes to the treatment and care of poor patients suffering from serious illnesses such as cancer. Mr. Prabhakar said so far this financial year, Rs.79 crore was spent on the treatment of 7,500 patients.Karunya has given a fundamental makeover to the image of Kerala Lotteries—in fact, to the very concept of lottery itself in Kerala.]

Source – http://www.thehindu.com/news/national/kerala/kerala-lotteries-sells-charity-and-earns-big-bucks/article4535101.ece

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