New lottery tickets priced at Rs. 50.00 with bigger prizes ! Rs. 20.00 tickets will also continue - Finance minister

(Lanka-e-News -28.Jan.2017, 10.30PM)  In order to resolve the issues pertaining to the Lottery ticket price , the existing lottery tickets priced at Rs. 20.00  each will  continue at that price , and a new lottery ticket priced at Rs. 50.00 each with bigger prizes is to be introduced shortly , said  minister of finance Ravi Karunanayake  .

The Finance minister made this disclosure when responding to the query posed  to him on the 27 th by Lanka e news .

After giving due consideration to the views of the president and Bandula Gunawardena of the opposition , this measure was taken  with a view to implement  the proposal to set aside a tax of Rs. 5.00 on each lottery ticket towards country’s  development in the budget which was twice ratified by the government , Ravi Karunanayake explained. 

 Nevertheless in the areas where the sales are poor , the appointment of new agents will be continuing , he pointed out.

In the last budget when a government tax of Rs.5.00 was introduced per ticket , the lottery ticket price rose from Rs. 20.00 to Rs. 30.00 . The lotteries agents struck work because they did not get Rs.10.00 more per ticket  ( after the proposed new tax) computed on the 17 % commission paid to them earlier. 

A president of the country intervenes when it concerns policy decisions , and not when it revolves around two penny half penny matters, yet Maithripala Sirisena summoned the lotteries agents and held discussions.  Following the discussions he halted the increase in price of  Rs. 10.00 per lottery ticket , and ordered that the lottery tickets be sold at Rs. 20.00 each as before. It was thereafter , this aforementioned latest  proposal was made to meet the Rs. 5.00 tax payable to the government  per ticket introduced via the budget .

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by     (2017-01-28 17:18:05)

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What is thirty eight thousand four hundred and seventy four as a number?

  1 discussion on this news

I personally do not advise public to buy lottery tickets as it's a big scam. Public only wins Rs. 20, 50,100,500 and nothing more. It's a big play out as everything else in Sri Lanka.
-- by Sambo on 2017-02-01

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