Kerala Launches Thiruvonam Bumper Lottery with ₹25-Crore Top Prize

IO_AdminAfrica6 hours ago8 Views

Speedy Summary

  • Event: Kerala Finance Minister K.N. Balagopal launched teh 2025 edition of the Thiruvonam Bumper Lottery on July 28, 2025, in Thiruvananthapuram.
  • Prizes:

– First prize: ₹25 crore (highest among Kerala State Lotteries).
– Second prize: ₹1 crore each for 20 winners.
– Third prize: ₹50 lakh each for 20 winners.- Fourth prize: ₹5 lakh each for numbers in the series of ten.
– Fifth prize: ₹2 lakh each for numbers in the series of ten.

  • Details: Ticket price set at ₹500. The draw is scheduled for September 27, at 2 p.m.
  • Popularity & Clarity: In its record-breaking sale in 2024, over seven million tickets were sold out of eight million printed. The lottery’s credibility was highlighted by mr. Balagopal as a key factor behind its popularity.
  • Educational Session: A session to inform lottery winners about taxation and investment rules was earlier conducted by the department (in response to issues of awareness).
  • Notable attendees at the launch included Antony Raju MLA, V.K. Prasanth MLA, Lotteries director Abraham Renn and Lottery Welfare Board chairman T.B. Subair.

Indian Opinion Analysis

The Thiruvonam Bumper Lottery signifies a unique model that drives ample revenue while fostering economic participation at grassroots levels in Kerala. Managed under strict transparency protocols, as noted by Finance Minister K.N. Balagopal,it underscores public trust and state efficiency in facilitating such ventures.

The impressive scale of sales-over seven million tickets last year-demonstrates robust demand but also highlights societal dependency on lotteries as an aspirational economic activity amidst broader financial uncertainties or limited job opportunities across sectors.

Education sessions addressing taxes and investments are promising steps toward responsible handling of winnings but should become standardized practise rather than isolated events considering annual record-breaking engagements with lotteries.

However, policymakers may need consistent evaluation ensuring socio-economic implications don’t inadvertently create reliance on gambling-like systems-despite Kerala’s assured management integrity.

Read More The Hindu

0 Votes: 0 Upvotes, 0 Downvotes (0 Points)

Leave a reply

Recent Comments

No comments to show.

Stay Informed With the Latest & Most Important News

I consent to receive newsletter via email. For further information, please review our Privacy Policy

Advertisement

Loading Next Post...
Follow
Sign In/Sign Up Sidebar Search Trending 0 Cart
Popular Now
Loading

Signing-in 3 seconds...

Signing-up 3 seconds...

Cart
Cart updating

ShopYour cart is currently is empty. You could visit our shop and start shopping.