Development Lotteries Board Explained

Development Lotteries Board
Type:Government-owned corporation
Industry:Gambling
Founder:J. R. Jayewardene
Hq Location:No 356, Dr Colvin R de Silva Mawatha, Colombo 02.
Area Served:Sri Lanka
Key People:Amitha Gamage (Chairman)
Products:Lottery
Owner:Ministry of Finance
Parent:President's Fund Trust

Development Lotteries Board also known DLB is the Sri Lanka government national lottery company. stated in 1983. In 1980s Lotteries Board established with the investment of Rs. 2.2 million (Rs. 260 million in 2020). Half of money donated President's Fund. Early project advised by former President J. R. Jayawardana.[1] In 2019 President's Fund worth rise Rs. 2.668 billion.[2] In 2020 Government DLB budget reduce 5% because post COVID-19 impact in Sri Lanka economy. Previously President's Fund used health department.[3] DLB announced they lunch digital and downloadable lottery app. Lottery called "Sasiri".[4] Highest jackpot winners shared a prize of Rs. more than 50 million. DLB operated 7 lottery.

Games

Several games operate under the DLB brand:

Lagnawasana

Players buy tickets with their choice of four different numbers and one zodiac sign. The entry fee to the Lotto draw was set at Rs. 20 per board from its introduction. Lagnawasana bigger jackpots with an estimated average more than Rs. 2 million in 2020.[5]

MatchPrize (Rs.)Odds of winningNumber of winners
4 Numbers + Zodiac Sign3,675,55110
4 Numbers500,0001 in 31
3 Numbers +Zodiac Sign10,0001 in 10031
3 Numbers1,0001 in 500352
2 Numbers + Zodiac Sign2001 in 1,5001,370
2 Numbers1001 in 20,00015,089
1 Number + Zodiac Sign601 in 20,00017,296
1 Number201 in 200,000188,904
Zodiac Sign201 in 100,00058,975

References

  1. Web site: Development Lotteries Board. 2021-01-02. Development Lotteries Board. en.
  2. Web site: Development Lotteries Board. 2021-01-02. Development Lotteries Board. en.
  3. Web site: Govt. clamps down on SOEs’ promotional spending Daily FT. 2021-01-02. www.ft.lk. English.
  4. Web site: 2020-10-10. DLB introduces digital lottery. 2021-01-02. Sunday Observer. en.
  5. Web site: Development Lotteries Board. 2021-01-02. Development Lotteries Board. en.