Rs 12-crore Xmas-New Year bumper fetches dept Rs 77 crore
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By Express News Service
THIRUVANANTHAPURAM: The Christmas-New Year Bumper raffle fetched Rs 77.35 crore turnover to the State Lotteries Department. A complete of 32.99 lakh tickets had been bought as towards the earlier 12 months’s variety of 36.84 lakh tickets.
Thiruvananthapuram Mayor Arya Rajendran drew the lot to pick the winner of the primary prize, Rs 12 crore. The internet incomes for the primary prize winner is Rs 7.56 crore after the deduction of 10 per cent as agent’s fee and 30 per cent as tax.
The division’s internet revenue can be round six per cent of the turnover. Last 12 months, when the turnover was Rs 98.69 crore, the division’s revenue was Rs 29.93 crore. “This year, the net profit would be much lower since the GST was upped from 12 per cent to 28 per cent. The exact amount will be known by Sunday,” stated a lotteries division officer.
Lottery gross sales are again to regular after the post-lockdown hunch, the officer stated. An common 90 lakh tickets the 5 weekly lotteries are bought, every priced at Rs 40. The new month-to-month lottery, Bhagyamithra, can be getting good response.
