Kerala State Lottery offers a variety of weekly lotteries. It was established in 1967 under the lottery department of the state. The idea of the department came from the then Finance Minister of Kerala, the late PK Kunju Sahib, who envisaged revenue from the sale of lotteries as a major source of non-tax revenue for the state and a stable income source for the poor and common people.
The main aim of the scheme is to provide job opportunities to the unemployed and the government to attain economic stability by obtaining finance.
Kerala Akshaya AK-472 Results at 3 PM today
Akshaya AK-472 lottery ticket draw was held on November 18 at Gorky Bhavan Near Bakery Junction, Thiruvananthapuram. The results will be announced live at 3 PM. The participants can check their results on the official website of Kerala State Lottery keralalotteries.com. For an alternative, they can check their fate at keralalotteries.net as well.
Kerala Lottery Akshaya AK-472 Prize Money
- First prize: Rs 70,00,000
- Second prize: Rs 5,00,000
- Third prize: Rs 1,00,000
- Fourth prize: Rs 5,000
- Fifth prize: Rs 2,000
- Sixth prize: Rs 1,000
- Seventh prize: 500
- Eighth prize: 100
- Consolation prize: Rs 8,000
The lottery in Kerala is run by the Directorate of Kerala State Lotteries. The department which came into existence on September 1, 1967, released its first lottery ticket on November 1, the same year.
The price of a single ticket is Rs 40, while the entire book costs Rs 750. If the prize money is less than Rs 5,000, the winners can claim the money from any lottery shop in Kerala. If the amount won is above Rs 5,000, the winners will have to surrender their tickets before a bank or government lottery office with id proofs.
The department now rolls out seven weekly lotteries viz. Pratheeksha, Dhanasree, Win-Win, Akshaya, Bhagyanidhi, Karunya and Pournami lotteries and six bumper lotteries. The department, which started with a few personnel, now has around 465 employees under its Directorate located at Vikas Bhavan at Thiruvananthapuram, 14 District Offices and a Regional Deputy Directorate at Ernakulam.