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.
Akshaya Weekly lottery ticket draw was held on October 27 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.
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 state government also organises four festival bumper draws — Onam, Vishu, Christmas, and Pooja/Dussehra. There are two seasonal jackpots, the monsoon and summer bumper. Other than Akshaya, Kerala State Lotteries also run draws for other lotteries such as Win-Win(on Mondays), Sthree Sakthi (on Tuesdays) , Karunya Plus (on Thursdays), Nirmal (on Friday),Karunya (on Saturdays), Pournami (on Sundays).