Archive · 4 Sep 2025
Maharashtra Considers Lottery Revamp to Boost State Revenue
The government in Maharashtra is thinking about changing how the lottery works to make more money.
The plan is to let people buy lottery tickets, and if they don't win, the government will keep their money.
After either three or five years, the government will give the money back with extra money added on top, like interest.
A committee led by a former finance minister is in charge of this plan.
The goal is to earn more money and remove the idea that lotteries are just gambling.
Maharashtra government is considering expanding lottery operations.
The proposal aims to repay lottery ticket money with interest after 3 or 5 years.
This initiative seeks to boost state revenue.
Former finance minister Sudhir Mungantiwar heads the committee.
The plan intends to change the negative perception of lotteries.
- Who
- Maharashtra government
- What
- Considering expanding lottery operations.
- When
- Under consideration
- Where
- Maharashtra
- Why
- To shore up state revenue and revamp lottery perception
- Proposal
- Repay lottery ticket money with interest after 3-5 years
- Objective
- Revive loss-making state lottery sector
- Proponent
- Maharashtra Government
- Overseeing body
- Committee headed by Sudhir Mungantiwar