Introduction – What is Govisetha?
Indeed, the population of those people who are fond of playing games with real money stakes is increasing worldwide. And, same is the case with Sri Lanka. A very popular, relevant and well recognized lottery game exists in Sri Lanka. And, its name is “Govisetha”.
Basically, it is a lottery that caters to a huge pool of participants on a regular basis. This lottery game with real money prizes has laid a solid foundation for itself. Initially, Govisetha lottery was developed and established as one of the initiatives of “National Lotteries Board”. In addition, these draws take place every Monday of every week. You will get all the information related to this lottery game and everything related to it further.
Govisetha – More relevant information about the lottery game
- As has been noted, it is a very popular lottery game in Sri Lanka. Moreover, it came into existence as a result of NLB’s initiative. Evidently, the establishment of this lottery game was done with the purpose of helping and supporting the farmers of Sri Lanka. In simple words, giving support to consequently uplift the agriculture sector of the country.
- The primary goal of this lottery game is to raise sufficient funds to provide aid to the farmers. Meanwhile, these funds do not only go to farmers’ aid. According to sources, NLB raises these funds to later a lot them to projects related to rural as well as agricultural development. While raising all these funds, they are also able to provide huge money prizes to lottery players if they get lucky and win. Indeed, there are many opportunities to make these exciting prizes yours.
- As time has passed, this specific lottery game which exists because of a government initiate has grown in popularity. This rapid growth of recognition can be credited to its contributions to the society. Hence, the platform helping out son many people across Sri Lanka appeals to many individuals.
How does “Govisetha” function/work?
- Without a doubt, the model and concept this lottery game is based on is very simplified. For the same reason, its operations are not so hard to understand once you get appropriate knowledge. Evidently, the simple model it is based on also helps the lottery game to cater to a wide range of Sri Lanka’s population. The lottery tickets are known to be made available to buy for appropriate and fair prices. Hence, being affordable for the individuals.
- Each ticket gives the individual one chance to win one of the prizes specified by the lottery. And, these prizes offer different specific amounts. For example, there are huge jackpots along with other prizes of smaller amounts. Winning one of these lotteries can surely change your life. These lottery games are known to be held on regular basis. You will get more information about this later in the blog. The result i.e., the winning numbers get announced to the public through different mediums of media.
- Purchasing tickets for these lotteries are not so difficult and do not demand much efforts. Simply, you need to go ahead and purchase them through a specific authorized dealer you find suitable. In addition, these authorized dealers have a strong network and can be found spread all across Sri Lanka. By playing these lotteries the individuals also contribute to development of their rural areas and agriculture.
Govisetha – All you need to know about National Lotteries Board (NLB)
- Basically, it is a government operated authority.
- NLB handles everything related to gambling in the country.
- Evidently, National Lotteries Board has jurisdiction all over Sri Lanka.
- According to sources, it certainly came into existence and was founded back in the year 1954. And, it has been 70 years since its establishment.
- Currently, the headquarters of NLB are located specifically at No 32, Deshamanya N W J Mudalige Mawatha, Colombo 01.
- Jagath P Wijeweera is surely the chairman of NLB as of now.
- Lastly, this authority is owned by Ministry of Finance, Sri Lanka.
Govisetha – The different kinds of prizes
As you may know, lottery games like this do not include only a single prize. Indeed, there are many prizes at different levels. For example, the 1st prize, 2nd prize and so on. The top most prize will certainly be the most rewarding and exciting. And, as we move down the list the amount will start decreasing in the prize money. In simple words, there are many different kinds of prizes here. And, the reason behind this is simply that these amounts vary along with tiers/levels of prizes.
- Firstly, there is the 1st You can even refer to this as the jackpot or grand prize. Evidently, Govisetha’s grand prize is known to be LKR 50 million usually in most draws. Most of the lottery players are after this reward only.
- Thereafter, the second prize here is known to be LKR 1 million. Even though it’s the second prize, the amount of prize money is still a lot.
- And, the third prize is LKR 100000 according to sources.
- Above mentioned are the main prizes. Thereafter, there are only other cash prizes of smaller amounts. Indeed, the amount in these other prizes range between LKR 10000 and 1000.
- Lastly, for those lottery players whose numbers were very close to the winning numbers. They get the consolation prizes which are usually LKR 100 or LKR 500.
Govisetha – Claiming of prizes
- First of all, you should be certainly on verifying your winning ticket. You can do so by checking the official results attentively. Evidently, these results can be found through a variety of means. For example, including the TV broadcasts, newspapers, authorized dealers and the official website of NLB.
- Also make sure to keep your ticket in a safe place until you get it cashed out. This is certainly because damaged tickets with unclear print are often not accepted. Hence, to avoid disqualification take good care of your ticket.
- If your prize money is up to LKR 5000 then you can cash out from any authorized lottery dealer in Sri Lanka. And, you will get the money in cash.
- However, if your prize money is between the amounts of LKR 5000 and LKR 1000000. Then, you need to visit a district office of NLB nearest to you. Once you are there you will be demanded to give the ticket along with a valid ID proof. And, you will be paid with a cheque or a direct bank transfer.
- For prize money amounts larger than LKR 1 million, you are required to visit their headquarters in person. Evidently, their headquarter is located in Colombo. Here also you will be paid with a cheque or bank transfer.
Govisetha – Guidelines to keep in mind
- You should know that you only have 180 days to successfully cash out your prize money.
- Moreover, the government will surely apply taxes on your winnings. And, you are obligated to pay the taxes and fulfil your duty.
- You should surely sign on the backside of your ticket with your name. this is to avoid anyone else cashing out your ticket and taking away the prize money.
- Lastly, if you win a substantial amount of money then it is highly recommended to hire a legal professional or financial advisor. They will be able to help you get the most out of your reward without any hassles.
Conclusion
Surely, this was a great initiative by the National Lotteries Board (NLB) to start this lottery game. As a result, many people have managed to turn their life around for good after winning one of these lotteries. On the other hand, this weekly lottery game also raises a lot of funds which can be used for the good of society. The agricultural world and rural places of Sri Lanka are surely benefitting from this.
FAQs
Q – Who is the chairman of NLB?
Jagath P Wijeweera
Q – NLB is owned and operated by?
Ministry of Finance
Q – Can anyone around the world play this lottery game?
No, only residents from Sri Lanka are allowed to engage.
[AUTHOR – PIYUSH CHAUHAN]
