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Aug 15, 2013 (LBO) – Sri Lanka’s state-run National Lotteries Board (NLB) expects revenues to grow 16.2 percent to 14.7 billion rupees in 2013, a top official said.

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This year it has paid 3,761 million rupees as prize money and created paid prizes of over 10 million rupees to 14 winners. Chairman Chaminda Athuluwage said revenues have doubled to 12.7 billion rupees in 2012 to 2009 from 6.2 billion rupees in 2009.

NLB is offering its highest prize money in its history of 50 million rupees and 50 Micro Panda cars to celebrate 50 years in operation.

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The firm was set up in 1963.

Athuluwage said NLB paid over 1,500 million rupees as taxes to the said last year and this year it is expected to go up to 1,700 million.

NLB has 16,000 sales agents around the country.

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