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New office complex for the DEVELOPMENT LOTTERIES BOARD which celebrates its 23^rd Year In Business

The Development Lotteries Board won the trust of the people in this country by introducing the new Development Lottery Instant winning ticket concept to the market on 19^th January 1983.

Throughout their 23 years in business, Development Lotteries Board was occupying various buildings on lease. Recently DLB acquired the National Paper Company Complex building located in Union Place spending Rs. 405 M as a capital investment upon the recommendation and guidance of Her Excellency the President and Cabinet approval for same has been obtained through the Public Enterprise Reforms Commission.

Through acquiring this building with an extent of 40,000 sq ft and moving all departments of DLB under one roof the Board envisages to uplift efficiency, cut down time, cost and labour.

The significance of this transaction is that, DLB, a national enterprise purchasing a property owned by a national corporation is public resources remaining within the public itself. This is an example and a progressive step to our general public in Sri Lanka. Moreover, Rs 16 million of stamp duty paid to Provincial Council on this sale of property will be a huge financial strength to the Western Region Provincial Council.

Looking back at the progress in the past and the present development in financial strengths, DLB is one of the fastest developing Government enterprises in Sri Lanka. Development Lotteries Board is owned by the President’s Fund and Mahapola Higher Education Scholarships Trust Fund, which helped DLB to start on a small scale with capital investments from these two funds. DLB grew from strength to strength with projects that generated funds for development within the country and thousands of self-employment opportunities were created through selling of lottery tickets.

Following are the profits DLB credited to the President's Fund during the last 10 years. The best measurement to evaluate the progress of DLB is the annual profit credited to the President fund at the end of each year.

Year	Contribution (Rs)
1994	215,000,000.00
1995	449,000,000.00
1996	369,000,000.00
1997	515,618,199.00
1998	410,943,619.00
1999	350,213,294.00
2000	532,643,969.83
2001	395,000,000.00
2002	435,000,000.00
2003	733,696,390.66
2004	843,826,725.51

Furthermore, Chairman/CEO Mr W P S Jayawardene stated that, through developing this newly acquired building to an office complex DLB will be able to offer a more efficient service to its customers, sales representatives and to the public

Progress of Development Lottery

Development Lotteries Board was inaugurated in 1983. All profits gained from this venture are credited to the President’s Fund and 50% of that to the Mahapola Scholarships Trust Fund. The money credited to President’s Fund is utilized in projects to uplift the standard of living among the Sri Lankan people, especially the rural communities, while providing immense service to Education and Health. Furthermore the Fund supports Sports, Arts, Religious and welfare organizations.

In the history of Development Lottery the highest sales figure of 44 Billion was reported in August 2005. Development Lotteries Board was fortunate to channel closely approximately around 493 million towards the development of the country through the President’s Fund from the beginning of this year to date. 

Moreover, the Development Lotteries Board was able to gift huge amounts of money as prizes, such as for "Jayoda", the lottery drawn on Mondays & Thursdays Rs. 550 million, "Development Fortune" drawn on  Tuesdays & Fridays Rs. 810 million, "Saturday Fortune"  drawn on Wednesdays & Saturdays Rs. 780/- million for the year 2004 alone.

Through DLB’s distribution plan and sale of tickets by their island wide representatives they have been able to immensely contribute in generating employment to thousands of people.

When Sri Lanka was hit by the tsunami the DLB did not forget its sales representatives.  All 87 affected representatives were awarded Rs.10,000 each. Furthermore 56 sales representatives were given sales outlets worth Rs.29, 864/- to restart their sales.

Under the insurance scheme for the sales representatives the families of deceased were compensated. DLB was able to give Rs. 200,000/- each to dependents of 6 deceased sales representatives.