News Briefs

  3/25/2014, Adar Bet 23, 5774

Lottery Makes Individuals, State Winners

The Payis national lottery organization said, Tuesday, that its revenues in 2013 came to 5.8 billion shekels (nearly $1.7 billion), up 14 percent from 2012. With 60 percent returned in winnings, payouts rose from three billion shekels in 2012 to NIS 3.5 billion.

The Finance Ministry took in 112 million shekels ($3.2 million) via the tax on winnings. There were 67 people who won prizes of more than a million shekels.