Losing educational funds to online lotteries

To improve the welfare of India, you have to the educational levels of the people. For several years productivity in India has increased. It is a direct effect of the improvements that have been made within the educational system. Every year the amount of children that go to school increases, literacy rates are increasing and more Indians than ever are attending higher education.

The means for this change is connected to educational investments made in later years. Both the national and state government have set aside resources that are earmarked for different educational programs across the country. A catalyst for these changes has been incorporating tech into the educational system . More online courses are available making schools more accessible and affordable. Yet India has a long way to go. To keep this positive momentum more financial support needs to be allocated to the educational system.

Losing educational funds to online lotteries

Education gets funding from an unforeseen actor

Indian lotteries sponsor several different welfare programs within the different states they are active. Lotteries have long played a pivotal role in the income of state funds. As of yet, there is not one Indian state lottery that has lost money. This could possibly change soon. As India is getting more educated and tech-savvy so are also their habits, including consumption habits. Online lotteries such as Powerball have taken India by storm as educated adults are more used to finding information online.

Indian Lottery fails to excel together with digitalization

The underlying problem is funds received from lottery ticket sales are now dissipating. In turn, so is also the financial support that was previously given to the educational system. The amount that is lost is substantial as well. For example, the Powerball ticket price in India  is around ₹275, meaning a substantial amount of income is being lost daily.

The Powerball works just as Indian State lotteries sponsoring state welfare programs but within the US. The difference is that the US realized the value of digitalization and opening up their lotteries to provide even more income for their educational system.   If you remove the value of being a good samaritan from Indian lotteries it is quite easy to understand the transition made by thousands of Indians to online lotteries. It's safer, more environmentally friendly, and easier to access. These benefits endanger the future of Indian lotteries resulting in reduced finances for education.

Reaping the Benefits of moving online

To be able to maintain one of the many important income streams to the educational system Indian lotteries need to transition online as well. The Sikkim State lottery  is currently the leader within digitalization with its online lottery Playwin. Sadly, other lottery friendly governments have not followed their lead. The issue is not that the competence or the need does not exist in India but rather the recurring problem that government ventures have a longer processing time when it comes to change.

Reaping the Benefits of moving online

The transition online would not only sustain and improve the lotteries but also provide more qualified jobs for thousands of Indians. These jobs could be filled by one of the many hardworking Indians that have a higher education. An important step for government officials is to reap the fruits of their educational investments. Once a decision on digitalization is made India can continue to enjoy the increasing level of citizens with higher education, more qualified jobs and a higher living standard for all.

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