In which year was the ‘Lotteries Regulation Act’ passed?

Option 4 : 1998

The correct answer is 1998.

• The Lotteries Regulation Act of 1998 is a significant piece of law that establishes detailed standards for the central government's handling of Indian lotteries.
• It also permits state governments to conduct and regulate lotteries under certain conditions.
• This legislation was passed on the 7th of July, 1998, and went into effect on the 2nd of October, 1998. The Lotteries (Regulation) Ordinance of 1998 is repealed.
• Furthermore, the phrase "bumper draw of the lottery" is defined in Section 2 (a) of the Act as a special lottery drawn on any festival or a special occasion where the offered prize money is greater than the prize money offered in a regular draw of lotteries.
• According to Section 2 (b) of the Lotteries Regulation Act, a lottery is "a programme in which prizes are distributed by choosing the fate of ticket purchasers by lot or chance."​

• Lotteries have long been a popular kind of gambling around the world. They were typically sold during the mediaeval period to collect funds for the town's defences and to assist the area's poor.
• While many Indian gambling laws apply to all forms of gambling in India, the Lotteries Regulation Act of 1998 is separate legislation that governs the Indian lottery system.
• The legislation was written with the intention of regulating the buying and selling of lotteries in the country and, as a result, bringing the entire lottery selling industry under the control of the government.