Lotteries return to Venezuela

Lottery

Lotteries return to Venezuela

Tuesday 04 de July 2023 / 12:00

2 minutos de lectura

(Caracas).- After several years of economic decline and the disappearance of certain common things among Venezuelans, one of them being lottery games, step by step they have announced their return to the country to increase the competitive spirit of Venezuelans.

When the competition returns, the ticket and ticket sellers return on the street so that citizens are encouraged to play luck to see if it changes their lives with these million-dollar prizes.

The devaluation of the bolivar made them disappear from the country, but the establishment of the dollar allowed them to return and these prizes are now in American currency.

Resurgent lotteries
At least three large lotuses have re-emerged in Venezuela in the last year and a half, driven by an informal dollarization that the government allowed as an escape valve in the face of the acute crisis.
Playing the lottery is part of the Venezuelan DNA and for decades raffles were held that distributed millionaire prizes in bolivars. Even the late former president Hugo Chávez did not touch them when he banned casinos and bingos in 2011.
With the easing of strict exchange control in 2018, things took a turn. The Triple Gordo, which Goitía sells, today has a prize of 500,000 dollars for 5 a ticket.

High sales
"We really have quite high sales," says this 55-year-old graphic designer, a seller for six months. In addition to the Triple Gordo, relaunched on January 1, 2022, this year the Kino Táchira also returned, which became the most popular draw in the country and this week has an accumulated jackpot of $750,000.

The Kino, at its peak, came to distribute the equivalent of 2 million dollars in 1998.

These are prizes that are small compared to other lotteries in the world that deliver hundreds of millions of dollars, but in Venezuela, where salaries rarely exceed 100 dollars, 500,000 is a fortune that allows you to dream.

Categoría:Lottery

Tags: Sin tags

País: Venezuela

Región: South America