NLB records 25% revenue growth in first half of 2025

The National Lotteries Board (NLB) has reported a revenue increase of more than 25% in the first six months of 2025 compared to the same period in 2024, with income rising by Rs. 4.9 billion.

NLB’s total revenue for the first half of 2025 stood at Rs. 22 billion, of which Rs. 11 billion was paid out as prize money—exactly half of the income. This marks a 30% increase compared to Rs. 8.9 billion paid in prizes during the first six months of 2024.

Payments to the Government Consolidated Fund rose by Rs. 536 million, while VAT, income tax and social security contribution tax together increased by Rs. 385 million year-on-year. Commission payments to lottery sellers also climbed by Rs. 1 billion, bringing their earnings to Rs. 4.4 billion in the first half of 2025, compared to Rs. 3.4 billion in the same period last year.

Based on current performance, the NLB expects its 2025 revenue to reach around Rs. 46.5 billion – Rs. 6.5 billion above the original estimate of Rs. 40 billion.

The Board stated that over 90% of its income has been allocated in ways that directly or indirectly benefit the public, including contributions to religious and cultural activities. It also expressed gratitude to the people of Sri Lanka for their continued trust and support

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