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December 4, 2016 / 4 Kislev, 5777
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Israelis Love of the Lottery Pushes Revenues Up by 14 Percent


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The safest bet in Israel is that the national lottery Mifal HaPayis will make money. It announced Sunday that it raked in $810 million in the first six months of 2013, 14 percent more than in the same period last year.

The most popular game is the lotto, which brought in $214 million, one-third more than in the first six months of 2012.

Mifal HaPayis plows its profits back into communities, doling out $130 million to local authorities in the period from January through June, the highest semi-annual amount in history.

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