Development Lotteries Board known as Development Lottery Centre at the inception was established in 1983. The main objective of the Centre was to assist the Government to raise finances. Subsequently, in 1993, the Development Lottery Centre was formed to a Trust known as the “Development Lottery Trust”. On 12th August 1997, the Trust was converted to “Development Lotteries Board” by the Development Lotteries Board Act.20 of 1997.

Mahapola Trust Fund invested Rs. 2.2 mn in Development Lotteries Board, Board includes Chairman of the Mahapola Higher Education Scholarship Trust Fund or his representative.

The income generated by Development Lotteries Board is directly credited to the President’s Fund, then 50% of the profit remitted for the Mahapola Higher Education Scholarship Trust Fund.

Year 2012 2013 2014 2015 2016 2017 2018
Amount Transferred to Mahapola Trust Fund (Rs.Mn) 734 896 898 736 767 25 804
Development Lotteries Board
No.356, Dr. Colvin R de Silva Mawatha,
Colombo 02.
Tel : +94 114 824 824
Email : info[at]