The Lotteries (Regulation) Act, 1998

The Lotteries (Regulation) Act, 1998 is an Act of the Indian Parliament that regulates the operation and management of lotteries in India. The Act aims to ensure that lotteries are conducted in a fair and transparent manner, and that the interests of players are protected. The Act defines what constitutes a lottery, who can conduct lotteries, and the conditions that must be met by those who wish to conduct lotteries. It also establishes the powers and duties of state governments in regulating lotteries, and lays down penalties for contraventions of the Act. The Lotteries (Regulation) Act, 1998 is an important piece of legislation that helps ensure that lotteries are conducted in a manner that is fair and equitable to all stakeholders.