 | |
| Region | Israel |
|---|---|
| First draw | 1951 |
| Regulated by | Ministry of Finance (Israel) |
| Highest jackpot | ₪80,000,000 |
| Odds of winning jackpot |
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Mifal HaPais (Hebrew: מפעל הפיס) is Israel's government-owned lottery company. It comprises the state's near monopoly on legal gambling together with the Israel Sports Betting Board (ISBB) (Hebrew: המועצה להסדר ההימורים בספורט). The name translates to The Institute of the Pais (a Talmudic term for a conciliatory lottery which assigned priests to daily rituals in the Temple in Jerusalem.)[1]
In 2012, Mifal HaPais's annual revenue was estimated at ₪5,000,000,000 a year.[2]
- ^ "Pais (Beit haMikdash)". he.wikipedia (in Hebrew). Retrieved 12 August 2024.
- ^ Arlosoroff, Meirav (May 27, 2012). "The Number's Up Treasury Leaves Nothing to Chance, Takes Control of Lottery". HaAretz.