 | |
| Region | Israel |
|---|---|
| First draw | 1951 |
| Regulated by | Ministry of Finance (Israel) |
| Highest jackpot | ₪80,000,000 |
| Odds of winning jackpot |
|
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 Lottery[1]
In 2012, Mifal HaPais's annual revenue was estimated at ₪5,000,000,000 a year.[2]
- ^ פַּיִס in Hebrew Wiktionary
- ^ Arlosoroff, Meirav (May 27, 2012). "The Number's Up Treasury Leaves Nothing to Chance, Takes Control of Lottery". HaAretz.