Playwin

Last updated

Playwin
Region India
Website www.myplaywin.com

Playwin is an online lottery run by the Essel Group through PAN India and sanctioned by the Sikkim government. It was one of the first such lotteries to be opened in India. Established in November 2001, it had sales throughout India both through retailers and online.[ citation needed ]

Contents

The Playwin lottery is temporarily paused as the Essel Group had to sell of parts of their operations to cover debts. [1]

The biggest Playwin jackpot was from the Thursday Super Lotto game, amounting more than Rs.17crore rupees, and won by a resident of Kolkata Mr Jay Prakash Jaiswal. In 2006, Mid-Day reported [2] that there was no taker for a winning jackpot ticket in Pune with prize money of Rs 2 Crores. In August 2015, Playwin felicitated and handed over cheques worth over Rs 9 Crores to its jackpot winners at a grand ceremony held at hotel The Lalit in Santa Cruz, Mumbai. [3]

Playwin can also be played with a card. These cards are sold in denominations of 200 rupees, 500 rupees, 1000 rupees and 5000 rupees.

In addition, Playwin previously had operations in the Indian states of Karnataka and Maharashtra.

Games

Throughout the years the Playwin lottery offered a total of 13 different games. Games prior to 2010 included Friday Easy Lotto, Lucky 3, Max 3, Keno, Triple Ticket, E-Play, Joker and Joker 5.

When Playwin stopped operations it offered five lotto games:

Super Lotto Prize Structure

The table below shows the prizes and odds of winning for both Thursday and Saturday Super Lotto draws.

Super Lotto Prizes and Odds
Matching NumbersPrizeOdds of winning
6 numbersRs 2 Crores1 in 13,983,816
5 numbersRs 50,0001 in 54,201
4 numbersRs 5001 in 1,032
3 numbers and bonus ballRs 501 in 57
The overall odds of winning any prize is 1 in 54.

Insolvency

On the 14th October 2019 Pan India Network limited had an order for the commencement of Corporate Insolvency resolution Process ordered against it by the National Company Law Tribunal in India. Pan India Network limited was asked to submit all necessary claims to the Interim Resolution Professional and shut down its lottery draws. The final playwin draw that took place was the Jaldi 5 Double draw on 1 October 2019.

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References

  1. "Essel Group repays half the debt to MFs & NBFCs". The Economic Times. 7 September 2019. Retrieved 5 May 2020.
  2. "No takers for winning lottery worth a whopping Rs 2 crore". 12 September 2014.
  3. "Playwin felicitates 14 jackpot winners with over Rs9 crore".