Golden Casket

Golden Casket is the public limited lottery corporation in Queensland, Australia trading on the Australian Stock Exchange. It sells lottery tickets and Instant Scratch-Its (scratchcards) through newsagents and other convenience stores. Lottery draws are televised on Channel Seven four nights a week.

Golden Casket
TypePublic company
IndustryLotteries
Founded1917
Headquarters,
Area served
Queensland
ProductsOz Lotto, Powerball, Gold Lotto, Monday and Wednesday Lotto, Superdraw and Megadraw, Set For Life, Super '66', The Pools, Lucky Lotteries, Instant Scratch-Its
BrandsThe Lott
ParentThe Lottery Corporation
Websitethelott.com

The drawing of the first Golden Casket in 1917 by Queensland Patriotic Fund was to raise money to support veterans of World War I. The operation was soon taken over by the Queensland Government. In 1938, the casket paid for the construction of the new Royal Brisbane Women's Hospital.[1]

In April 2007 the Queensland Government sold Golden Casket to gambling company Tattersall's Limited for $530 million, with the proceeds going to the Royal Children's Hospital. The government will retain ownership of the Queensland asset, receive the $150 million held in reserves and continue to receive lottery taxes.[2]

On 1 June 2016 the Golden Casket brand became one of the four Tatts Group, now The Lottery Corporation, jurisdictional brands to be incorporated into a national lottery brand called ‘The Lott’. The other brands being Tatts Lottery, NSW Lotteries and South Australian Lotteries.

Cultural references

Winning the Golden Casket is a major event in Neville Shute's novel A Town Like Alice.

See also

References


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.