Great Indian Sweep Prizes: Western India Turf Clubs War Loan Lottery Totals, Daily Racing Form, 1917-08-02


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GREAT INDIAN SWEEP PRIZES. WESTERN INDIA TURF CLUBS WAR LOAN LOTTERY TOTALS ,250,000. Tickets Cost Only .50 First Prize Is 25,000, second, 62,600 and third 1,250 Calcutta Clubs Rich Scries. The government of India is not squeamish in the matter of lietting and recently gave the AAestern India Turf Club Bombay permission to run a ,-250,000 AVar Loan lottery. All prizes were in 5V1 per cent, bonds, repayable in 1920, and of the ticket-money 5 per cent, was due to be deducted for exjienses and war funds. In India the natives take kindly to anything with an element of chance in it, and the AVestern India Turf Club had no fear that its lottery would drag, seeing that though it was only opened in Bombay, April 16, closing day was fixed for June 14, while provision was made if tickets were sold to a greater value than ,250,000. the prizes would be increased accordingly. The tickets were about .50 each, and approximately the value of the thousand prizes were as under: First prize 25,000 Second prize 102,500 Third prize 81,250 5 prizes, each 32,250 10 prizes, each 16,250 25 prizes, each 3,250 100 prizes, each . ... 1,625 200 prizes, each 812 057 prizes, each 300 The lucky drawer of the first prize will presumably receive his 5 per cent, interest annually,-and should be well able to struggle along with that return until his 25,000 is handed over to him in 1920. Most of the banks in India, as well as other prominent commercial firms, are agents for tickets. Calcutta Clubs Runs 165,000 series. The. Calcutta Turf Club has also turned its attention to the AVar Ian lottery scheme. The clubs mammoth sweep on the English Derby was, as usual, to have taken place this year, but in view of the possible interference with racing in "England, it was announced that if the Derby was not run all tickets would go into the AVar Loan sweeps, conducted by the club. Racing in England ceased prior to the date set down for the decision of the Derby. The Calcutta Club has transferred all -ticket money to AVar Loan lotteries. Of course prize-drawers will not get their money straight away, in the same fashion as in connection with the Derby sweep, but it is improbable those to whom the richest prizes fall will have any particular objection to wait about three years. It will, at any rate, give them time to think how they will siiend the money and meanwhile satisfactory interest wilt accrue. The Calcutta Club is not going in for such a large lottery as Tin; AVestern India Turf Club, but intends conducting a series of 65,000 each, one starting as soon as another fills.

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