Lithuania will launch the first fiscal receipt lottery this November, with the annual prize fund planned at about 173,000 euros.
State Tax Inspectorate
© DELFI / Andrius Ufartas

A weekly game should give an opportunity to win 10 prizes of 200 euros each, with the monthly jackpot totaling at 5,000 euros, the State Tax Inspectorate said on Thursday.

On a special website, people will be able to register fiscal receipts for food, haircutting, repairs and other services, as well as items bought in marketplaces.

The lottery will be organized by Algoritmų Sistemos (Algorithm Systems) that has won a competition.

Rolandas Puncevičius, the head of the Operative Control Organization Division at the State Tax Inspectorate, told BNS that a survey had been conducted, indicating that in case of a receipt lottery 75 percent of respondents agreeing to pay full price and get receipts, while the number would be merely 62 percent without a lottery.

Finance Minister Vilius Šapoka said in April that the objective of the lottery was to educate the society and improve the collection of taxes, slash shadow economy and promote people's consciousness.

Types of lotteries of receipts are held in Croatia, Georgia, Portugal and Poland.

New trends in startup world: unicorns' aspiration is not key anymore

The question when the first unicorn with over 1 billion of US dollars in value will appear in the...

Shopping frenzy: biggest retail chains plans allocate millions of euros for new stores

Lithuania's five biggest retail chains – Maxima , Lidl , Rimi, Iki and Norfa – have...

Construction launched on EUR 15 mln hotel in Kaunas

Construction is being launched on a 15-million-euro Moxy hotel, part of the Marriott Group , in...

Revolut moves operation launch date in Lithuania (1)

The United Kingdom's fintech startup Revolut has moved the operation launch date of its specialized...

“Shazam” co-founder before his visit in Lithuania: it will be new experience



You need to fail and learn many lessons before you finally reach your success. This can be proved by...