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Mifal HaPais





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Mifal HaPais (Hebrew: מפעל הפיס) is the national lottery of Israel. Most gambling is illegal in Israel. The only bodies licensed to provide betting services are Mifal HaPais[1] and The Israeli Sports Betting Council. In 2012, Mifal HaPais's annual revenue was estimated at 5,000,000,000 a year.[2]

Mifal HaPais
Mifal HaPais logo
RegionIsrael
First draw1951
Regulated byMinistry of Finance (Israel)
Highest jackpot80,000,000
Odds of winning jackpot
  • 1 in 8,136,744 (Lotto)

History

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Mifal HaPayis headquarters, Tel Aviv (1960)
 
Eilat Sports Center Built by funding of Mifal HaPais

Mifal HaPais was established in August 1951 to recruit funding for the construction of a hospital in Tel Aviv. At first, the project's profits were used only for healthcare applications. Later on, when Mifal HaPais became a national lottery organization, its support was extended to projects in the fields of education, recreation, and the arts.

In 2007, lottery revenues were 3,848,000,000, of which 2,400,000,000 were granted as prizes and 1,100,000,000 used for various public projects.[3]

Before 2012, 46% of the profits or 10% of revenues, whichever is higher, was invested in building classrooms and day-care centers. Another 46% was distributed to local authorities, and 7.5% to other projects. A new licensing agreement grants the Ministry of Finance broad oversight and an authority will be established to supervise all legal gambling in Israel. Mifal HaPais will be required to publish criteria for allocating funding.[2]

Charity ventures

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Mifal HaPais supports the establishment of children's clinics, hospitals, sport halls, study rooms and school buildings, youth activity and adult education centers, culture halls, the performing arts, and public parks.

Games

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Mifal HaPais Zuta lottery ticket (1976)

Council for the Culture and Arts

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The Mifal HaPais Council for the Culture and Arts supports cultural and artistic development in Israel. Established in 2000, the Council allocates grants and initiates projects in fields such as performing arts, visual arts, literature, poetry, cinema, television, new media, and interdisciplinary arts. The Council awards grants to artists and creators, with a stated aim to enhance cultural diversity and accessibility, especially outside central regions of Israel.[5]

The Council supports international initiatives, including art exhibitions, performances by Israeli groups abroad, and professional training for Israeli artists. It also hosts international artists for workshops and master classes in Israel. In cinema, the Council backs the international film incubator initiated by the Sam Spiegel Film and Television School.[5]

The HaPais Council comprises up to 29 members, mainly artists and public officials from cultural fields, and operates through six sub-committees. It allocates its budget by awarding subsidies based on public requests and initiating activities. The Council's annual work plan, detailing supported projects, is published in the first quarter of each year. Major recognitions include the Mifal HaPais Sapir Prize for Literature and the Mifal HaPais Landau Prizes for Arts and Sciences.[5]

People

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Chairman

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References

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  • ^ a b The number's up / Treasury leaves nothing to chance, takes control of lottery, Haaretz
  • ^ High profits for Mifal Hapayis for 2007 3.848 billion Shekels(in Hebrew)
  • ^ It's not clear whether the payouts are "for" or "to", e.g. whether 5:1 pays the participant $6 or $5 for a winning ticket for which they paid $1.
  • ^ a b c "About Mifal HaPais Council for the Culture and Arts". HaPais Council for the Culture and Arts. Retrieved 2024-07-20.
  • edit

    Retrieved from "https://en.wikipedia.org/w/index.php?title=Mifal_HaPais&oldid=1235613545"
     



    Last edited on 20 July 2024, at 07:05  





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    This page was last edited on 20 July 2024, at 07:05 (UTC).

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