https://www.taxtmi.com/caselaws?id=307934 A claim for recovery of lottery prize money was treated as a wager because a lottery ticket remains a scheme of chance, even when the lottery is authorised by the State and regulated by statute. The statutory framework controls or permits the conduct of lotteries, but it does not alter the essential character of the promise to pay prize money or convert the arrangement into ordinary trade or commerce. On that basis, the claim continued to fall within the prohibition against agreements by way of wager, and the suit for recovery was held not maintainable. en-us Thu, 22 Jul 1999 00:00:00 +0530 Wed, 17 May 2023 12:16:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307934 A claim for recovery of lottery prize money was treated as a wager because a lottery ticket remains a scheme of chance, even when the lottery is authorised by the State and regulated by statute. The statutory framework controls or permits the conduct of lotteries, but it does not alter the essential character of the promise to pay prize money or convert the arrangement into ordinary trade or commerce. On that basis, the claim continued to fall within the prohibition against agreements by way of wager, and the suit for recovery was held not maintainable. Case-Laws Indian Laws Thu, 22 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307934