Best high school graduates to receive €500 each from centennial lottery

In 2018 and 2019 high school students will get great pecuniary incentives to improve their grades, as the best-performing high school graduate in each class will receive €500 from the proceeds of the Centennial Lottery, to be held as part of Latvia's 100th founding anniversary.

The scheme will require €400,000 in total, the Finance Ministry said on April 26.

It is held as a cooperation between the Finance Ministry and Latvijas Loto, the organizer of nationwide lotteries in Latvia.

"The grant program and the related Centennial Lottery is our chance to invest in the future of Latvia, in our talented and smart young people. Let's use this opportunity!" said Latvia's president Raimonds Vējonis.

The scratchcard lottery will have 1,000,000 tickets, each worth €5. A total €3.2 million will be awarded in prize money. The four largest-winning tickets will carry €100,000 each.

Tickets will be available both in physical form and online.

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