Det Danske Klasselotteri is a state-owned

lottery A lottery is a form of gambling that involves the drawing of numbers at random for a prize. Some governments outlaw lotteries, while others endorse it to the extent of organizing a national or state lottery. It is common to find some degree of ...

Denmark ) , song = ( en, "King Christian stood by the lofty mast") , song_type = National and royal anthem , image_map = EU-Denmark.svg , map_caption = , subdivision_type = Sovereign state , subdivision_name = Danish Realm, Kingdom of Denmark ...

History

The lottery was launched as the Royal Copenhagen Class Lottery by the Royal Orphanage () and authorized by Frederick V by royal resolution of 29 June 1753. The first lottery draw took place on 25 February 1754 at Charlottenborg Palace on Kongens Nytorv. The Royal Orphanage was in 1771 deprived of its royal warrant by

Johann Friedrich Struensee Lensgreve Johann Friedrich Struensee (5 August 1737 – 28 April 1772) was a German-Danish physician, philosopher and statesman. He became royal physician to the mentally ill King Christian VII of Denmark and a minister in the Danish government. ...

. Since 1 February 1771 it has been organized by the Danish government. Eggert Balthazar-Christensen (1885) was appointed as managing director of the lottery in 1936. It was based at Suomisvej 2 in 1950. In 1921, it was converted into an ''

aktieselskab ''Aktieselskab'' (; Abbreviation, abbr.: A/S, or a/s, Unicode ; literally meaning: "stock company") is the Denmark, Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The sharehold ...

'' under the name Danske Klasselotteri A/S.

Today

In 2006, Det Danske Klasselotteri generated total revenues of DKK 650 million. Two lotteries are arranged each year, one in April and one in October. Each lottery is divided into monthly renewals and draws (classes). 1/1, 1/2, 1/4 and 1/8 lottery tickets are available. The prize fund consists of 65% of the stakes.

References

External links

Official website
Lotteries Government-owned companies of Denmark 1753 establishments in Denmark {{Denmark-company-stub