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The festival of Varamahalakshmi is dedicated to Goddess Maha Lakshmi, who is the Goddess of wealth and prosperity. Every year, the Varamahalakshmi festival is celebrated on the first Friday of the Shukla Paksha of the Shravan month. This year, the pooja falls on 4th of August. It is said that whoever performs theVaramahalakshmi pooja and the Varamahalakshmi vrat whole-heartedly will be blessed with whatever he/she wishes for. It is believed that when the Varamahalakshmi is worshipped, the results of it are equal to worshipping all the forms of Maha Lakshmi together.