|1||A claim application along with a Photostat copy of both sides of the ticket, self attested.|
|2||Two Passport size photographs of the prize-winner duly attested by a Gazetted Officer/Notary.|
How do I collect my lottery winnings?
Lottery winners can collect their prize as an annuity or as a lump-sum. Often referred to as a “lottery annuity,” the annuity option provides annual payments over time. A lump-sum payout distributes the full amount of after-tax winnings at once.
Can Tamilnadu person buy Kerala lottery?
“Sale of lottery is not permitted in Tamil Nadu. … Only on the basis of a communication, which was sent pursuant to the notice of the Senthilkumar’s advocate, he claims that a part of cause of action has arisen within the state of Tamil Nadu.
How long does it take to receive lottery winnings in Kerala?
Prizes and prize money not claimed within 30 days from the date of draw of the results, will become the property of the Government provided the delay of presenting the prize winning tickets can be condoned up to 90 days by the District Lottery Officer, up to 180 days by the Director and up to one year by the government …
How long does it take for a lottery winner to get their money?
Once you have come forward with the winning ticket, you can expect the typical scenarios: Small prizes up to $600: Paid out immediately. Mid-range prizes: Paid out on the same day or the next banking day. Jackpot prizes: Paid out in 5 to 10 banking days.
Can I give my family money if I win the lottery?
The answer? No. You don’t pay tax on your lottery winnings, and any money gifted to family and friends is free of tax. The only tax you or the gift recipients will pay is on any earnings from this money.
What should I do if I win the Kerala lottery?
A claim application along with a Photostat copy of both sides of the ticket, self attested. Two Passport size photographs of the prize-winner duly attested by a Gazetted Officer/Notary. A receipt for the prize money in the prescribed form affixing a revenue stamp worth Rs.
Is it legal to buy Kerala Lottery online?
We do not sell online Kerala lottery tickets in accordance with the law. In 2005, the Kerala government wanted to comply with the Kerala as a free online lottery zone. for example, if you buy POURNAMI lottery tickets, the cost of each ticket is Rs. 30/-.
Can anyone buy Kerala lottery?
When asked about the issue, state lottery director Biju Prabhakar said as per the government policy, Kerala lottery tickets are sold only within the state and the residents of the state alone are entitled to get the prize.
How much tax is deducted from Kerala lottery winnings?
As of now, an Income tax of 30% will be deducted for all the prize winning claims exceeding Rs. 10,000/- For the agents prize claims an amount equivalent to 10% of the claim will be deducted as income tax. Presently no surcharge or educational cess is deducted as per the Income Tax rules.
How much money will I get from Kerala lottery?
Karunya Kerala state lotteries carry the first prize worth Rs 80 lakhs, while the second and third are of Rs 5 lakh and Rs 1,00,000 respectively. The consolation prize is Rs 8,000. Participants can buy a single ticket for Rs. 40 and a full book for Rs.
What is the price of Kerala lottery ticket?
The ticket price for Kerala Lottery is 40 rupees. Q. Where can I collect my prize?