What should I do if I win the Kerala lottery?

The prize-winner of a lottery shall surrender the prize-winning ticket within 30 days of the draw with all necessary documents. Prizes up to Rs. 1Lakh may be claimed from the District Lottery Offices concerned.

What to do if you win a 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.

How long after winning the lottery do you get the money in Kerala?

[(3) The prize winning tickets, in original, shall be surrendered before the office concerned within 30 days from the date of draw. The prize winner shall claim the prize amount either directly or by post or through Nationalised Bank/Schedule Bank/State Co-operative Bank/ District Co-operative Bank.

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.

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How do you claim money if you win the lottery?

There are three ways to claim prizes $599 and under: visit a Lottery retailer, claim at a Lottery District Office or claim by mail. Option 1: Visit a Lottery Retailer Best Option! Take your winning ticket to a Lottery retailer and the clerk will hand you cash on the spot. Talk about easy!

Which lottery is best in Kerala?

Which lottery is best in Kerala: Day wise draws, with prize…

  • Pournami: 1st prize, Rs 70 lakh, 2nd, Rs 5 lakh, 3rd Rs, 2 lakh. …
  • Win Win: 1st prize, Rs 65 lakh, 2nd, Rs 10 lakh, 3rd Rs, 1 lakh. …
  • Sthree Sakthi:
  • Akshaya:
  • Karunya Plus:
  • Nirmal:
  • Karunya:

Can outsider 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 do you collect small lottery winnings?

Prizes up to $1000 can be claimed at any NSW Lotteries retail outlet in New South Wales and the Australian Capital Territory. Prizes of up to $500 can be claimed at any SA Lotteries retail outlet. Prizes between $500 and $5000 can be also be claimed in-store at the retailer’s discretion.

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.

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How much tax do you pay on lottery winnings in India?

The Benefit of basic exemption limit and income tax slab rate is also not applicable to this income. The entire amount received will be taxable at the flat rate of 31.20%.

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