Kerala state lotteries – types, tax, prizes, and prices

Kerala State Lotteries

Kerala State Lotteries is a lottery pr💯og💫ram organised by the state government of Kerala.

Lottery is a type of gambling in India, in which tickets with different number combinations are 🌟🐲purchased by participants, and numbers are drawn at random from a pool to announce the winners.

In this article, read about Kerala state lottery:

Types, Prices & Prizes
RESULTS
Tax structure

In the year 1967, when all the private lotteries were banned, the then Finance Minister of the state, P. K. Kunju Sahib, proposed the idea to set up a Lottery department under the Government of Kerala. The objec🦂tive behind this was to generate employment and supplement the state’s revenue.

The Lottery department was earlier placed under the Department of FInanꦰce, but was later moved under the Department of Taxes.

After the success of this model, some other states in India also adopted it and launꦚched their own state lotteries.

The Directorate of the department is located in Vikas Bhawan at Thiruvananthapur♛am. It has 14 district o💙ffices and a Regional Deputy Directorate at Ernakulam.

Types of Kerala State Lotteries

There are seven different types of weekly Kerala lottery draws conducted by Kerala State Lottery Department. They have different price and prize sturcut🐬ures.

Kerala state lottery Pournami has the first prize of Rs. 70 lakhs, the second prize of Rs. 5 Lakhs, the third prize of Rs. 1 Lakh, and a consolation prize of Rs. 8000. The price of a single ticket of the lottery is Rs. 30 and that of a book is Rs. 750. The draw for Pournami Kerala lotteries are held on Sunday.

Kerala lottery called Win Win has the first prize of Rs. 65 lakhs, the second prize of Rs. 10 Lakhs, the third prize of Rs. 1 Lakh and a consolation prize of Rs. 8000. The price of a single ticket of the lottery is Rs. 30 and that of a book is Rs. 750. The draw for Win Win Kerala lotteries are held on Monday.

Kerala state lottery Sthree Sakthi comes with the first prize of Rs. 60 lakhs, the second prize of Rs. 5 Lakhs, and a consolation prize of Rs. 8000. The price of a single ticket of Sthree Sakthi is Rs. 30 and that of a book is Rs. 750. The draw for Sthree Sakthi Kerala lotteries are held on Tuesday.

Akshaya Kerala lottery has the first prize of Rs. 60 lakhs, the second price is Rs. 50 lakhs, and the third price is Rs. 1 lakh. The consolation prize of the lottery is Rs. 8000. The price of s single ticket is Rs.30 and that of a book is Rs. 750. Kerala state lotteries Akshaya are drawn on Wednesday.

Karunya Plus Kerala lottery has the first prize of Rs. 80 lakhs. Its second prize is for Rs. 5 Lakhs and the third prize is for Rs. 1 Lakh. The consolation prize for Karunya lottery is Rs. 8000. The price of a single ticket of this lottery is Rs. 40 and that of a book is Rs. 1000. Karunya Plus Kerala lottery draw is held every Thursday.

Nirmal Kerala State lottery has the first prize of Rs. 60 lakhs. The second and third prizes for this lottery are Rs. 5 Lakhs and Rs. 1 Lakh, respectively. Its consolation prize is Rs. 8000. One can buy its single ticket for Rs. 30 and the entire book for Rs. 750. The draw for Nirmal Kerala lotteries is held on Friday.

Karunya Kerala state lotteries carry the first prize of Rs. 80 lakhs, the second prize of Rs. 10 Lakhs, the third prize of Rs. 1 Lakh, and a consolation prize of Rs. 8000. Participants can buy a single ticket for Rs. 40 and a full book for Rs. 1000. The draw for Kerala state lotteries Karunya is held on Saturday.

Besides the prizes mentioned above, there are other prizꦆes ranging from Rs. 100 to Rs. 5000, for ♛the above lotteries.

The state department also hosts festive Bumper l𓆏otteries like Xmas (for christmas), Vishu, Thiruvonam (for Onam) and Pooja (for Dussehra), and seasonal jackpots like Summer and Monsoon lotteries.

In the year 2017, a of Rs. 10 Crores.

All the ab𒉰ove kerala lotteries combined make for the biggest cash flow in the state.

Related Posts:
August 1, 2017 – Kerala government asks centre to ban Mizoram lotteries, arrests lottery agent꧃s

July 29, 2017 – Kerala FM dubs Mizoram lotteries illegal

December 12, 2010 – Rs. 7,000 crore illegal lottery scam exposed

Kerala State Lottery Results

The live kerala state lottery result is announced at 3 PM every day at Sree Chiᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚthira Home Auditorium, Thiruvananthapuram.

To check the lottery results online, one can visit , 4 pm onwards. The results are also publis🅺hed in Kerala Government Gazette.

For prize money less than Rs. 5000, one can claim the money from any lottery shop in the state after verifying the Kerala lottery numbers from the Gazette. For any amount above Rs. 5000, winners need to submit the winning lottery ticket at a bank or government lottery office with an ID proof, within 30 days of the draw. Read about the documents requi🐻red to .

To check the Kerala state lottery results today, participants can visit the Kerala S🍒tate lottery website after 4 pm.

Related Posts:
June 5, 2014 – Kerala High Court directs payment of♈ prize money to Mumbai lottery winner

How much tax will you pay on winning a Kerala State lottery

If you win a Kerala state lottery, the prize money will be taxable under the head ‘Income from other 🍸🧔Sources’.

When your winning is above Rs. 10,000, TDS of 30% will be automatically deducted from your earning ಞunder Section 194B of the Income Tax Act, 1961 and you will receive the balance, as per section 194B. The prize distributors are responsible to deduct this tax amount b🦋efore giving any prize money to the winners.

🧸One may note that no deduction under Sections 80C or 80D i💖s allowed from this income.