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

Kerala State Lotteries

Kerala State Lo🧜tteries is a💛 lottery program organised by the state government of Kerala.

Lot🌌tery 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 ꦓbanned, the then Finance Minister of the state, P. K. Kunju Sahib, proposed the idea to set up a Lottery depart💜ment under the Government of Kerala. The objective behind this was to generate employment and supplement the state’s revenue.

The Lottery department was earlier placeꦐd under the Department of FInance, but was later moved under the Department of Taxes.

A💛fter the success of this model, some other states in India also adopted it and launched their own state lotteries.

The Director✅ate of the department is located in Vikas Bhawan at Thiruvananthapuram. It has 14 district offices and a Regional Deputy Directorate at Ernakulam.

Types of Kerala State Lotteries

There are seven different types of weekly Kerala lottery draw💮s conducted by Kerala State Lottery Department. They have different price and prize sturcutures.

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 mentione⭕d above, there are other prizes ranging from Rs. 100 t💖o Rs. 5000, for the above lotteries.

The state department al🥃so hosts festive Bumper lotteries like Xmas (for christmas), Vishu, Thiruvonam (for Onam) and Pooja (for Dussehra), and sea๊sonal jackpots like Summer and Monsoon lotteries.

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

All the above kerala lotte▨ries combined make for the biggest cash flow in the state.

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Kerala State Lottery Results

The live kerala state lottery result is announced at 3 PM every d♏ay at Sree Chithira Home Auditorium, T🌃hiruvananthapuram.

To check the lottery results online, one can visit , 4 pm onwards.𝓰 The results are also published 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 lotte🍷ry ticket at a bank or government lottery office with an ID proof, within 30 days o🍰f the draw. Read about the documents required to .

To check the Kerala state lottery results today, participa💜nts can vis꧙it the Kerala State lottery website after 4 pm.

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

If you win a Kerala stat🐠e 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 under Section 194B of the Income Tax Act, 1961 and you will receive the bala💎nce, as per section 194B. The prize distributors are responsible to dedu🎶ct this tax amount before giving any prize money to the winners.

One ma🐠y🎶 note that no deduction under Sections 80C or 80D is allowed from this income.