While we have since seen many lottery winners from India, nobody can stake the claim to being the first online lottery crorepati. Ananthu Vijayan, a temple worker from Kerala’s Idukki, won the grand prize of ₹12 crores in the Thiruvonam Bumper Lottery on September 21, 2020. The 24-year-old at the time purchased the lottery ticket with the serial number TB from a lottery agent a few days prior to the draw date. In India, you can buy online lottery tickets both from TheLotter and their Indian lottery brand LottoSmile. Lottosmile is one of the most popular lotteries where there is a real opportunity to make good money.

The prize-giving organization is responsible for deducting TDS and then paying the winnings. If the amount of the award or the prize is more than INR 10,000, TDS would have to be deducted from the winnings at 31.2% before paying it to the winner according to the provisions of Section 194B. With Olympic medallists receiving substantial prize money, many might wonder whether these awards are subject to taxation.

Lottery Sambad Results

If you use the online service LotteryWorld.com to take part from India, the cost is ₹300 per entry. This is a similar price to Bumper draws in India, plus the jackpot is far higher. The Kerala Christmas New Year Bumper, one of the biggest in India, also costs ₹300 and the jackpot is ₹12 Crore. You can enter online from India by using licensed and regulated services such as LotteryWorld.com. Once you have chosen your numbers, https://bhtclubs.com/ you just need to pay for your entries.

Kerala State Lottery Result 2024 Live: Tax Deduction on Nirmal NR 410 Prize Money

• The draw is done either by an electric machine or by selecting numbers from drums.
• However, we will try and explain everything we know about the legal online lottery in India.
• The Indian lottery industry has not managed to transition, as we will see in more detail below.
• Participants can verify their ticket numbers against the winning list published in the Kerala Government Gazette.

The jackpot has been known to exceed US$1 billion (approximately ₹70 billion). All states in India follow The Lottery Regulations Act, 1998, which allows each state to organise its own state lottery. Lottery winnings are subject to a fixed flat tax of 30% under Section 194B.This rate does not change according to the amount won or the receiver’s tax bracket. Such winnings attract a tax rate of 30% plus a cess, like health and education cess, at 4%, thus making the effective tax rate 31.2%. The money received under the award would be mentioned under the head ‘income from other sources’, and it would be taxed. When it comes to awards, they are considered to be tax-free if the Government of India approves them.

We cover every state lottery in India, whether its daily, weekly or monthly and will offer the results from every Dear Lottery that takes place. Our results are checked and verified so you know they are accurate and reliable. The jackpot is paid by bank transfer after verification checks have been conducted to make sure that the details on your account match those of the winner so that the amount is paid to the correct person. The government of Uttar Pradesh follows the Public Gambling Act of 1867, with a few strict amendments added in 1976.

In the standard weekly you may win the first prize of 4.26 crore rupees and in the Bumper draws the first prize is as big as 42.61 crore rupees. If you win a fixed prize you will receive a notification directly after the draw and then you will be credited to your online lottery account soon after. If winning the jackpot a Lotto India agent will give you a phone call shortly after the draw so make sure you have the correct phone number information connected to your account.

This is not surprising, as it is also the case in many developed gaming markets like the US and the UK. In fact, up to two-thirds of gamblers engage in lottery, choosing it over casino or other betting options. Find more Lotto India results below, starting with the most recent at the top of the list.

The result for today or the most recent draw is shown directly below, and you can scroll further down the page to find more. There’s only one chance to win this enhanced jackpot, on the day of the Bumper Draw, before it resets to ₹1 Lakh, so be sure not to miss out. The government must therefore endeavor to address and resolve the pending issues and overcome the existing ambiguities related to lotteries in India for the collective benefit of one and all. The organization and promotion of lottery rests with the State Governments to protect the interest of the public. Learn about the special Bumper Draws that take place from time to time, and which offer even bigger jackpots.

However, ensure the platform is secure and licensed before downloading the app. Also, some apps are only available for Android devices and not for iOS. To download the LottoSmile mobile application click on the app icon available at the bottom of the home page. Android users can download through the android icon that will direct them to the downloadable APK link.