8.03.2016

03-08-2016 WEDNESDAY AKSHAYA (AK-253) Kerala Lottery Prize Description

By Hari Sreedhar


Wednesday : Akshaya Kerala Lottery Prize Structure 2016

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ANNEXURE-III
AKSHAYA WEEKLY LOTTERY
TERMS AND CONDITIONS
1. Tickets will be printed in five series.
2. The maximum retail price of one ticket will be Rs.20/- only. One book of tickets will
contain twenty five tickets.
3. The first and second prizes will be drawn in full coming under the assured portion of
prizes. The remaining prizes will be under variable portion depending upon the sale
of tickets.
4. The consolation prizes of Rs.10,000/- each will be awarded to the tickets in other
four series, having the same number of 1st prize winning number.
5. The third prize will be determined by drawing the last four digits once and extended
to all sold tickets in all series.
6. The fourth prize will be determined by drawing the last four digits seven times
and extended to all sold tickets in all series.
7. The fifth prize will be determined by drawing the last four digits seven times
and extended to all sold tickets in all series.
8. The sixth prize will be determined by drawing the las four digits ten times and
extended to all sold tickets in all series.
9. The seventh prize will be determined by drawing the last four digits twenty times
and extended to all sold tickets in all series.
10. The eighth prize will be determined by drawing the last four digits ten times and
extended to all sold tickets in all series.
11. The ninth prize will be determined by drawing the last four digits fifty times and
extended to all sold tickets in all series.
12.If any prize numbers in any category is repeated the same will be cancelled and
redrawn.
13. An amount equal to 10% of prize money will be deducted from I st and 2nd prizes
and given as agents commission on prize to the agents concerned . An amount
equivalent to 10% of the prize money on 3rd to 7th and consolation prize and 20%
of the prize money on 8th prize and 30% of the prize money on 9th prize will be
given to the agents concerned as agents commission on prize from Government fund.
14. (i) Registered agents will get the tickets at the following discounted rates, for the
entire purchase irrespective of the district of purchase.
(a) Up to 10000 tickets - 74% of the maximum retail price
(b) Above 10000 tickets - 72% of the maximum retail price
(ii) The highest eligible discounted rate will be allowed for the entire tickets
purchased by an agency. The above mentioned discounted rate will be allowed
based on the total purchase of tickets from the different District Lottery Offices.
The dues or excess amount collected, if any, will be adjusted in future claims or
by exchange of tickets of the next lottery ,as the case may be, from the office of
registration.
15. Special incentive will be allowed to the agents who purchase maximum number
of tickets as follows :-
For the highest purchaser of and above 3 Lakh tickets -Rs.20,000/-
For the next highest purchaser of and above 2 Lakh tickets – Rs.16,000/-
For the next highest purchaser of and above 1 Lakh tickets -Rs.12,000/-
For the next highest purchaser of and above 50,000 tickets - Rs.8,000/-
For the next highest purchaser of and above 25,000 tickets -Rs.4,000/-
If two or more agents become eligible for special incentive at any of the
above stage for having purchased equal number of tickets, the incentive amount
will be equally divided among them, subject to the minimum amount of the
next lowest purchaser.
 16. Common incentive prize Rs.2000/- will be given to the agents in each district, who
purchase maximum number of tickets of and above 10,000 tickets. Rs.1000/- will be
given to the next lowest purchaser who purchase of and above 1000 tickets. If
more than one agent purchases the same number of tickets the amount will be
divided among them equally subject to the minimum amount of the next lowest
purchaser.
17.The prize winners shall prefer their claims within 30 days from the date of draw .
First prize winning ticket should be surrendered to the Director of State Lotteries in
person or by insured registered post or through Nationalised/ Scheduled Banks/
State or District Co-operative Banks supported with necessary documents.
18. The prizes of Rs.1,00,000/- and below may be claimed from the District Lottery
Offices / Directorate of State Lotteries. In the case of claimants from outside the
state , the claims should be submitted in the Directorate. The prize winners should
record their name, address and signature in the space provided on the reverse side
of the ticket. Payment of prize money will be made only after ascertaining the
genuineness of the tickets with counterfoils or by any other method as decided by
the Director from time to time.
19.Agents are allowed to collect prize tickets with prize money of Rs.5000/- and
below and pay the prize money to the prize winners themselves and thereafter
claim prize money on behalf of prize winners by exchange of tickets. The agents
should clearly state whether the prize tickets are collected and prize money already
paid to the prize winners by them, while presenting the same for payment.
20. Claims on mutilated or tampered tickets will be rejected outright. One ticket can
win only the highest prize awarded on it. Income Tax and Surcharge etc. if any, will
be deducted at source from the prize money as laid down in the Finance Act
(Central).
21.Legal jurisdiction of this Lottery will be at Thiruvananthapuram.

 Sd/-
DIRECTOR OF STATE LOTTERIES

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