Kerala Lottery Prize Winner Tax and Agent Commission

Kerala Lottery Agent Commission: Kerala Lottery Agent Commission: One can easily start their agency or become an agent by following very simple guidelines laid by the government of Kerala. The Department of Lotteries' wide distribution network consists of more than 18000 agents and above 1,50,000 retailers. The guidelines for starting an agency or becoming an agent are very simple and that too without any substantial investment. Any Indian who is above the age of 18 can become a Kerala State Lotteries Agent. The first prize winner can take home 63 percent of the prize money, according to the data provided by the Directorate of Kerala State Lotteries via the Right To Information Act. While the agency commission is 10 percent of the prize money, the income tax would come up to 30 percent of the money after the agency commission is deducted. While the agency commission is 10 percent prize money, the income tax would come up to 30 percent of the money after the agent commissions are deducted.

 The Department of Lotteries has a wide distribution network consisting of more than 55,414 agents and above 1.5 lakhs retailers. Any Keralaite above the age of 18 can become an agent of Kerala State Lotteries. This initial registration is valid for a calendar year. Afterward, the agent can renew his/her agency, just for a fee of Rs. 85/-(Eighty-Five only) per year. A causal agency is issued from District Lottery Offices on remitting a fee of Rs.50/-for a particular lottery. At present, agencies are issued only from District Lottery Offices.

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Thiruvonam Bumper Lottery BR-93

  

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Kerala Lottery Prize Winner Tax and  Agent Commission Prize Tax THIRUVONAM BUMPER First Prize Rs:25 Crore  Agent commission Rs:7.50Crore  (FOR FIRST PRIZE) Income Tax Rs: 2.25 Crore   Prize money the winner gets Rs: 12.25 Crore Price of single Ticket Rs:500/- The Book of Ticket Rs:5000/- Second Prize Rs:1,00 ,00,000/- Agent Commision RS:60 ,00,000 Income Tax RS:30 Lakh Prize Money the winners gets RS:63 Lakh Third Prize Rs:50,00,000 Agent Commision RS:15,00,000 Income Tax RS: 4.5 Lakh Prize Money winners gets RS: 30. Lakh Consolation Rs:5,000,00/- Held ON Septemper 20th 2023 Wednesday
Fifty Fifty
First Prize	Rs:1,0,000,000/-
Agent commission	Rs:7 lakh  (FOR FIRST PRIZE)
Income Tax	Rs: 30 Lakh
Prize money the winner gets	Rs: 63 Lakhs
Price of single Ticket	Rs:50/-
The Book of Ticket	Rs:500/-
Second Prize	Rs:10,00,000/-
Third Prize	Rs:5,000/-
Consolation	Rs:8,000/-
Held ON	WEDNESDAY
Win Win
First Prize	Rs:75 Lakh
Agent commission	Rs:7.5 Lakh  (FOR FIRST PRIZE)
Income Tax	Rs:22.50 Lakh
Prize money the winner gets	Rs:52.50 Lakh
Price of single Ticket	Rs:40/-
The Book of Ticket	Rs:1000/-
Second Prize	Rs:5,00,000/-
Agent Commission on Prize	Rs:1,20,000/-  (FOR SECOND PRIZE)
Third Prize	Rs:100,000/-
Consolation	Rs:8,000/-
Held ON	MONDAY
Sthree Sakthi
First Prize	Rs:75,00,000/-
Agent commission	Rs:7.5 lakh  (FOR FIRST PRIZE)
Income Tax	Rs:22.50 Lakh
Prize money the winner gets	Rs:52.50 Lakh
Price of single Ticket	Rs:40/-
The Book of Ticket	Rs:1000/-
Second Prize	Rs:10,00,000/-
Consolation	Rs:8,000/-
Held ON	TUESDAY
Akshaya
First Prize	Rs:70,00,000/-
Agent commission	Rs:7 lakh  (FOR FIRST PRIZE)
Income Tax	Rs:21Lakh
Prize money the winner gets	Rs:49 Lakh
Price of single Ticket	Rs:40/-
The Book of Ticket	Rs:1000/-
Second Prize	Rs:5,00,000/-
Third Prize	Rs:100,000/-
Consolation	Rs:8,000/-
Held ON	SUNDAY
Karunya Plus
First Prize	Rs:80,00,000/-
Agent commission	Rs:8 lakh  (FOR FIRST PRIZE)
Income Tax	Rs:24 Lakh
Prize money the winner gets	Rs:56 Lakh
Price of single Ticket	Rs:40/-
The Book of Ticket	Rs:1000/-
Second Prize	Rs:5,00,000/-
Third Price	Rs:1,00,000/-
Consolation	Rs:8,000/-
Held ON	THURSDAY
Nirmal
First Prize	Rs:70,00,000/-
Agent commission	Rs:7 Lakh  (FOR FIRST PRIZE)
Income Tax	Rs:21 Lakh
Prize money the winner gets	Rs:49 Lakh
Price of single Ticket	Rs:40/-
The Book of Ticket	Rs:1000/-
Second Prize	Rs:5,00,000/-
Third Price	Rs:100,000/-
Consolation	Rs:8,000/-
Held ON	FRIDAY
Karunya
First Prize	Rs:80,00,000/-
Agent commission	Rs:8 lakh  (FOR FIRST PRIZE)
Income Tax	Rs:24 Lakh
Prize money the winner gets	Rs:56 Lakh
Price of single Ticket	Rs:40/-
The Book of Ticket	Rs:1000/-
Second Prize	Rs:5,00,000/-
Third Price	Rs:1,00,000/-
Consolation	Rs:8,000/-
Held ON	SATURDAY
Kerala lottery  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. 1 Lakh can  claime from the District Lottery Offices . Prize winning tickets above Rs.1 Lakh shall be surrendered before the Director of State Lotteries after affixing the signature, name and address of the prize winner on the back side of the tickets with the following documents 1 A claim application along with a Photostat copy of both sides of the ticket, self attested. 2 Two Passport size photographs of the prize-winner duly attested by a Gazetted Officer/Notary. 3 A receipt for the prize money in the prescribed form affixing a revenue stamp worth Rs.1/- with full address of the prize-winner(download). 4 If the prize winner is a minor, Guardianship certificate from a competent authority. 5 In case of joint claims, one of the prize-winners should be authorized to receive the prize money and a ‘Joint Declaration’ in stamp paper worth Rs. 50/- should be executed. 6 Self attested copy of the PAN Card. 7 Attested document to prove identity ( Attested copy of Ration Card, Driving License, Passport, Election ID Card etc)

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