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Kerala Lottery Prize Claim and Prize Money Tax


Kerala lottery Results  Prize Claim 

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. 1Lakh may be claimed from the District Lottery Offices concerned. 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 backside 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 the 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.
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Self-attested copy of the PAN Card.
 Attested document to prove identity ( Attested copy of Ration Card, Driving License, Passport, Election ID Card, etc)

Prize amount can also be claimed through Nationalised, Scheduled or State/ District Co-Operative banks. The prize-winning ticket should be surrendered to the bank with all the above documents, if necessary. The bank should submit the claim to the Director of State Lotteries with the following certificates:

1 The letter of Authorisation from the prize-winner (download)
2 The certificate from the receiving bank (download)
3 The certificate from the collecting bank (download)

Tax: Kerala lottery For prize money more than Rs. 10,000, income tax at the prevailing rate will be deducted and credited into the central government account. As of now, an Income tax of 30% will be deducted for all the prize-winning claims exceeding Rs. 10,000/- For the agent's prize claims an amount equivalent to 10% of the claim will be deducted as income tax. Presently no surcharge or educational cess is deducted as per the Income Tax rules.

Kerala lottery Results  Prize winning tickets above Rs.1 Lakh and up to Rs.20 Lakhs shall be passed for payment by the Deputy Director(Prize) and that above 20 lakhs by the Director.