If you are searching for “How To Claim Kerala Lottery Prize“
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Here in this article, I provided the proper way to claim the Kerala lottery prize.
Hello, friends welcome to another fresh article of “Kerala lottery result today”, Here in this article I explained the complete process to Claim the Kerala lottery prize.
Claiming the Kerala lottery prize is not a difficult process, but everyone is not familiar with the process.
With the help of this article, I try my best to explain the complete process to Claim the Kerala lottery prize without any issues.
So, Now let’s take look at “How To Claim Kerala Lottery Prize”.
Also Read:- Who Can Buy Kerala Lottery? [Must Know Before Buy]
How To Claim Kerala Lottery Prize?
Everybody needs to submit the winning lottery within 30 days of the lottery drawn date to Claim the lottery prize.
Prize up to 1 lakh may be claimed from a lottery agency or District lottery offices.
Before submitting tickets to claim prizes you need to mention your full name and address on the backside of a lottery ticket.
The procedure to claim a prize amount of more than 1 lakh is totally different.
To claim a prize amount of more than 1 lakh you need to submit some additional documents.
|Sl No.||Required Documents.|
|1||Aadhar Card/Ration Card/Driving License/Passport/Voter ID Card Copy. (Address Proof)|
|2||PAN Card Copy. (Id Proof)|
|3||Original Lottery ticket and Both Side photocopy of a lottery ticket.|
|4||Application to claim a lottery prize.|
|5||Two Passport size photographs duly attested by Gazetted Officer/Notary.|
|6||A receipt for the prize money in the prescribed form affixing a revenue stamp worth Rs.1/- with the full address.|
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.
Copy of Address proof, Id proof, and copy of lottery tickets must be self-attested by the lottery winner.
You need to submit all the above documents to the Director of the state lottery to claim the lottery prize.
After verification of the genuineness of lottery tickets and all other documents, the prize amount will be transferred to your bank account.
How Much Amount will Recive Ater Deduction.
Tax amount and agency commission will be deducted from the lottery amount before transferring it to your account.
According to Income Tax Act, 194 B 30% tax is deducted from the lottery winning prize amount as income tax.
As agency commission, 10% will also deduct from the lottery winning prize amount.
After deduction of tax and agency commission the amount will be transferred to your account.
I hope now you understand How to Claim Kerala Lottery Prize and how much tax and agency commission will be deducted from your winning prize amount. If anyone has any suggestions or queries please comment in the comment box.
This Post Has 2 Comments
A TELLS B visiting to kerala to buy lottery tickets. A funds the amount to buy all lottery tickets.
A will not visit kerala.
On winning what percentage can A share the prize amount with B
It needs to be discussed by them and fix.