Monday, October 17, 2016

The Final Amount the winner gets from "POURNAMI" Prizes

Posted by Shreyas Associates
A winner of Kerala lottery may think that, he will get the whole sum of the prize which is offered in the prize structure of Kerala lotteries. No that is not the real fact. As run by a department follows rule of taxation strictly. There are two types of deductions commonly from the upper prizes of Kerala lotteries . 
1) 10% of the winning amount as Kerala lottery agency commission 
2) 30% of the amount after the deduction of Kerala lottery agency commission as income tax.

Income tax surcharge of 12% of the income tax may be deducted from the winning as in which th amount exceeds Rs.1 crore after above said 2 deductions.

Below we have given a table explaning how much will a winner of Kerala weekly lottery POURNAMI will get after deductions. note that all Kerala lottery prizes are awarded in lump sum.

Many of the Kerala lottery buyers are not aware of the approximate prize money that they get after winning the Kerala lottery, in fact it helps us to know and to beware of fraudsters.

KERALA STATE LOTTERIES
POURNAMI
DRAW DAY : SUNDAY
Prize
No
Total Prize Amount

(Rs.)
Deductions from the Winner
Approximate
Amount  Paid
to the Winner
(Rs.)
Agency
Commission
(Rs.) (10%)
Income Tax

(Rs.)
1
65,00,000/-
650000
1755000
4095000
2
1,00,000/-
10000
27000
63000
3
10,000/-
Nil
Nil
10,000/-
4
5,000/-
Nil
Nil
5,000/-
5
2,000/-
Nil
Nil
2,000/-
6
1,000/-
Nil
Nil
1,000/-
7
500/-
Nil
Nil
500/-
8
100/-
Nil
Nil
100/-
=============================
=============================
In the case of Kerala weekly lottery "POURNAMI", actually the winner has to suffer deductions in first 2 prize tiers only from 3rd to 8th prize and on consolation prizes nothing is deducted from the winner of Kerala lottery "POURNAMI".

Today the Kerala lottery has a big influence in our society, Kerala lottery department is changing the fortunes of the winners of the Kerala lottery ticket. Kerala ottery is providing weekly based tickets and Bumper tickets. The reults will be published in the website of Kerala lottery department daily around 3.30 PM. The Kerala lottery buyers can buy the ticket from the nearby lottery agency or from the ridden sellers. If you are lucky enough you wil definitely blessed with the first prize of Kerala lottery tickets. You can check the reults in official sites or in our site WWW.KERALALOTTERIES.INFO  .

Kerala lottery results are also published in the official websites of Kerala lottery department www.keralalotteries.com and www.keralalotteries.gov.in. you can verify Kerala lottery results in main newspapers released on next day in Kerala. The final and authorized source of Kerala lottery results is the "government gazette" published by state government of Kerala. winner's of Kerala lotteries are requested to verify their results in the gazette before submitting the ticket for claim. Click her to go to Kerala Government gazette Page. We are publishing Kerala lottery results with utmost care, so there is no chance of errors in the result numbers published . Kerala lottery "live results are released from the drawing spot, so the result numbers will not be in ascending order. there may be some mistakes in live results due to communication errors. Kerala lottery live results are meant for informational and curiosity purpose only. you have to verify published in our site before destroying the tickets.
===================================
 ===================================


Please share our site in your face book or G+, If you like our service.
Your support is our inspiration.
Copyright © www.keralalotteries.info (2010). Powered by Blogger.

Translate

Followers

Google+ Followers