The Final Amount the winner gets from "X-MAS NEW YEAR BUMPER" Prizes

The Kerala lottery winner may think that, he will get the whole  prize which is offered in the Kerala lotteries. No that is not precisely correct. Kerala lottery department follows rules of taxation strictly. Kerala lotteries deductions commonly from the upper prizes are of  two types.

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 the amount exceeds Rs.1 crore after above said 2 deductions.

Below we have given a table explaining the deductions of Kerala lottery "X-MAS NEW YEAR BUMPER" of a winner will get after .All the Kerala lottery prizes are awarded in lump sum.

KERALA STATE LOTTERIES
X-MAS NEW YEAR  BUMPER-2016
DRAW DATE : 15/01/2016 (FRIDAY)
Prize
No
Total Prize Amount

(Rs.)
Deductions from the Winner
Approximate
Amount  Paid
to the Winner (Rs.)
Agency
Commission (Rs.)
Income Tax
(Rs.)
1
4,00,00,000/-
40,00,000/-

1,08,00,000/-

2,52,00,000/-

2
10,00,000/-
1,00,000/-
2,70,000/-

6,30,000/-

3
5,00,000/-
50,000/-
1,35,000/-

3,15,000/-

4
1,00,000/-
10,000/-
27,000/-

63,000/-

5
10,000/-
Nil
Nil
10,000/-
6
5,000/-
Nil
Nil
5,000/-
7
1,000/-
Nil
Nil
1,000/-
8
500/-
Nil
Nil
500/-
9
200/-
Nil
Nil
200/-

In the case of Kerala weekly lottery "X-MAS NEW YEAR BUMPER", 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 "X-mas New Year Bumper".

We publish Kerala lottery Results daily in our own website WWW.KERALALOTTERIES.INFO , so that we can provide you the exact results. Our website is mainoly mobile friendly website so that you can check your Kerala lottery results by using your moblie phone also. Kerala lottery results are also publishing daily be the official website of Kerala Government WWW.KERALALOTTERIES.COM. The results are usually published in the official site by 3.30 PM, but in our website WWW.KERALALOTTERIES.INFO we are publishing the live results of bthe Kerala lottery daily draw by 2.30 PM. D o visit our site ,We are always happy in satisfying customers.

Kerala Lottery Result of Bumper Lotteries

Third Week of January: Kerala lottery result of "X-Mas New Year Bumper"
Third Week of March: Kerala lottery result of "Summer Bumper"
Third Week of May: Kerala lottery result of "Vishu Bumper"
Third Week of July: Kerala lottery result of "Monsoon Bumper"
Third Week of September: Kerala lottery result of "Thiruvonam Bumper"

Third Week of November: Kerala lottery result of "Pooja Bumper"

Kerala Lottery Guessing and Predictions

Kerala Lottery Guessing and Predictions
லாட்டரி கணிப்புகள்
ലോട്ടറി പ്രവചനങ്ങൾ
Kerala lottery Guessing

Latest Lottery Charts 
லாட்டரி சார்ட்ஸ் (புது பட்டியல்கள்)
പുതിയ ലോട്ടറി ചാർട്ടുകൾ  
Sky lot and kerala lottery jackpot charts, sky lottery jack pots, jackpot winning charts latest, Kerala lottery chart keralalottery.info, published in whatsapp group. Confirm kerala lottery result numbers by www.keralalotteries.info,  Latest Kerala lottery sky lot, sky lottery, Jackpot, result charts published, Kerala lottery winning number charts, latest Kerala lottery chart. lottery winning tips, kerala lottery winning, kerala lottery new charts, kerala lottery prediction chart, jackpot lottery result, kerala lottery result today, kerala lottery sky lott today result, sky lottery kerala lottery result, today jackpot,  lottery result, nirmal lottery today   result, kerala lottery results today, today kerala lottery result guessing, kerala lottery results today jackpotl, prediction lottery today, today lottery result lottery chart, lottery chart latest lottery   result today, kerala lottery result live, kerala lottery bumper result, kerala lottery result yesterday, kerala lottery result today, kerala online lottery results, kerala   lottery draw, kerala lottery results, kerala state lottery today, kerala lottare, kerala lottery result, lottery today, kerala lottery today draw result, kerala lottery online   purchase, kerala lottery online buy, buy kerala lottery online, keralagovernment, result, gov.in, picture, image, images, pics,   pictures kerala lottery, kl result, yesterday lottery results, lotteries results, keralalotteries, kerala lottery, keralalotteryresult, kerala lottery result, kerala lottery result   live, kerala lottery today, kerala lottery result today, kerala lottery results today, today kerala lottery result,  chart latest lottery results, kerala lottery result today sky lottery,   sky lot lottery result, kerala lottery result  chart latest live today, kerala lottery  latest live today result,  latest live chart kerala lottery result, today  latest live chart today lottery result, lottery chart lottery today   result, lottery chart winning lottery results today, today kerala lottery result jackpot lottery, kerala lottery results today lottery chart winning number, sky lot lottery today, today lottery result sky lot jackpot,  jackpot lottery   result today, kerala lottery result live, kerala lottery bumper result, kerala lottery result yesterday, kerala lottery result today, kerala online lottery results, kerala   lottery draw, kerala lottery results, kerala state lottery today, kerala lottare, kerala lottery result, lottery today, kerala lottery today draw result, kerala lottery online   purchase, kerala lottery online buy, buy kerala lottery online

 Previous Kerala lottery results

Kerala Lottery Results

Follow Us

Popular Posts

You May Like to Read