Tax implications for Onam Bumper lottery winners and agents
Headline by Prism · from 1 report
The Kerala State Lottery Department reports record sales for the Onam Bumper lottery and outlines tax obligations for winners and agents.
1 of 32 monitored outlets · 1 report · Malayalam · checked
Malayala ManoramaThe brief
Written by software from the 1 report below.
- The Kerala State Lottery Department has sold 9 million tickets for the Onam Bumper lottery.
- Winners of the 30 crore grand prize will receive approximately 16.47 crore after tax deductions and agent commissions.
- Groups sharing a ticket must submit a declaration to avoid unfair individual tax liabilities.
- Prize money must be claimed within 90 days at the Lottery Directorate.
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1 outlet
Indian-language1
All filed from India
NamedIndia · Kerala State Lottery Department
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