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The 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 back side of the tickets with the following documents.**
Prize amount can also be claimed through Nationalised, Scheduled or 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:
For prize moneys more than Rs. 5000, income tax at 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. 5000/- For the agents 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. This amount will be met from the prize money for above Rs. 5000/-..
** Prize winning tickets above Rs.1 Lakh and upto Rs.20 Lakhs shall be passed for payment by the Deputy Director(Prize) and that above 20 lakhs by the Director. |

