What is jackpot lottery in India?
Jackpot lottery refers to lottery games where the top prize accumulates over time if no one wins, creating massive prize pools that can reach crores of rupees.
How to play jackpot lottery in India?
Players can purchase tickets from authorized lottery vendors or through online platforms in states where lottery is legal. Each ticket has a unique number combination.
Which states allow jackpot lottery in India?
Lottery is legal in states like Kerala, Goa, Punjab, and West Bengal. Some states have banned lottery operations, so check local regulations.
What are the biggest jackpot lottery wins in India?
The biggest recorded wins include a Kerala lottery winner who claimed over 12 crores and a Punjab lottery winner who won approximately 10 crores.
How are jackpot lottery winnings taxed in India?
Lottery winnings above ₹10,000 are subject to 30% tax deduction at source under Section 194B of the Income Tax Act. |