What is the legal status of real lottery in India?
Real lottery operations in India are governed by state-specific regulations. While some states like Kerala, Goa, and Punjab permit government-run lotteries, others have complete bans on all forms of lottery activities.
How can one participate in legitimate real lottery games?
Participants can engage in state-authorized lottery schemes through licensed retailers or official online platforms where permitted. It is crucial to verify the authenticity of the lottery operator before purchasing tickets.
What precautions should be taken with real lottery winnings?
Lottery winnings above specified thresholds are subject to Tax Deducted at Source (TDS) under Indian income tax laws. Winners should maintain proper documentation and consult tax professionals for compliance. |