Q: What is lottery and how does it work in India?
A: Lottery is a form of gambling that involves the drawing of numbers for a prize. In India, lotteries are regulated by state governments and some states allow legal lottery operations while others prohibit it.
Q: Which states in India allow legal lotteries?
A: States like Kerala, Goa, Punjab, West Bengal, and some northeastern states allow legal lottery operations under specific regulations and guidelines.
Q: What are the different types of lotteries available in India?
A: There are various types including state-run lotteries, online lotteries, and international lotteries. Popular ones include Kerala Lottery, Playwin, and international options like Powerball and EuroMillions.
Q: How can I check lottery results?
A: Lottery results can be checked through official state lottery websites, newspaper publications, authorized lottery retailers, or through mobile applications provided by lottery operators.
Q: What is the tax implication on lottery winnings in India?
A: Lottery winnings in India are subject to Tax Deducted at Source (TDS) at 30% under Section 194B of the Income Tax Act. Additional cess and surcharge may also apply. |