GST on lottery income

In India, lottery income is subject to Goods and Services Tax （GST） under the GST Act. The GST rate on lottery tickets varies based on whether it is a state-run or private lottery. State-run lotteries attract a GST rate of 12%, while private lotteries are taxed at 28%. This tax is levied on the sale of lottery tickets, and the income generated from winnings is also taxable under the Income Tax Act, with TDS deductions applicable. The implementation aims to regulate the lottery market and generate revenue for the government, addressing issues like tax evasion. Businesses involved must comply with GST filing requirements to avoid penalties.