Lottery

MHADA announces lottery draw for 1133 flats in Aurangabad: Key details

The lottery includes 425 flats under the Pradhan Mantri Awas Yojana, 708 flats under the MHADA Housing Scheme and 20% Comprehensive Scheme, and 361 plots.

Unusual crisis in China: Lottery ticket shortage leaves people scrambling

Lottery ticket stores in China are reportedly running out of stock as young people flock to them in hopes of making easy money amid an uneven post-Covid economic recovery

Future Gaming, others halted govt's plans to amending lottery rules

The Ministry of Home Affairs proposal to amend Lottery Regulation Act was junked due to resistance from influential market players like Santiago Martin, an Economic Times report has claimed

Top electoral bond donor: All about Future Gaming & India's 'Lottery King'

Future Gaming emerged as the top electoral bond donor, donating Rs 1,368 crore to political parties between April 2019 and January 2024, in data released by the Election Commission

Chinese businessman wins $96 million lottery, country's biggest so far

A 28-year-old man in China has won a 680 million yuan (USD 96 million) lottery jackpot, the biggest in the country so far. The winner is from Guizhou province in southwestern China, according to the website of the government-backed organiser China Welfare Lottery, Hong Kong-based South China Morning Post reported on Tuesday. He bought 133 tickets at two yuan (USD 28 cents) each, betting on the same group of seven numbers every time, and each of his tickets won a prize of 5.16 million yuan (USD 725,000), the local television station reported. The lottery pool entitled the man, whose identity has not been released to the public, which is routine for prize winners, to receive the 680 million yuan (USD 96 million) bonanza. The unidentified jackpot winner said he was so excited when he found out he had won that he could not sleep. An official from the provincial welfare lottery centre said the winner came to pick up the prize money on February 7. According to the Individual Income Tax

GST evasion of Rs 345 cr detected against lottery distributors till Nov '23

A total of 12 cases of GST evasion involving Rs 345 crore have been detected against lottery distributors since July 2017, Parliament was informed on Monday. Minister of State for Finance Bhagwat Karad in a written reply to the Lok Sabha said Rs 622 crore, including interest and penalty, have been recovered from lottery distributors from July 2017 till November 2023. "Twelve cases involving GST evasion of Rs 344.57 crore have been detected against lottery distributors and Rs 621.56 crore (including interest and penalty) has been recovered/realized from July 2017 to till November 2023," Karad said. Karad further said the Finance Ministry had received a reference from the Ministry of Home Affairs (MHA) for comments regarding disbursement of prize amount of lotteries through formal banking channel. "Comments in this regard have been sent to MHA. Using formal banking channel for any kind of transaction, including disbursement of lottery prize, is helpful in mitigating the associated mo

Mega Millions jackpot now $940 million after months without a big winner

Lottery players will have another shot at a huge Mega Millions jackpot Friday night and a chance to break a stretch of more than three months without a big winner of the game. The estimated USD 940 million prize has been building since someone last matched all six numbers and won the jackpot April 18. Since then, there have been 28 straight drawings without a jackpot winner. The jackpot is now the eighth-largest ever in the U.S. It comes a little over a week after someone in Los Angeles won a USD 1.08 billion Powerball prize that ranked as the sixth-largest in U.S. history. It's still a mystery who won that prize. Lottery jackpots grow so large because the odds of winning are so small. For Mega Millions, the odds of winning the jackpot are about 1 in 302.6 million. The USD 940 million prize would be for a sole winner choosing to be paid through an annuity with annual payments over 30 years. Jackpot winners almost always opt for a lump sum payment, which for Friday night's drawing .

Kerala sanitation workers pool money to buy lottery ticket, win Rs 10 cr

The women pooled in the money to purchase a lottery ticket a few weeks ago and won the jackpot

4 million apply for tickets for Paris Olympics in lottery: Report

Four million applications were received for an online lottery where winners get to buy tickets for next year's Paris Olympics, the local organizing committee said Friday. They hope to sell 1.3 million tickets for the 2024 Games as a result of the latest draw. Applications ended Thursday evening and winners will know early next month if they have been successful. They can start buying from May 11 and have a 48-hour timeslot to do so. They'll be told 48 hours beforehand when their slot is. Figures on which countries the 4 million lottery applications came from, and whether more men or women applied, were not available. The five countries who bought the most tickets, and other statistics, will be made known after the sale has finished in June. By then, organizers expect that about half of the 10 million tickets for the Paris Games will have been sold. A total of 3.2 million tickets were sold from the first phase of sales, featuring packages, with the top buyers coming from Britain an

After 21 draws without winner Mega Millions jackpot grows to $ 640 million

A giant Mega Millions jackpot grew larger on Wednesday to an estimated USD 640 million after another drawing without a winner. No one won the lottery game's top prize on Tuesday night, making it 21 straight drawings without anyone matching all six numbers. The next drawing will be Friday night. The huge jackpot comes less than two months after the largest lottery prize ever, a USD 2.04 billion Powerball prize that was won on November 8 in California. So far, that big winner hasn't stepped forward to claim the prize. The reason for all the big prizes is simple long odds ensure there are few winners and the long streaks of lottery futility allow jackpots to grow ever larger week after week. The odds of winning a Mega Millions jackpot is one in 302.6 million. The advertised jackpot of USD 640 million is for a winner who opts to be paid with an annuity, doled out through annual payments over 29 years. Nearly all winners take the cash option, with for Friday's drawing will be an estim

Supreme Court dismisses review petition on pre-GST state tax on lotteries

Court's verdict earlier led to legislation brought out by Karnataka and Kerala being declared invalid

Auto driver-cum-chef Anoop on cloud nine as he wins Rs 25-cr Onam lottery

An auto-rickshaw driver, who was planning to go to Malaysia to work as a chef, on Sunday won the Rs 25 crore Onam bumper lottery in Kerala, just a day after his application for a loan of Rs 3 lakh was approved. Even more interesting is that Anoop, hailing from Sreevaraham here, bought the winning ticket -- TJ 750605 -- on Saturday. But it was not his first choice, he told media persons who were present at the agency where he had bought the ticket. He did not like the first ticket he chose, so he opted for a different one which turned out to be a winner, he said. Regarding the loan and his Malaysia trip, an ecstatic Anoop said, "The bank called today regarding the loan and I said I don't need it anymore. I will not be going to Malaysia either." He has been buying lottery tickets for the last 22 years and has won amounts ranging from a few hundreds to a maximum of Rs 5,000 in the past, Anoop said. "I was not expecting to win and therefore, I was not watching the lottery results on

UP joins lottery lobby as West Bengal pushes for 28% GST on online gaming

West Bengal, a state with a flourishing lottery business, has been joined by Uttar Pradesh, where there is a lottery ban, to push for a 28 per cent GST for online skill gaming

CBDT asks the winners of online games to pay taxes, file updated ITR

The winners of online games will have to pay taxes at the rate of 30 per cent without any rebates or 25-30 per cent on taxes and the interest due

Kerala man wins Rs 1 crore lottery hours before selling house out of debt

While being burdened by a major financial crisis, Mohammed Bava, 50, prayed for a little luck in his life and it came true.

GST Council defers tax on casinos, lottery; GoM to re-deliberate by July 15

The GoM will have to submit report by July 15 and then the Council will meet either on August 1 or in the first week of August, says FM Sitharaman

Top headlines: GST on casinos deferred; marketing freedom to oil producers

Briefing reporters about deliberations at the two-day meeting of the GST Council, Finance Minister Nirmala Sitharaman said finance and other ministers of 16 states spoke on the compensation issue

Govt's monthly GST lottery scheme to curb tax evasion to begin from April 1

Under the scheme, the revenue department will conduct monthly lucky draws which will have one bumper prize, while there would be second and third prizes state wise

Centre approves levy of 28% GST on lotteries from March 1, rate notified

The revenue department notified the GST rate on supply of lotteries and amended its earlier Central Tax (Rate) notification

Govt likely to introduce lottery system to boost GST compliance soon

Winning amount may range from Rs 10 lakh to Rs 1 crore