Check out the live announcement of today’s Kerala State Lottery Sthree Sakthi at 3:00 PM on Lottery Sambad. The results are also available on our website. Stay tuned for the latest update on Kerala Sthree Sakthi Lottery.
Check out today’s latest Sthree Sakthi Lottery result. Draws occur every Tuesday, and results are promptly updated live so you can quickly access potential winnings.
Results are displayed with the most recent on top, featuring the draw number, winning ticket number, purchase location, and jackpot size. The latest draw was SS-415. The upcoming draw, Sthree Sakthi SS-416, is scheduled for Tuesday, May 21, 2024.
Recent Lottery Draw Results
Sthree Sakthi Lottery No. SS-415th Draw
The Kerala government introduced the Sthree Sakthi lottery to support women’s empowerment initiatives through fundraising. The name “STHREE SAKTHI” reflects this purpose. Drawn every Tuesday at 3 pm, today’s Kerala lottery result is the Sthree Sakthi lottery outcome, available after the official announcement.
The Sthree Sakthi SS 415 lottery result will be available today at 4:05 pm, coinciding with the official website release. Additionally, catch the live update for the first prize at 3:05 pm. For more details, visit the official site. Stay updated by clicking the Refresh button for instant updates.
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Kerala Sthree Sakthi Lottery Prize
| Rank | Details | Prize (in ₹) |
|---|---|---|
| 1st | Winning Number from 1 Series | 7500000/- |
| Cons Prize | Same Winning Number as 1st Rank, but Different Series. | 8000/- |
| 2nd | Winning Number from 1 Series | 1000000/- |
| 3rd | 18X Ticket Ending with Last 4 Digits | 5000/- |
| 4th | 10X Ticket Ending with Last 4 Digits | 2000/- |
| 5th | 18X Ticket Ending with Last 4 Digits | 1000/- |
| 6th | 48X Ticket Ending with Last 4 Digits | 500/- |
| 7th | 45X Ticket Ending with Last 4 Digits | 200/- |
| 8th | 120X Ticket Ending with Last 4 Digits | 100/- |
The Sthree Sakthi Lottery, also known as Sree Sakthi, occurs weekly on Tuesdays. Held at Gorky Bhavan in Thiruvananthapuram, near Bakery Junction, the draws are overseen by lottery officials.
Purchasing a ticket, priced at ₹40, is straightforward. Submit your entries on time and retain them for result verification. The ticket’s prefix is ‘SS-‘ followed by a three-digit draw number, forming a series of two letters and six digits.
To participate, one must be at least 18 years old. Proceeds from the games support the Kerala Government, particularly initiatives empowering women. Previously named Dhanushree, Sthree Shakthi offers a jackpot prize of ₹75 Lakhs. Matching the jackpot ticket number secures the grand prize. Moreover, eight additional prize tiers and 11 consolation rewards for tickets share the same six-digit number but a different series entry. Refer to the table below for details on the reward.
How to Claim a Prize?
Winners of Sthree Sakthi Lottery prizes must claim their rewards within 30 days. For winnings up to ₹5,000, you can collect them from a lottery agent. Amounts between ₹5,000 and ₹1,000,000 require in-person collection at a District Lottery Office or the Directorate of State Lotteries.
First or second-prize winners must present themselves to the Directorate. Non-Kerala residents who win can also claim their prizes within Kerala. It’s important to note that lottery winnings are subject to taxation, with prizes over ₹10,000 facing a 30% tax.
How to Play Sthree Sakthi
The Sthree Shakthi Lottery, also known as Sree Sakthi, is a weekly event held every Tuesday. Draws take place at Gorky Bhavan near Bakery Junction in Thiruvananthapuram and are overseen by lottery officials.
Participating in this game is straightforward. Tickets are priced at ₹40, and all you need to do is ensure timely submission of your entries and retain them for result verification.
Each ticket carries the prefix ‘SS—’ followed by a three-digit draw number. The series comprises two letters, the first being ‘S,’ followed by another letter and six numbers.
You must be at least 18 years old to buy a ticket. Proceeds from ticket sales contribute to the Kerala government’s funding, specifically aiding programs to empower women in the state.
Previously known as Dhanushree, the lottery was renamed Sthree Shakthi in 2016.
Tax Information
Explanation of Tax Implications for Lottery Winnings
Lottery winnings in India are subject to taxation as per the Income Tax Act. Winners must be aware that any amount won through lotteries, including the Sthree Sakthi Lottery, is considered income and is taxed accordingly. The government mandates that taxes on lottery prizes be deducted at the source before the winner receives the amount. This ensures compliance and simplifies the tax-paying process for winners.
Specifics on Tax Rates for Different Prize Amounts
Prizes up to ₹10,000: These winnings are not subject to tax deduction at the source. However, they must still be reported as income when filing annual tax returns.
Prizes over ₹10,000: A flat tax rate of 30% is applied to all winnings exceeding ₹10,000. This means that if you win more than ₹10,000, the lottery organization will deduct 30% of your prize amount as tax before you receive your winnings.
Surcharge and Cess: In addition to the 30% tax, there may be applicable surcharges and cess, such as the Health and Education Cess, which is currently 4% of the tax amount. This slightly increases the effective tax rate on large lottery prizes.
For example, if you win a prize of ₹1,00,000, the tax deduction would be calculated as follows:
- Basic tax: ₹1,00,000 x 30% = ₹30,000
- Health and Education Cess: ₹30,000 x 4% = ₹1,200
- Total tax deduction: ₹30,000 + ₹1,200 = ₹31,200
- Net prize amount received: ₹1,00,000 – ₹31,200 = ₹68,800
Important Considerations
Filing Taxes: Even though taxes are deducted at the source for prizes over ₹10,000, winners must still report their lottery income when filing their annual income tax returns. This helps ensure transparency and compliance with the tax authorities.
Professional Advice: Due to the complexities involved in taxation, winners should consult with a tax professional to understand their obligations and maximize their after-tax income.
Understanding these tax implications helps ensure that winners are well-prepared to handle their finances after claiming their prizes.
Frequently Asked Questions
When will the Sthree Sakthi Lottery results be announced?
The Sthree Sakthi Lottery results are announced every Tuesday. Live updates start at 3:05 PM, and the full results are published by 4:05 PM.
Where can I check the latest Sthree Sakthi Lottery results?
You can check the latest Sthree Sakthi Lottery results on the official Kerala Lottery website or on various lottery result websites that provide live updates.
How can I claim my prize if I win?
For prizes up to ₹5,000, you can claim your winnings from a lottery agent. For amounts between ₹5,000 and ₹1,000,000, you need to visit a District Lottery Office or the Directorate of State Lotteries in person. First- and second-prize winners must present their tickets to the Directorate. Non-Kerala residents can also claim their prizes within Kerala.
What are the age requirements for purchasing a Sthree Sakthi Lottery ticket?
You must be at least 18 years old to purchase a Sthree Sakthi Lottery ticket.
Are lottery winnings subject to tax?
Yes, lottery winnings are subject to tax. Prizes over ₹10,000 are subject to a 30% tax deduction.
Conclusion
Today’s Kerala Sthree Sakthi Lottery results have been announced, allowing participants to check if they are among the lucky winners. Drawn every Tuesday, this lottery offers significant cash prizes and supports the Kerala government’s initiatives for women’s empowerment. To view the latest results, visit the official Kerala Lottery website or trusted lottery result platforms. Ensure to claim any winnings within the stipulated time frame and follow the necessary procedures based on the prize amount. Congratulations to all the winners!
