Lottery Sambad has plenty of amazing features for people to participate in the lottery. For instance, one of the most exciting stages of climbing the stairs from paying only six rupees for a ticket to winning one crore rupees should be mentioned here. You will find out about the process of ticket purchase and prize claiming below.
The Starting Stage of Your Journey: Ticket Purchase ₹6 to ₹7 for One Person
Thus, buying tickets for six or seven rupees per one participant becomes the beginning stage of a trip within Lottery Sambad. Therefore, it is possible to say that this lottery appeals to millions of gamblers due to rather low costs of participating. Nevertheless, it should be added that a cheap ticket provides opportunities for earning huge money in six prize tiers. Consequently, start your journey by purchasing cheap tickets.
Going Further to Winning the Second Tier: Prize Tiers ₹120 to ₹9,000
First of all, it is necessary to state that winning the prize equal to one hundred and twenty rupees becomes the very start of the pyramid. Furthermore, it should be noted that the prize in one hundred and twenty rupees becomes the fifth tier prize and awarded to thousands of winners. The fourth prize tier includes two hundred and fifty rupees; the third one includes four hundred and fifty rupees, while the second one includes nine thousand rupees.
Coming to the Finish of Your Journey: Prize Tier ₹1 Crore
It should be stressed that the prize motivating millions of Indians to play the lottery equals one crore rupees. Additionally, the winners having other tickets but with identical serial numbers earn a consolation prize amounting to one thousand rupees. One crore rupees covers the Super Prize category.
Procedure of Claiming Lottery Sambad Prize
It is important to emphasize that holding an original ticket becomes essential until the time comes to obtain the lottery prize. Thus, if one wants to claim a prize among the first four tiers, it is enough to approach any authorized lottery retailer or agent for claiming. On the contrary, obtaining any of three other prize tiers requires the delivery of an original ticket along with documents to the Director of State Lotteries.
Application of Taxes for Winning of Lottery Sambad Prize
It is necessary to remind that all participants who win prizes exceeding ten thousand rupees need to pay for their prize under Section 194B of Indian Income Tax Act. Moreover, it is vital to mention that all these prizes require paying the tax equal to thirty-one point two percent of the total prize amount. Consequently, when you earn one crore rupees, you obtain the prize in the sum of sixty-eight or sixty-nine lakh rupees.
Conclusion
To conclude, it is vital to say that participation in Lottery Sambad presupposes buying a cheap ticket for six or seven rupees and trying to win one crore rupees. In addition, it is crucial for all participants to have knowledge regarding prize amounts, claiming procedure, and taxation. Enjoy playing Lottery Sambad and do not spend too much money on the lottery.
