Kerala Lottery Results 02-06-2025 Bhagyathara BT-5 Lucky Draw Winners List: Is There Tax Benefit On Prizes?

The result for Kerala Lottery of Bhagyathara BT-5 lucky draw is out on Monday, June 2. The first winning prize of Rs 1 crore, however, it is taxable. Find out to see if there are any tax benefits applicable on lotteries winning prize in Kerala.

Bhagyathara Lottery Winners 02-06-2025:

1. First prize winner (Rs 1 crore): BE 860290 (KATTAPPANA), Agent Name: M JAKKIR HUSSAIN, Agency No.: Y 2771

2. Consolation Prize Winners (Rs 5,000): BA 860290, BB 860290, BC 860290, BD 860290, BF 860290, BG 860290, BH 860290, BJ 860290, BK 860290, BL 860290, and BM 860290.

3. Second prize winner (Rs 75 lakh): BE 757918 (THRISSUR), Agent Name: SIVADAS R, Agency No.: R 5005

4. Third prize winner (Rs 1 lakh): 1) BA 682043; 2) BB 847836; 3) BC 157903; 4) BD 464988; 5) BE 293882; 6) BF 256395; 7) BG 103296; 8) BH 794085; 9) BJ 513928; 10) BK 454235; 11) BL 316375; and 12) BM 513875.

5. Fourth prize winners (Rs 5,000): 0254 0680 1897 2134 2177 3691 4469 4964 5231 6536 7166 7785 8135 8183 8760 8920 9496 9574

6. Fifth prize winners (Rs 1,000): 0003 0286 0363 0562 1173 1466 2625 2658 2662 3747 4181 4310 4555 4722 4889 5177 5305 5634 5738 6011 6135 6263 6464 6849 7609 7773 8109 8379 8936 9814

7. Sixth prize winners (Rs 500): 0062 0101 0145 0152 0536 0645 0657 1014 1062 1116 1165 1212 1429 1536 1837 1963 1978 2029 2081 2126 2232 2556 2649 2839 2911 2931 2968 3006 3074 3111 3179 3238 3244 3274 3402 3509 3844 3873 3903 3931 3956 4094 4188 4199 4211 4317 4409 4420 4556 4567 4766 4802 4934 5186 5200 5287 5417 5528 5590 5701 5772 5858 5908 5984 6110 6139 6150 6400 6469 6517 6606 6681 6742 6821 6899 6927 7335 7435 7454 7604 7649 8010 8040 8155 8217 8328 8593 8647 8667 8786 8857 8864 8919 8982 8987 9108 9116 9127 9219 9398 9421 9511 9614 9618 9670 9799 9854 9874

8. Seventh prize winners (Rs 100): 1236 1636 3889 7595 8116 5013 9337 9037 9582 3381 6830 0111 9557 6181 4538 0977 5335 5599 7805 6360 2755 8935 8193 3938 9556 5367 5830 0256 3725 8960 7284 0620 0528 7783 7364 0992 6610 0825 9771 7528 5485 7037 3015 4662 4884 8400 0120 1987 7962 6478 6332 4987 4099 8889 5735 9662 6825 6308 7198 9133 6734 7425 5821 2563 6449 7535 0956 5241 3717 0113 4378 7763 8120 3070 2610 0202 9503 6422 7317 8154 7834 1592 1888 6645 0127 9792 8068 7770 3645 7133 2326 0413 1627 0218 4546 4549 8261 9926 0727 4048 4986 1777 9603 7910 9812 6660 7812 6421 3733 5866 8996 9523 2538 1412 8822 2847 4437 9462 8415 4824 3225 4384 6424 0926 6655 0201 6241 7432 9918 9235 9048 4902 1397 8067 1866 0887 7792 7510 9650 7082 3331 1738 6635 4055 7012 1338 3829 8147 7628 3427 8444 9933 6229 9230 8578 8574 8558 9032...

Stay tuned for more result update...

Kerala Bhagyathara Lottery Result BT-5 Prize Money:

1. First Prize is Rs 1 crore

2. The Consolation Prize is Rs 5,000

3. Second prize is Rs 75 lakh

4. Third prize is Rs 1 lakh

5. Fourth prize is Rs 5,000

6. The fifth prize is Rs 1,000

7. The sixth prize is Rs 500

8. Seventh prize is Rs 100

9. Eighth prize is Rs 50

Kerala State Lotteries Results:

Bhagyathara lottery ticket has 9 prizes including a consolation prize. The first prize winner got "1 Crore" rupees and the second and third prizes are 75 lakhs and 1 lakh (1 prize in each series) respectively. A total of 6,54,505 prizes were given to the winners. The 12% of the first to third prizes will be deducted and the amount will be given to the agents (who sell the winning tickets) by the lottery agency. In the case of 5th to 8th and the consolation prizes, 10% of the prize amount (agent's commission) will be given from the fund allotted by the government, as per Kerala Lotteries Net.

Kerala Lotteries Taxable?

The cost of the lottery was Rs 50, while its prize money is highest at Rs 1 crore. However, these gains are part of 'Income From Other Sources' of the IT Act, and hence are liable for taxes and other charges.

There is 30% tax rate on Kerala lotteries along with 10% agent commissions on the prize money. The agent name is announced along with the winners. However, there is also cess added to the tax rate.

According to Income Tax rules, the section 115BB and Section 194B highlights tax provisions on lottery winnings which are part of 'income from other sources' category.

In general terms, all individuals in India are taxed on two categories --- firstly their salaried income per annum --- and secondly on their gains in 'income from other sources' which can be gains in investment schemes like mutual funds, stocks and much more. Accordingly, gains from selling a asset or winning a lottery ticket are also part of income from other sources.

The section 115BB is applicable on income from winnings like lotteries, crossword puzzle, or race including horse race, or card game and other game of any sort or from gambling or betting of any form or nature whatsoever. This tax provision makes it compulsory for individuals to pay up to 30% tax rate on their winnings from these sources. However, there are no tax exemptions offered on the gains.

Meanwhile, under the Section 194B, the person who is responsible for paying lottery winnings, will deduct income tax during the time of payment. Notably, there is tax deducted (TDS) on winnings of over Rs 10,000 lottery money. However, there no TDS if the winning amount is below Rs 10,000.