Win Win W 490 Lottery Result 10-12-2018: Today Kerala Lottery Results: Win-Win lottery is published on every Monday by Kerala Lottery department at Sree Chithira home auditorium, Thiruvananthapuram. Every Monday, draw starts at 3:00PM in the afternoon followed by results at 4:00PM. Single ticket is offered at the price of INR 30 and there are more than 1 crore 8 lakhs ticket printed with 12 number series. Earlier the amount of 40 lakh was distributed to the 1st winner which has been further increased to 65 lakh. Kerala Lottery Results
Win Win Lottery Live Result
Winner is awarded with the prize of INR 65,00,000 to a single ticket which will be common in all the tickets of 12 series. Amount of 2 lakh is given as the award money to the individual holding second position.
While 1lakh amount is given as third prize to 12 ticket holders one from each of the 12 series. Furthermore, lower prizes are distributed in the slab of 5000, 2000, 1000, 500 and 100. Consolation amount of 10,000 is rewarded to 11 individuals having ticket number same as that of winning ticket but having different series.
Details about Win-Win Lottery:
As we have mentioned above, it is offered in 12 series starting from W – WA, WB, WC, WD, WE, WF, WG, WJ, WK, WL and WM. Maximum numbers of tickets printed in a series are 9 lakh and maximum number of tickets would be 108 lakh.
Probability of winning a lottery:
Just like other lottery tickets offered by Kerala government, even in win-win lottery top slab prizes are only drawn through the sold tickets. On an average, chance of winning is 1 out of 56 tickets with chances further reduced to 1 out of 1,08,00,000 if you are aiming for first prize.
First to third prizes are assured and will be drawn in full while remaining lower prize slab i.e 4th to 8th depends on the sale of the tickets.
Win Win W 490 Lottery Result
Final amount paid to the winners:
People are under this impression that they will take away the whole amount of 65lakh as the prize money but it is not the case. 10% of the winning amount is given to the agent who has sold the winning lottery while 30% of the rest of the amount is deducted as the part of income tax levied by the Kerala government.
Hence the final amount which would be provided to the first winner would be somewhere around 40,95,000 INR. Second winner may win the amount up to 1,26,000. In case of Win-Win lottery, amount is deducted from only 1st and 2nd prize while there is no deduction from 3rd to 8th and consolation prize winners.
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