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Tag: Lottery

Lottery

12 Dec, 2020 Supreme Court: GST On Lottery, Betting and Gambling Is NOT Against Constitution

The Supreme Court on Thursday (10 December) ruled that the charge of Goods and Service Tax (GST) on lotteries, betting and gambling would be maintained, stating that doing so did not violate any constitutional requirement. The ruling bench was headed by Justice Ashok Bhushan, Justices M...

Throwback to when a commoner won $120 M by repeating favourite numbers! Lottery

24 Sep, 2020 Throwback to when a commoner won $120 M by repeating favourite numbers!

Winning a big amount of lottery money can be an overwhelming experience for most people. You think you would be able to keep your cool if you won a million dollars? Ronald Willis is a 39-years-old commoner from Rialto, Southern California. After six years of playing his lucky numbers, W...

Lottery

07 Sep, 2020 Taking a look at lotteries in India

Mini kiosks on street corners with colourful tickets are a regular sight in India. The word ‘Lottery‘ has itself been popularly used in day to day language when a person gets an excess of anything. Let’s take a look at what is the lottery system in India. What is a Lot...

Kerala lotteries department fraud remains overlooked Lottery

08 Aug, 2020 Kerala lotteries department fraud remains overlooked

A Financial Inspection Wing (FIW) probe into the Kerala lotteries department two years ago had revealed that several officials connived to swindle money from governments funds. The FIW reports had strong evidence against officials who happened to be involved in the case. While the Keral...

The Second Largest Single Winner of the Powerball Lottery in 2013 Lottery

05 Aug, 2020 $590 million: Second Largest Winner of the Powerball Lottery in 2013

Who knew, an act of kindness would cost someone a lot of money. Well, Back in 2013, someone let Gloria MacKenzie go first while standing in a local supermarket queue, which won her a massive prize after buying her lottery ticket and became the second largest single winner of the Powerba...

Punjab bans sale of all types of online lottery schemes Lottery

03 Feb, 2020 Punjab bans sale of all types of online lottery schemes

The issue surrounding online rummy, online poker and gaming industry still persists. The year started with the Maharashtrian government banning online lotteries in other states for the loss of revenues. It shouldn’t be surprising that Punjab Cabinet led by Chief Minister Captain Amarind...

Maharashtra to ban online lotteries of other states Lottery

17 Jan, 2020 Maharashtra to ban online lotteries of other states

The question of legality surrounding online gaming, online poker or rummy knows no bounds in the country. Even with the start of the new year, the issue persists. India has been struggling with matters revolving around the complicated scenario of online gaming such as a recent ban on th...

Meghalaya Cabinet approves Lottery Rules in State Lottery

04 Dec, 2019 Meghalaya Cabinet approves Lottery Rules in State

On Monday, the rules for the state lottery was approved by the Meghalaya Cabinet conducting lottery in the region which will help the state government generate revenue. Home Minister James K. Sangma stated that both paper and online lottery will be introduced which will facilitate parti...

Russia bans instant online lotteries using firewall Lottery

18 Apr, 2019 Russia bans instant online lotteries using firewall

The biggest country in the world in terms of area, Russia, has just announced the ban of instant-win lottery games, as its government has approved legislation to establish a firewall, like China’s ‘great firewall’ around its home internet service. The country’s Ministry of Finance was g...

Kerala opposes uniform lottery GST in Council meeting Lottery

05 Mar, 2019 Kerala opposes uniform lottery GST in Council meeting

The issue of uniform Goods and Services Tax (GST) on the face value of lotteries in India has been receiving a few extra ears. Many stakeholders of the industry have taken this issue up with central and state authorities in the past and since then, the GST Council has held meetings, but...

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