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Lottery Tickets

Unusual crisis in China: Lottery ticket shortage leaves people scrambling

Lottery ticket stores in China are reportedly running out of stock as young people flock to them in hopes of making easy money amid an uneven post-Covid economic recovery

Unusual crisis in China: Lottery ticket shortage leaves people scrambling
Updated On : 24 Jun 2024 | 6:44 PM IST

Future Gaming, others halted govt's plans to amending lottery rules

The Ministry of Home Affairs proposal to amend Lottery Regulation Act was junked due to resistance from influential market players like Santiago Martin, an Economic Times report has claimed

Future Gaming, others halted govt's plans to amending lottery rules
Updated On : 19 Mar 2024 | 10:48 AM IST

Mega Millions jackpot now $940 million after months without a big winner

Lottery players will have another shot at a huge Mega Millions jackpot Friday night and a chance to break a stretch of more than three months without a big winner of the game. The estimated USD 940 million prize has been building since someone last matched all six numbers and won the jackpot April 18. Since then, there have been 28 straight drawings without a jackpot winner. The jackpot is now the eighth-largest ever in the U.S. It comes a little over a week after someone in Los Angeles won a USD 1.08 billion Powerball prize that ranked as the sixth-largest in U.S. history. It's still a mystery who won that prize. Lottery jackpots grow so large because the odds of winning are so small. For Mega Millions, the odds of winning the jackpot are about 1 in 302.6 million. The USD 940 million prize would be for a sole winner choosing to be paid through an annuity with annual payments over 30 years. Jackpot winners almost always opt for a lump sum payment, which for Friday night's drawing .

Mega Millions jackpot now $940 million after months without a big winner
Updated On : 29 Jul 2023 | 7:14 AM IST

Kerala sanitation workers pool money to buy lottery ticket, win Rs 10 cr

The women pooled in the money to purchase a lottery ticket a few weeks ago and won the jackpot

Kerala sanitation workers pool money to buy lottery ticket, win Rs 10 cr
Updated On : 28 Jul 2023 | 2:48 PM IST

Supreme Court dismisses review petition on pre-GST state tax on lotteries

Court's verdict earlier led to legislation brought out by Karnataka and Kerala being declared invalid

Supreme Court dismisses review petition on pre-GST state tax on lotteries
Updated On : 17 Nov 2022 | 12:04 PM IST

Auto driver-cum-chef Anoop on cloud nine as he wins Rs 25-cr Onam lottery

An auto-rickshaw driver, who was planning to go to Malaysia to work as a chef, on Sunday won the Rs 25 crore Onam bumper lottery in Kerala, just a day after his application for a loan of Rs 3 lakh was approved. Even more interesting is that Anoop, hailing from Sreevaraham here, bought the winning ticket -- TJ 750605 -- on Saturday. But it was not his first choice, he told media persons who were present at the agency where he had bought the ticket. He did not like the first ticket he chose, so he opted for a different one which turned out to be a winner, he said. Regarding the loan and his Malaysia trip, an ecstatic Anoop said, "The bank called today regarding the loan and I said I don't need it anymore. I will not be going to Malaysia either." He has been buying lottery tickets for the last 22 years and has won amounts ranging from a few hundreds to a maximum of Rs 5,000 in the past, Anoop said. "I was not expecting to win and therefore, I was not watching the lottery results on

Auto driver-cum-chef Anoop on cloud nine as he wins Rs 25-cr Onam lottery
Updated On : 19 Sep 2022 | 3:40 PM IST

Kerala man wins Rs 1 crore lottery hours before selling house out of debt

While being burdened by a major financial crisis, Mohammed Bava, 50, prayed for a little luck in his life and it came true.

Kerala man wins Rs 1 crore lottery hours before selling house out of debt
Updated On : 27 Jul 2022 | 9:01 PM IST

ED attaches assets worth Rs 409.92 crore in lottery scam case

The Enforcement Directorate (ED) said on Saturday that it has provisionally attached movable assets worth Rs 409.92 crore in a lottery scam case involving Martin Santiago, better known as 'Lottery King'."ED has provisionally attached movable assets worth Rs 409.92 crore under PMLA, 2002 in the case of Lottery scam against M/s. Future Gaming & Hotel Services Pvt. Ltd. & its various sub-distributors/area-distributors," the Enforcement Directorate said in a tweet.Future Gaming & Hotel Services Private Limited is led by Santiago Martin who built his business empire by printing and selling lottery tickets.Having started out as a labourer in Yangon, Myanmar, he returned to India, starting his business in Tamil Nadu in 1988, and slowly expanded to Karnataka and Kerala. But in 2003, Martin had to take his business outside Tamil Nadu, after the state government banned lotteries.The ED has attached various immovable and movable assets of Future Gaming & Hotel Services ...

ED attaches assets worth Rs 409.92 crore in lottery scam case
Updated On : 02 Apr 2022 | 4:25 PM IST

Centre approves levy of 28% GST on lotteries from March 1, rate notified

The revenue department notified the GST rate on supply of lotteries and amended its earlier Central Tax (Rate) notification

Centre approves levy of 28% GST on lotteries from March 1, rate notified
Updated On : 23 Feb 2020 | 1:40 PM IST

Letter to BS: Turn sales receipts issued by retailers into lottery tickets

But the government will have to ensure protection from counterfeiting of sales receipts

Letter to BS: Turn sales receipts issued by retailers into lottery tickets
Updated On : 05 Feb 2020 | 11:17 PM IST

In a first, GST Council votes, states say Centre close to sovereign default

In the Council meeting, the panel resorted to voting to decide whether a uniform tax on lotteries should be levied or a two-rate system be followed.

In a first, GST Council votes, states say Centre close to sovereign default
Updated On : 18 Dec 2019 | 10:48 PM IST

GST Council meeting likely to witness a heated debate over lottery rates

Centre will push for single rate; Kerala wants to retain current dual structure

GST Council meeting likely to witness a heated debate over lottery rates
Updated On : 18 Sep 2019 | 1:45 AM IST

US couple finds lottery while cleaning-up their home, wins $1.8 million

Harold and Tina Ehrenberg found the $1.8 million winning ticket, which won the southern US state's June 6 Lottery Lotto draw

US couple finds lottery while cleaning-up their home, wins $1.8 million
Updated On : 22 Nov 2018 | 8:16 AM IST