Sthree Sakthi is a lottery that is part of the Kerala daily lotteries. The draws for this lottery happen every Tuesday at 3 pm and the final results are announced and up on websites by 4 pm. This lottery was set up by the Kerala government with an aim to raise money in order to support the government programs on women empowerment.
How to play Kerala's Sthree Sakthi Lottery
The structure of the Sthree Sakthi lottery is similar to its daily lottery counterparts. There are two letters in the series printed out on the tickets. The second letter ranges between A, B, C, D, E, F, G, H, J, K, L, M, or N, O, P, Q, R, S, T, U, V, X, Y, Z. Each of the daily lotteries has a differing first letter. In the case of Sthree Sakthi, this letter is “S”. Therefore, the two letters would be S following with any of the letters from the list above. These letters, like all the other lotteries, have a combination of numbers that are arranged in different ways. Those who purchase the lottery tickets that match the winning combination announced are the winners of the lottery and can claim the prize.
Who can play Kerala's Sthree Sakthi Lottery
Any person above the age of 18, from anywhere, can play this lottery unless they are bound by the laws of their state and/or nation.
The odds of winning the Kerala's Sthree Sakthi Lottery
The Sthree Sakthi lotteries are printed in series of 12. Similar to other daily lotteries run by Kerala, a total of 1, 08, 00,000 tickets are printed for this lottery as well. This makes the odds of winning the Sthree Sakthi lottery the same as its counterparts for the first four tiers. The prizes are divided into eight tiers in total. This is excluding the compensation prize. One person wins the jackpot prize offered in the first tier. The odds of winning this is 1 in 1, 08, 00,000 and the prize offered is Rs. 60, 00,000. These odds are same as the other lotteries. The second tier prize offered is Rs. 10, 00, 00 that is a ticket common to all series. 12 people can take this home if they manage to beat the odds of 1 in 9, 00, 000. The third tier prize is Rs. 5, 000. This prize is offered to 9, 720 people. They can take this money home at the odds of 1 in 1, 111. The tier prize winners have the chance of winning Rs. 2000 at the odds 1 in 714. The number of people who can take this home is 15, 120. The next tiers offer the winners of this lottery Rs. 1000. With the odds of winning at 1 in 400, close to 27,000 people get to take this sum home. And finally, we have the seventh and the eighth tiers. Winners are most likely to win the money from these tiers. The odds of winning each of these tiers is high at 1 in 227 and 1 in 117 respectively. 47, 560 people take home the seventh tier prize of Rs. 200 while 91, 800 people take home the prize of Rs. 100, which is the eighth tier prize offered in this lottery.
Payments and Costs for Kerala's Sthree Sakthi Lottery
The prize of each of the Sthree Shakti lottery tickets is Rs.30. This prize used to be Rs.50 earlier. During that time, there were released in five series with the name being Dhanushree. After the name Dhanushree was replaced with Sthree Shakti, the costs of the tickets were also change to Rs.30 from Rs.50.
Claiming the prize money
There are many ways in which winners can claim the Sthree Shakti lottery winning prizes. All of the prize distribution is directly managed by the public banks. Therefore, winners will have to claim their prizes at any of the national or scheduled banks in Kerala. Before submitting a claim, winners should ensure that they have all the documents necessary. Any missing documents or fault in tickets could make the claim void.
Tax payments for Kerala's Sthree Sakthi Lottery
In India, lottery prizes are considered to be income earned. In fact, the Kerala lotteries are run by the Income Tax department of the state and came into existence because of the finance department of the state. Because of this income tax is charged on all prizes above Rs.10, 000. The tax percentage charged on all prizes above Rs.10, 000 is 30%. There are no additional educational charges or cess charges added to this. All money that has been won through any of the country’s lotteries or any other game will be applicable to this tax.
Good causes supported by the Kerala's Sthree Sakthi Lottery
Sthree Shakti lottery is governed by the Kerala lotteries. Thus, it is the Kerala lotteries that managed the charitable causes of the Sthree Shakti lottery. The Kerala lotteries have been successful since its launch and have not seen a single year of loss. The money and revenue generated through the lotteries meetings two kinds of causes. The first, the money is used as a substitute for government funds in helping with state affairs and second, meeting the primary goal for setting up this particular lottery in the state – funding women empowerment programs. The Kerala lotteries have met both successfully.
The Sthree Shakti lotteries have slightly lower odds of winning than its other counterparts. However, on the bright side, the lottery offers a number of people to take home second-tier prizes. So it’s definitely worth the chance.
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