Kerala Lottery Result Today : Akshaya Ak 623 Live result

KERALA LOTTERY RESULT TODAY (29-10-2023)

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Kerala lottery result today for Akshaya will be announced shortly. The Akshaya lottery result is scheduled to be drawn today, 29-10-2023, at 3 PM, and the official lottery department portal will release the results at 4 PM, as is the daily practice. There, you can access the Kerala lottery result chart and download it as a PDF file. 

The draw for the Kerala lottery result on 29 October 2023 for the Akshaya lottery ticket will take place at Gorky Bhavan, Near Bakery Junction, Palayam, Thiruvananthapuram. 

Kerala Lottery Result Today

Akshaya is part of the weekly lottery series, which includes seven lotteries in total. The draw for Akshaya lottery takes place every Saturday at 3 pm. Each lottery is designated by an alphabetical code, and for Akshaya, it's represented by "AK." This code is followed by the draw number. Participating in the Akshaya lottery costs only Rs.40/-.

Kerala Lottery 28-10-2023

Karunya  Lottery Result 

ഇന്നത്തെ ലോട്ടറി ഫലം പരിശോധിക്കാൻ, ദയവായി താഴേക്ക് സ്ക്രോൾ ചെയ്യുക

Kerala Lotteries typically announce the results live starting at 2:55 PM daily, and you can find the official PDF of Akshaya Ak-623 Results on their official website after 4:30 PM. 

JACKPOT RESULT TODAY - AKSHAYA

Date of Draw: 29/10/2023 Akshaya Lottery Result Ak-623

1st Prize Rs.7,000,000/- [70 Lakhs]

• Consolation Prize: ₹8,000/-

• 2nd Prize: ₹5,00,000/-

• 3rd Prize: ₹1,00,000/-

• 4th Prize: ₹5,000/-

• 5th Prize: ₹2,000/-

• 6th Prize: ₹1,000/-

• 7th Prize: ₹500/-

• 8th Prize: ₹100/-

While talking about the prize distribution of the Kerala Lottery Result Today for Akshaya, the distribution is as follows: 1st Prize: ₹70,00,000/-, Consolation Prize: ₹8,000/-, and 2nd Prize for Kerala Lottery "Akshaya" is ₹5,00,000/-. 3rd Prize: ₹1,00,000/-, 4th Prize: ₹5,000/-, 5th Prize: ₹2,000/-, 6th Prize: ₹1,000/-, 7th Prize: ₹500/- and 8th Prize ₹100/-

All the winners of the Kerala Lottery Result Today (Akshaya) can collect prize money from any authorized dealer in Kerala only if the winning amount is less than Rs.5000. However, if the prize amount exceeds Rs.5000, winners must surrender their tickets along with valid identification to a bank or government lottery office to claim their prize.

It's important to note that Kerala lottery winnings are subject to a 30% tax deduction, and there is a 10% agent’s commission. For more comprehensive information about the Kerala Lottery Prize claim process and Kerala Lottery Prize Structures, please refer to the respective pages.

HOW TO CLAIM KERALA LOTTERY PRIZE MONEY?

To begin, check the Kerala lottery result either on our website or the official Kerala lottery website. The initial announcement of the result is made on the official portal, statelottery.kerala.gov.in, and is promptly updated on our platform. You can easily access the Kerala lottery result PDF file for your convenience.

If your ticket number matches the winning numbers in the Kerala Lottery result file and you've won, you can proceed to claim your prize money. Below, we've provided a list of offices organized by prize money amounts where you can collect your winnings.

The akshaya lottery ticket comes with 9 prizes, including a consolation prize. The top prize winner receives a whopping "70 lakh" rupees, while the second and third prizes amount to 5 lakhs and 1 lakh respectively (with one prize in each series). In total, 253826, prizes are distributed to the winners. The lottery agency deducts 10% from the first to third prize amounts, and this sum is given to the agents who sold the winning tickets. As for the 4th to 8th prizes and the consolation prize, the agent's commission of 10% is provided from the fund allotted by the government.

The Kerala Lottery Department is a government-run organization that conducts lottery draws to raise funds for social development. The lottery department contributes a significant portion of its revenue to the state government, which is then used to fund various social welfare programs. These programs include poverty alleviation, education, healthcare, and infrastructure development.

The lottery department also provides direct financial assistance to the poor and needy.

HISTORY OF KERALA LOTTERY

The Kerala Lottery is a special lottery program managed by the Government of Kerala. It all began in 1967 when the government set up the lottery department, marking the pioneering lottery initiative in India. The very first lottery ticket was sold on November 1, 1967, and the inaugural draw was conducted on January 26, 1968.

The main aim behind starting the Kerala Lottery was to raise funds for the state government and offer an enjoyable activity for the public. It turned out to be a remarkable success right from the start and has now grown to become one of the most popular lotteries in India. Many have met their financial responsibilities through Kerala lottery winnings.

Two types of lottery is currently available 1. Weekly lottery and 2. Bumper. The weekly lotteries, held every day of the week, are the most sought after. Additionally, special bumper lotteries are conducted on significant occasions like Vishu, Onam, and Christmas.

To participate in the Kerala Lottery, individuals need to buy a ticket from authorized lottery agents. Ticket prices range from Rs. 10 to Rs. 100, depending on the ticket name. During a public draw, the winning numbers are randomly selected.

You can catch the Kerala Lottery Results live today on popular Malayalam TV channels like Kairali TV, Kaumudy TV, and Jai Hind TV. The live video telecast of the weekly lottery results usually begins at 2:55 pm. However, on certain special days with multiple draws, the live streaming begins a bit earlier at 2 pm. This live telecast is made possible by the Centre for Development of Imaging Technology (C-DIT), an organization under the Government of Kerala dedicated to adapting technology for the general public.

The impact of the Kerala Lottery on the state's progress has been significant. The revenue generated from the lottery is utilized to support various social welfare initiatives like education, healthcare, and housing. 

Frequently asked question about kerala lottery

1. What is the number of Kerala Lottery Centre?

You can call at 1800 425 8474 for registering complaints

2. Is Kerala Lottery online genuine?

In Kerala, the operation of online lottery has been prohibited. Agents are strictly prohibited from selling lottery tickets through the internet or any other medium without obtaining prior permission from the Director. Only the sale of physical tickets is allowed within the regulations.

3. How many lotteries are printed in Kerala?

Kerala State Lotteries organize seven weekly lotteries every week, a monthly draw each month, and six bumper lotteries each year. 

4. Can other state people buy Kerala lottery tickets?

Yes, individuals visiting or residing in Kerala are eligible to purchase lottery tickets and claim any winnings.

5. Which state lottery is best in India?

KERALA LOTTERY is the best and popular in India.

6. Where is the head office of Kerala lottery?

Kerala lottery head office is situated in Vazhuthacaud, Thiruvananthapuram

7. How can I get lottery prize money in Kerala?

Winners need to present their lottery tickets to the Kerala State Lottery Department within a one-month timeframe to claim their prize money.

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