Akshaya AK 416 Lottery Results 16-10-2019 Kerala Lottery Results Live Today:- The Akshaya Lottery is a weekly lottery conducted by the Kerala Government every Wednesday. The MRP of a single ticket is only INR 30 and it provides a whopping sum of INR 65 lakh as the first prize. The second prize offered under this lottery system is of INR 2 lakh and third prize is worth INR 10,000. Other prizes fall under the slabs of Rs. 5000, Rs.2000, Rs.1000, Rs.500 and Rs.100 .
Akshaya Lottery Today
Kerala lottery for Akshaya AK 416 Lottery will draw today on 16 Oct 2019 on this Wednesday. This lottery will be developed by the Kerala Lottery Department which is directly coming from the State Government of Kerala. This is the Akshaya Lottery AK 416 which is coming from the Kerala lotteries are very popular and in this state, the Kerala Lottery is very popular as it is conducted very transparently.
A total of 63 lakh tickets are printed in the series of 7. The tickets are printed with numbers starting from 100,000, each bearing an alphabetic code. The numbers are preceded by a code consisting of two alphabets, of which the first letter represents the name of the lottery scheme and the second letter represents the series.
For example, in a ticket bearing the No. AB-123456, the letter A – represents Akshaya and B – represents the series.
General information about Akshaya Lottery:-
- The total amount of money to be distributed as the prize is Rs. 8,32,45,000/-
- The maximum number of tickets is 63 lakh.
- A maximum number of a ticket in each series is 9 lakh.
- The draw is conducted at 3:00 PM every day at Sree Chithira Home Auditorium, Pazhavangadi, East Fort, Thiruvananthapuram.
If you have purchased the Akshaya AK 416 then the official media portal of the Kerala Lottery is the right place to see the result.
Akshaya Lottery AK 416 Results Today which will be declared by the Kerala Lotteries in the Kerala state.
This Kerala lottery draws are conducted by 3:30 PM and LIVE results will be declared publicly at the venue and then the draws progress.
The first prize winning number will be uploaded as live from almost 3:33 PM. We upload live results based on the information which is coming directly from the drawing spot.
This is there can be some chances of mistakes in live winning numbers, though this is very rare.
It will be suggested to the public that they need to always verify their winning numbers once it will be declared at the 4:30 PM and after the Official result come out.
Akshaya lottery result AK 416
A lottery is a form of legalized government gambling which is banned by some government though some government endorses the same for the welfare of the public.
It is common to find some degree of regulation in this Kerala lottery which is started by the government.
Today is the right time when we can see the Kerala Lottery results from Akshaya Lottery Results and this is also touted as the much-awaited and anticipated Kerala lottery.
Akshaya Lottery AK 416 Results Live Today:
The Akshaya AK 416 Lottery Result will be out today on 16 Oct 2019 and on this Wednesday it will be available in the official medium of Kerala State Lottery Department.
The Akshaya Lottery Prize money details are as follows 1st Prize Rs. 65,00,000/-, 2nd Prize of Akshaya AK 416 Lottery is Rs. 2,00,000/, Third prize Rs. 10,000/-, fourth prize 5,000/-, with the consolation prize of Rs. 10,000.
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The prize winners of Akshaya AK 416 are suggested to verify the winning numbers after the results will be published in the Kerala Government Gazette.
The public also needs to surrender the winning tickets within 30 days in order to claim the prize.
Akshaya Lottery Result
Akshaya Lottery AK 416 Results live will instigate at 3.30 PM. Kerala Lottery Results at the media portal after 4:00 PM.
For more updates download the Kerala Lottery App so that you can get the notification of the Kerala lottery post it will be declared at the media portal.
If your number is present in this Kerala Lottery Result Akshaya AK 416 PDF, then you are one of the Lucky winners of Kerala State Lottery.
Check Today Kerala State lottery results carefully, and be careful to claim the Akshaya Lottery AK 416 prize money.
The results will be published in all leading dailies, the very next day after the draw. Results can be had from agents also. The same will be available over the net at lotto.dekhnews.com.
Terms and conditions of Akshaya Lottery:-
- An amount equal to 10% of prize money will be deducted from Ist and 2nd prizes and given as agents commission on a prize to the agents concerned.
- The prize winners shall prefer their claims within 30 days from the date of draw.
- First and second prize-winning tickets should be surrendered to the Director of State Lotteries in person or by insured registered post or through Nationalised/ Scheduled Banks/ State or District Co-operative Banks supported with necessary documents.
- Claims on mutilated or tampered tickets will be rejected outright.
- One ticket can win only the highest prize awarded on it.
Details of tax levied:-
As of now, the prevailing rate is 30% which is deducted from all the prize-winning claims exceeding the amount of INR 10,000. While for the agents, 10% of the amount is deducted. By and by no extra charge or instructive cess is deducted according to the Income Tax rules.