STHREE-SAKTHI SS451 Kerala lottery result today 21/01/2025

The Kerala Lottery Sthree Sakthi is a popular lottery draw that occurs every Tuesday at 3 PM. The prize structure for the Sthree Sakthi SS-451 draw, held on January 21, 2025, is as follows:

Kerala lottery result today prize structure

1st Prize: ₹75 lakh (₹7,500,000)
2nd Prize: ₹10 lakh (₹1,000,000)
3rd Prize: ₹5,000
4th Prize: ₹2,000
5th Prize: ₹1,000
6th Prize: ₹500
7th Prize: ₹200
8th Prize: ₹100
Consolation Prize: ₹8,000 for tickets matching the first prize number in other series.

Tax Implications on the First Prize
Winners of the first prize are subject to taxation as follows:
-TDS (Tax Deducted at Source):30% of the total winnings.
– Agent Commission:10% of the prize amount.

For example, if a winner receives ₹75 lakh:
TDS would amount to ₹22.5 lakh (30% of ₹75 lakh).
An additional agent commission of ₹7.5 lakh would be deducted.

Expected Net Prize Money
The expected net amount that remains with the winner can be calculated using the formula:

Net Amount = Total Prize -TDS +Agent Commission
Substituting in the values: Net Amount = 75,00,000 – (22,50,000 + 7,50,000) = 45,00,000

Thus, a winner of the first prize in the Kerala Lottery Sthree Sakthi can expect to take home approximately ₹45 lakh after taxes and commissions are deducted.