Getting the money from the lottery prize will be a very exciting moment for everybody; however, before getting the money, there are some legal formalities that need to be performed. The present article will help readers get a clear idea of how they can claim their money from lottery prizes:

Step 1: Verifying the Winning Number

After knowing that you have won the lottery, the next step is to verify the number mentioned in your ticket with those published in the lottery ticket list of the State Lottery Department. The verification includes not only the number but also checking the winning date, winning time, winning series number and all five-digit serial numbers at least twice or thrice only from lotterysambad.tv.

Step 2: Signing of the Winning Lottery Ticket

Once you verify the winning number, it is time to put your signature in your name on the back of the winning lottery ticket with complete name, which appears in your identity proof.

Step 3: Preparation of Necessary Documents

When you become aware of the fact that you have won the lottery, you will need to collect all necessary documents. These include the winning lottery ticket, fully filled lottery claim form, two photographs in passport size, duly certified photo identification proof such as Aadhaar/PAN card, duly certified address proof, signed affidavit of purchasing lottery ticket, canceled cheque or bank passbook etc.

Step 4: Submission of Claim Application Form With Thirty Days

It has been observed that one has to submit his/her fully filled lottery application form and all necessary documents to the lottery department within thirty days of lot draw day. In case the claim forms are submitted after the stipulated period of time, then these will be automatically rejected by the authorities. But if the money claimed does not exceed ten thousand rupees, then it can be claimed through authorized retailers.

Step 5: Getting Authorized Money Amount After Verification Process

Here, the lottery application form along with other necessary documents will be verified by the relevant authorities. Generally, the process of verification takes some time. As soon as verification is completed, one will get his/her authorized money amount after paying income tax as per Income Tax Act, section 194B.

Conclusion

From the above discussion, it has been observed that one can understand how to claim money from lottery prize money with the help of proper formalities including verification of lottery ticket, signing of the winning ticket, preparation of documents, submission of claim application form and receiving authorized money amount.