Your cart is empty
News & Stories 20 May 2019
You Can Win INR 750 Crores
International Lotteries in India
Lotteries In Different Countries
Many countries have popular lotteries in which the participation is very high and hence, the jackpots are also big. There are other countries, which do not allow the lottery to be played at all. There are some countries where the lottery is approved, but not all districts and states legalize the play. India and USA are two such countries where the state legislature has the right to decide the legal status of the lottery. The rules and regulations regarding lottery are different for different countries and in some cases, may even vary across states.
With the ever-expanding access to the internet, it should surprise no one that the best of the international lotteries can be played online from the comfort of your home. Players in one country can easily participate in lotteries played in other parts of the world. Laptop or smartphone, it is easy for you to play the lottery as you want and when you want, and win amounts that will transform the way you live your life. Lottoland is the most renowned portal for playing online lottery games, and it has helped many people across the globe to achieve their dreams to become millionaires.
Is International Lottery Legal in India?
While each state regulates the lotteries in the states of India, the international lotteries are outside the legal jurisdiction of the country. Access to online lotteries gives Indians a chance to play international lotteries from the comfort of their home. All you have to do is register yourself with the platform, choose a credit package and start playing the games that you want to play. There are games you can play and win every hour, while the bigger jackpots have weekly draws. It is a good idea to study the rules and restriction while for each lottery before you start playing. Also, make it a point to understand the process of claiming the prize money when you win.
International Lottery Laws in India
You are free to buy tickets of a lottery outside the Indian borders - Indian laws cease to apply, and you are free to take part in the lotteries of these other countries. This is possible as long as those countries allow participation of non-residents. Since lotteries are such a big source of revenue for the respective governments, many of them welcome the idea of extra revenue.
In many of the international lotteries played online, the tickets are bought online, and a similar pattern followed by the real lottery is observed. You choose your ticket, select the numbers and play. There is an additional feature – NumberRakshak, where you can protect your numbers at the time of buying the tickets. If you win the jackpot on the protected number, you do not have to share the winning prize with any other winner.
How Online Lotteries on Lottoland Work?
You select a ticket and numbers of a lottery with your credit package. When the lottery numbers are announced, and your numbers match, you will be informed via email of the win. In case you win the jackpot, a representative will call and inform you. It is important to be careful while replying to emails, to ensure you are dealing with Lottoland and not anybody else.
Can I Transfer Lottery Winnings to India?
If you invest some money on lotteries outside India and happen to win a certain amount, you can bring it back to India provided you declare it as an income. Since it is a deemed income, you will be required to pay taxes as per the Income Tax Act, and it is a good idea to hire a tax lawyer to help you.
There are restrictions on the repatriation of money from India to other countries. Ensure you discuss the details with a tax lawyer to know the legalities involved in getting the money to India. The best way to ensure you get your winning amount is to play on reputed platforms which transfer the money directly into your bank account.
A point of note - You will pay taxes in the country where the lottery is registered.
If you are playing the lottery online, the money gets transferred to your online account. Smaller amounts can be transferred directly to your account while jackpot amounts are transferred to your registered account.
S
by
Sanjay
Sanjay, who calls himself an accidental writer, works as a content writer with the Lottoland Asia team. After his MBA, he worked with two leading banks of India as a marketing executive for seven years. An avid sportsperson and lottery player, he was part of his school’s hockey and badminton teams. While working abroad for his employer, he led his department’s lottery pool for the the weekly draws. He quit his job to pursue full-time writing. Today, the father of two, can write the most well-researched and entertaining lottery-related content.