The Kerala result for Karunya Plus KN 579 lucky draw has started the announcement at 3:00 PM at Gorky Bhavan, Near Bakery Junction, Palayam, Thiruvananthapuram. The full and official result will be published at 4:30 PM of July 3. The KN.579 lucky draw winning tickets will be in 12 series such as PA, PB, PC, PD, PE, PF, PG, PH, PJ, PK, PL, PM.
Kerala Lottery Result 03-07-2025 Karunya Plus Lottery Result KN-579 Winners:
1. First prize winner (Rs 1 crore): PG 324114
2. Second prize winner (Rs 30 lakh): PM 209884
3. Third prize winner (Rs 5 lakh): PG 396640
4. Consolation prize winners (Rs 5000): PA 324114, PB 324114, PC 324114, PD 324114, PE 324114, PF 324114, PH 324114, PJ 324114, PK 324114, PL 324114, and PM 324114.
As per the Income Tax rule, all lottery winning amounts are taxable irrespective of the salaried individual class. This means that an individual can even be under a lower income tax category or higher, but the tax rate on lottery wins is the same.
The fixed income tax rate is 30% on lottery wins under section 194B of the Income Tax Act. The income tax rate further increases due to the addition of a health and education cess of 4%, which takes the total tax rate to 31.2%. Notably, there are also surcharges levied if the winning prize is over Rs 50 lakh.
So there is a 10% surcharge imposed on the winning amount between Rs 50 lakh to Rs 1 crore. The surcharge is increased to 50% on a winning amount greater than Rs 1 crore.
Additionally, there is a 31.2% tax deducted at source (TDS) levied if the winning amount exceeds Rs 10,000. If the lottery amount is rewarded in a mixture of cash and non-cash prizes, then TDS will imply the cash gains.
However, there are no tax exemptions given for wins in the lottery, either crossword puzzles, lottery tickets or horse races.
Gains in lotteries either be in Kerala or any other state of India, all fall under the category of 'Income from other sources.'