Govt earns Rs. 3,950 crores from GST on lotteries

Data released by the All India Federation of Lottery Trade (AIFLTAI) that the government has earned Rs. 3,948 cror🌱es through Goods and Services Tax (GST) on lot⛎teries for the period July 2017-March 2018.

Out o🍸f the nine sꦦtates that currently permit lotteries, West Bengal has contributed the maximum amount of Rs. 2,150 crores towards GST followed by Kerala which has contributed Rs. 908 crores and Maharashtra Rs. 797 crores (see table below).

Apart from GST, lottery proceeds of Rs. 1,852ꦚ crore have been contributed to state government exchequers for good causes. The Kerala government has mopped up a whopping Rs. 1,691 crores revenue from paper lottery ticket sales. The entire funds generated from sale of are utilised for social schemes such as treating cancer patients, providing 🔴education to girl child, providing for healthcare facilities etc.

Other state exchequers have not received any substantial revenue from starting lottery schemes as most of the proceeds from lottery sales (apart from payout to winners) is cornered by private lottery companies appointed as disꦰtributors or marketing agents by the states.

Currently, of 12% is imposed on lotteries organised by the state government which are sold within its jurisdiction, while a 28% tax rate is imposed🐈 on lotteries marketed and sold by state governments in other states. Centre and states split the GST revenue received 50:50.