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

D﷽ata released by the All India Federation of Lottery Trade (AIFLTAI) that the government has earned Rs. 3,948 crores through Goods and Services Tax (GST) on lotteries for the period July 2017-March 2018.

Out of the nine states that currently permi🉐t 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 pr🐻oceeds of Rs. 1,852 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 entܫire 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 lo♕ttery companies a𝐆ppointed as distributors 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.