AKSHAYA (AK-674) Lottery Results - 27 Oct 2024 Complete Winner Analysis
Today's AKSHAYA Lottery Results Summary
The Kerala State Lottery Department successfully conducted the AKSHAYA Lottery (AK-674)draw on 27 Oct 2024 at 15:00:00. This popular weekly lottery draw was held at GORKY BHAVAN, NEAR BAKERY JUNCTION, THIRUVANANTHAPURAM under strict government supervision and transparent lottery result announcement procedures. The first prize winner of ₹70,00,000 was awarded to ticket number AO432099 purchased from WAYANADU District, continuing Kerala's tradition of creating lottery winners and changing lives across the state.
Complete Guide to Kerala State Lottery System
Understanding Kerala Lottery: India's Pioneer State Lottery
The Kerala State Lottery system, established in 1967, holds the distinction of being First state lottery in India. This groundbreaking initiative was launched by the Government of Kerala under the visionary leadership of Finance Minister P.K. Kunju Sahib to generate revenue without burdening taxpayers and create employment opportunities for Kerala's youth.
Today, the Kerala lottery system operates 7 weekly draws and has generatedOver 50,000 direct jobs while contributing Over ₹5,000 crores annuallyto the state treasury. The lottery department conducts transparent, fair, and government-supervised draws that have created thousands of crorepatis and millionaires across Kerala and neighboring states. The lottery's success story demonstrates how government initiatives can create sustainable economic models while maintaining transparency and social responsibility.
Weekly Kerala Lottery Draw Schedule
AKSHAYA (AK-674) Prize Structure & Winner Distribution
The AKSHAYA lottery features a comprehensive prize structure designed to maximize winner opportunities across multiple prize categories. Each ticket costs ₹40, and the total prize distribution ensures that numerous participants can win substantial amounts while maintaining the lottery's financial sustainability for Kerala's development programs.
Kerala Lottery Winner Success Stories & Statistical Analysis
Lottery Winner Patterns and Success Insights
Statistical analysis of Kerala lottery results over the past decades reveals fascinating patterns in winning number distributions, geographical winner spread, and prize claim behaviors. Understanding these trends can help lottery enthusiasts make more informed decisions while maintaining responsible lottery participation practices.
District-wise Winner Distribution
Kerala lottery winners are distributed across all 14 districts, with Thiruvananthapuram, Ernakulam, and Kozhikode showing higher winner frequencies due to larger population and ticket sales volume. Rural areas also consistently produce winners, demonstrating the lottery's inclusive nature.
Popular Number Combinations
While lottery draws are completely random, certain number patterns appear more frequently in historical data. However, every draw is independent, and past results don't influence future outcomes. Responsible players understand this randomness principle.
Complete Kerala Lottery Prize Claim Process Guide
Claiming your Kerala lottery prize requires following specific procedures established by the Kerala State Lottery Department. The process varies based on prize amount, with different documentation requirements and claim locations for different prize categories.
Claim Time Limit
Winners have exactly 30 days from the draw date to claim prizes. For AKSHAYA (AK-674), the last claim date is 26 Nov 2024. Unclaimed prizes are forfeited to the state treasury.
Required Documents
Original winning ticket, valid government photo ID (Aadhaar, PAN, Passport), bank account details, and two passport-size photographs. For prizes above ₹1 lakh, additional verification documents may be required.
Tax Deductions
TDS (Tax Deducted at Source) of 30% applies on prizes exceeding ₹10,000 as per Income Tax Act. Winners receive the net amount after tax deduction, and TDS certificates are provided for tax filing purposes.
Claim Location Based on Prize Amount
Any authorized lottery shop in Kerala
District lottery office or bank branches
Directorate of Kerala State Lotteries, Thiruvananthapuram
Responsible Lottery Participation & Financial Wellness
Smart Lottery Playing Guidelines
The Kerala State Lottery Department promotes responsible lottery participation and encourages players to treat lottery tickets as entertainment rather than investment opportunities. Understanding lottery odds, setting spending limits, and maintaining realistic expectations are crucial for healthy lottery participation.
Responsible Playing Tips
- Set a fixed monthly lottery budget and never exceed it
- Play only with disposable income, never borrow money for lottery tickets
- Understand that lottery is a game of chance with no guaranteed returns
- Keep lottery tickets safe and check results from official sources only
Financial Wellness Advice
- Prioritize essential expenses, savings, and investments before lottery spending
- Consider lottery participation as entertainment expense, not investment strategy
- If you win, plan wisely: pay taxes, clear debts, save, and invest remainder
- Seek financial counseling if lottery spending affects your budget
Kerala Lottery: Historical Impact & Social Development
Five Decades of Social and Economic Transformation
Since its inception in 1967, the Kerala State Lottery has evolved into much more than a revenue generation mechanism. It has become a powerful tool for social development, employment generation, and economic empowerment across Kerala and neighboring states. The lottery's success story demonstrates how government initiatives can create sustainable
Employment Generation
The Kerala lottery system directly employs over 50,000 people as agents, sub-agents, and distributors. Indirectly, it supports families and creates economic opportunities in rural and urban areas alike, contributing significantly to Kerala's employment landscape.
Revenue Contribution
Annual lottery revenue exceeds ₹5,000 crores, funding various state development projects including infrastructure, education, healthcare, and social welfare programs. This revenue reduces the tax burden on Kerala citizens while funding essential services.
Winner Stories
Thousands of lottery winners have used their prizes to start businesses, purchase homes, fund education, and improve their family's quality of life. These success stories inspire continued participation while demonstrating the lottery's life-changing potential.
Critical Information for Kerala Lottery Participants
Essential Guidelines & Legal Requirements
Ticket Preservation and Verification
Winners must preserve lottery tickets in pristine condition. Damaged, torn, or tampered tickets may be rejected during prize claims. Always store tickets in safe, dry places and handle them carefully. Verify winning numbers against official government gazette publications before claiming prizes.
Official Result Verification
Always verify lottery results from official Kerala State Lottery Department sources. Fraudulent websites and unauthorized result publications exist. Cross-check winning numbers with official gazette publications and authorized lottery result websites before proceeding with prize claims.
Tax Obligations and Legal Compliance
Tax Deduction at Source (TDS) at 30% rate applies to all lottery prizes exceeding ₹10,000 as mandated by Income Tax regulations. Winners must include lottery winnings in their annual tax returns. Consult tax advisors for proper compliance and tax planning strategies.
Fraud Prevention and Security
Beware of lottery fraud schemes, fake winning notifications, and unauthorized prize claim requests. The Kerala State Lottery Department never contacts winners directly via phone, email, or SMS. Report suspicious lottery-related communications to authorities immediately.
Frequently Asked Questions About Kerala Lottery
Frequently Asked Questions
Official Kerala Lottery Verification Resources
Official Kerala State Lottery Portal
Government of Kerala's official lottery website with authentic results, announcements, and prize claim information.
Kerala Lottery Results Archive
Complete archive of Kerala lottery results with detailed analysis, winner information, and prize distribution data.
Important: Always verify lottery results from official government sources. Kerala Lottery Central provides comprehensive result information for educational and informational purposes. For prize claims and official verification, contact the Kerala State Lottery Department directly.