Kerala state lottery result declared, first prize ₹70 lakh

The annual revenue from the sale of tickets is between ₹10,000 core to 12,000 crore for the Kerala government. The lottery sale was suspended in the for three months last year due to the Covid-19 pandemic.

The Kerala state lottery department announced the winners of Akshaya AK-496 lottery. The results were announced at 3pm.

Lottery is a major source of revenue for the Kerala government. (Representative Photo)

The first prize of the Akshaya AK-496 lottery is ₹70 lakh, while the second and third prizes are ₹10 lakh. The results of the lottery are announced very Wednesday on keralalotteryresult website.

The first prize has been won by the ticket AU-258505. One ticket has been given the second prize, while 12 have bagged the third prize.

The consolation prize is ₹8,000.

The fourth prize in Akshaya-496 lottery is ₹5,000, the fifth is ₹2,000 and sixth ₹1,000. The seventh and eighth prizes are for ₹500 and ₹100 respectively.

Revenue from lottery is one of the major earnings of the state government. Every day there is a lottery and more than 2 lakh people are engaged in the trade as agents and retailers. Many differently-abled and others eke out a living by selling lucky numbers.

The annual revenue from the sale of tickets is between ₹10,000 core to 12,000 crore. The lottery sale was suspended in Kerala for three months last year due to the Covidpandemic.