Playwin declares 30% price hike for lottery tickets ‘on account of GST’

Winning the elusive lottery jackpot in India now comes with a hefty price tag.

Last week, private lottery distributor Playwin announced on Twitter that it has “revised prices” for its lottery game tickets, effective July 1. The lottery brand of Indian conglomerate Essel Group pinned the ticket price hike “on account of GST.”

If you recall, the Goods and Services Tax (GST) Council ordered in June a dual tax rate for lottery tickets in the country. Under the dual tax rate, state-run lotteries, which do not have private distributors or marketing agents, will be charged a 12 percent GST rate, while lotteries operated by private distributors will fall under the highest tax slab of 28 percent.

Playwin, which falls under the latter category, decided to up its tickets’ prices by as much as 30 percent, reported GLaws.in’s Jay Sayta, noting that the ticket for last week’s Saturday Super Lotto went up from INR10 (US$0.15) to INR13 (US$0.20). Saturday Super Lotto is promoted by the Sikkim government and has a total prize pool of INR3.25 crore (US$502,668.08).