Being the first state in which state lottery was legalised by the Indian Government, Kerala State Lottery offers a variety of weekly lotteries. It was established in 1967 under the lottery department of the state. The idea of the department came from the then Finance Minister of Kerala, the late PK Kunju Sahib, who envisaged revenue from the sale of lotteries as a major source of non-tax revenue for the state and a stable income source for the poor and common people.
Kerala Lottery Akshaya AK-457 Results at 3 PM
The Kerala Lottery Department is all set to announce the Akshaya AK-457 weekly lottery result today at 3:00 PM. The lucky draw for the Kerala Akshaya weekly lottery result will take place at Gorky Bhavan, Thiruvananthapuram. The Director, Kerala Lottery Department will announce the official Akshaya weekly lottery result today.
Kerala Akshay AK-457 Prize Money
- First prize: Rs 7,500,000
- Second prize: Rs 500,000
- Third prize: Rs 100,000
- Fourth prize: Rs 5,000
- Fifth prize: Rs 2,000
- Sixth prize: Rs 1,000
- Seventh prize: Rs 500
- Eighth prize: Rs 100
- Consolation prize: Rs 8,000
The official results will be available on keralalotteries.com. The live streaming of the results will begin at 3 pm. The price of a single ticket is Rs 40, while the entire book costs Rs 750. If the prize money is less than Rs 5,000, the winners can claim the money from any lottery shop in Kerala. If the amount won is above Rs 5,000, the winners will have to surrender their tickets before a bank or government lottery office with id proofs.
The state government also organises four festival bumper draws — Onam, Vishu, Christmas, and Pooja/Dussehra. There are two seasonal jackpots, the monsoon and summer bumper. Other than Win-Win, Kerala State Lotteries also run draws for other lotteries such as Sthree Sakthi (on Tuesdays), Akshaya (on Wednesdays), Karunya Plus (on Thursdays) Nirmal (on Fridays), and Karunya (on Saturdays), and Pournami (on Sundays).