GST for Lottery

In India, the Goods and Services Tax （GST） has a significant impact on the lottery industry. Lottery tickets are considered as goods under the GST regime and are subject to specific tax rates.

The GST rate for lottery tickets varies depending on the type of lottery. State-run lotteries are taxed at 12%, while lottery tickets sold by private operators attract a 28% GST rate. This differential taxation aims to regulate the market and generate revenue for the government.

All lottery operators must register under GST if their annual turnover exceeds the threshold limit. They are required to file regular GST returns and maintain proper records of their transactions. The implementation of GST has brought more transparency and compliance to the lottery sector in India.