Upgrad LLM

international lottary participation


Hi. Lottary is illegal in tamil nadu. And is it illegal to participate in international lottary? If I win lottary from abroad, it's illegal to receive my winning price in Tamil Nadu?
 
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Retired Manager

Purchasing lottery ticket from abroad is prohibited under FEMA 2. What are the prohibited items under the Scheme? Ans. The remittance facility under the Scheme is not available for the following: Remittance for any purpose specifically prohibited under Schedule-I (like purchase of lottery tickets/sweep stakes, proscribed magazines, etc.) or any item restricted under Schedule II of Foreign Exchange Management (Current Account Transactions) Rules, 2000. Remittance from India for margins or margin calls to overseas exchanges / overseas counterparty. Remittances for purchase of FCCBs issued by Indian companies in the overseas secondary market. Remittance for trading in foreign exchange abroad. Capital account remittances, directly or indirectly, to countries identified by the Financial Action Task Force (FATF) as “non- cooperative countries and territories”, from time to time. Remittances directly or indirectly to those individuals and entities identified as posing significant risk of committing acts of terrorism as advised separate
 
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Advocate

 online lottery is completely legal in india on Indian lottery websites and international websites.

Land-based lotteries- Allow in 12 states, West Bengal, Maharashtra, Kerala, Punjab, Madhya Pradesh, Sikkim, Goa, Assam, Arunachal Pradesh, Meghalaya, Manipur and Nagaland.

 
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Advocate

Indian citizens are free to win huge prizes thanks to international lotteries online. International lotteries are not subject to the usual Indian gambling laws as the draws take place outside the country allowing residents of all Indian states to play regardless of the gambling laws in any particular state.

 
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Retired Manager

Sir, 

 

Indian Citizen is forbidden from making any remittance for the purpose of Lottery and similar such things under FEMA. When a person cannot even purchase a lottery ticket, where is the question of his winning.

 
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