Indians are fun-loving people by nature and they don’t shy away from trying new and innovative things. Though people have been playing lotteries offline since time immemorial, playing online has been a new concept for them. As online portals like Lottoland, which is a world leader in offering international lotteries started offering them to Indians, they grabbed the opportunity with both hands.
Online International Lotteries
Today, there are many online portals that offer various lotteries and casino games. The best part of this online gaming is that you can play it conveniently sitting in the confines of your homes. In India, lotteries happen only in a few states and that too they are not big jackpot lotteries. Compared to that, jackpot prizes of lotteries happening in Europe and the US like EuroMillions, MegaMillions and Powerball run in crores of rupees. Earlier, it was not possible for anyone to participate in lotteries other than people residing in the areas where these lotteries happen.
But, the Internet has turned the world into a local place. Today, you can access and play all these international lotteries sitting anywhere across the world through the online portals offering it. Indians are extremely happy and thrilled with these portals because it has opened a new avenue of having fun and also earning for them.
These portals offer skill-based as well as luck-based games. Indians are known for their brains all over the globe. They quickly adapt various tips and tricks required to win lottery games. You will soon find many Indians playing and winning big amounts.
However, there are few precautions that Indians should take while playing the lottery games through these online portals few of which are discussed below.
Pick the Right Website
It’s very important to pick the right website as many are offering lottery games these days. The website you choose to play should be safe and secure and adhere to the laws of the land. It should have all the necessary licenses and provide 256-bit SSL encryption to ensure safe financial transactions.
The lottery website, while offering all major international lotteries, should allow payment transactions in local currency. This makes it easier to pay and receive money. To find the right website, you should research a bit about the reputation of the website. This can be done by reading reviews on some genuine third-party websites about its credibility and transparency in operations.
Easy and Convenient Funds Withdrawal
You should look for a portal that allows the withdrawal of the winning amount in a seamless and hassle-free manner. There should be options of monetary transactions through multiple payment modes like debit card, credit card and PayPal. However, you should also keep in mind the restrictions that are imposed by the Reserve Bank of India on international transactions.
Taxes
If you win anything, then it is considered as an extra income and you need to pay taxes on it as per the Indian income tax law. You can hire a financial advisor to help you manage these taxes and devise a proper financial plan for savings with the money you have won.
All these things are required to have a peaceful experience of playing international lotteries online.
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