Lottoland – Indian Alternatives for Online Lottery & Casino
What if we tell you that you can earn lakhs and crores of rupees only by investing 50-100 rupees? Will you be interested in the chance? Of course, who wouldn’t love to try their luck with such a small amount?
This is why online lotteries have become so famous nowadays. People believe that they can get a chance to earn a lot of money by paying a meager amount. One such online lottery and casino site that helps you in doing so are Lottoland.
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Lottoland is a famous and easy-to-use lottery site, which people of India and other parts of the world indulge in to play their luck. Here, you can win amounts ranging from small to extensively large. Today, we will talk about the different features of Lottoland and why you must check out its alternatives.
Lottoland – At a Glance
Lottoland casino is a gambling and lottery website and platform. It offers users to choose from a number of games such as Table Games, Scratchcards, Instant Win, Jackpots, and much more.
The platform has been available for the international audience for a long time.
However, it has come to India only recently. They also brought forth rupees as a currency option. One amazing feature of this platform that makes Indians like it is Cricket Lotto, which is a cricket gambling game.
Lottoland betting operates under EU Lotto Ltd, which is based in Gibraltar. The firm was originally established in 2013 but came to India only recently. It supports a plethora of languages, such as Polish, Italian, Dutch, German and Portuguese, etc., apart from English.
To help users in difficult times, Lottoland provides help only through its email address. There is no option of contacting support through phone or chat, which is disheartening for the players.
Setting up and beginning to play with Lottoland is quite easy.
You can play it on almost any device- your desktop, mobile, or tablet. However, it does not support an app for iOS and has an app only for android users.
You can play a variety of games with Lottoland, such as slots, roulette, scratch card, live casino, lottery, baccarat, etc. The minimum deposit and withdrawal amount to being playing is Rs 300.
Lottoland has acquired the license by the name EU Lotto Ltd. It is licensed under the Gibraltar Government, and the Gambling Commission of Gibraltar regulates it. Apart from that, it has managed to acquire licenses from other countries such as the UK and Ireland.
However, it has taken no special permission from any authority in India. In India, the states are responsible for regulating lotteries, and the State laws define the legality of a firm. In this regard, there is no State which sponsors Lottoland.
However, we cannot say that it is illegal, but it is not as authoritative as other options.
Lottoland Guide – How to Begin at Lottoland?
The sign-up process for Lottoland casino is easy and straightforward. You can log in within a minute or so and start playing your favorite games. However, you must be 18 years or above to go forward with the signup process.
The platforms demand your true identity through details like name, age, phone number, etc. They also reconfirm whether you have provided the correct information through your ID. The process to begin Lottoland betting is mentioned below-
Visit the website of Lottoland and click on the “Register” button.
Enter all your details, such as email, phone number, name, etc.
After entering your address and everything, you will get a confirmation message on your phone number. Enter the code in the message to move forward with the process.
Enter the username and password you wish to keep for your account. It is very important for security purposes and thus should be decided carefully.
Once you have signed up to the platform, you will see in from of you so many options of gambling. You can either buy lottery tickets or bet on their outcomes to earn money. Also, you can play a plethora of other betting or gambling games. However, to start playing, you must deposit money into your account through your preferred payment mode.
Taxation on Lottoland Winnings is a problem
In India, different states have different laws to regulate lotteries. It is to be noted that lottery taxes are a major source of revenue for the states. Therefore, almost all states have applied taxes on lottery winnings, which range from 3% to 30%.
The lottery is a special taxable income under the Indian Income Tax Act. The general tax applied on all lottery winnings is 30%. However, Lottoland India claims to acquire none of it, and all of the tax amounts are kept by the State.
Also, if the income on the lottery exceeds a certain threshold, a surcharge is applied to the amount. The surcharge generally goes as-
10% for winnings of Rs 50 lakhs to 1 crore.
15% for winnings of Rs 1 crore to 2 crore
18% for winnings of Rs 2 crore to 5 crore
22% for winnings above Rs 5 crore.
Additionally, there are other taxes, such as Education Cess (2%) and Secondary & Higher Education Cess (1%).
Lack of India Friendly Payments at Lottoland is a problem
Depositing money is very important to start playing in Lottoland. However, to deposit money, you can only use the following methods-
A point of disappointment for the users is the lack of other famous and convenient payment methods. Indians mostly rely on UPI and other kinds of debit and credit cards to make the payments. Lottoland casino does not support BharatPe, BHIM, PayTm, or any kind of card other than MasterCard or Visa. This is the cause of the problem. The minimum deposit and minimum withdrawal amount in the game has to be Rs. 300.
Lottoland Alternatives are far better
Everyone loves to win money by playing online. Betting and gambling are exciting and help you play games with chances of huge wins. But why go for lotteries when you can indulge in numerous other gaming options?
There are a plethora of lucrative gaming options in the market. These offer great alternatives to Lottoland betting and its likes. Let us read why you must try out these options instead of Lottoland.
More than just Lottery
You surely want to play games like cricket and live sports betting, and other indulging casino games. However, the chance to play these games is not provided by Lottoland. Thus you can check out other options which provide an amazing variety, such as live cricket and football betting, Indian casino games like Andar Bahar and Teen Patti, Ludo, and other indulging games. The chances of victory in these games are higher, and of course, you do not have to pay such high taxes on the victories.
Hassle-free payment Options
Before choosing the perfect platform for your gaming experience, do not forget to check out the payment methods they offer. You surely want to make payments and withdrawals quickly with your preferred payment modes. So do not settle for apps like Lottoland India, which do not have the payment methods you wish to choose.
Easy and quick withdrawal is a feature that every online gambling and betting app must have. This ensures that the casino is safe and legal and authoritative, and the players build their trust in the app or the platform.
Quick withdrawals are important for the legitimacy of the online gambling platform. Therefore, you must look out for the options which facilitate quick withdrawals rather than those which cause trouble in giving you your victory money.
The best part about gambling and casino games is the offers and bonuses they provide to the customers. With the help of bonuses, the winning amount increases, and so do the chances of winning.
Before making the final choice, you must check out the bonuses the platform has to offer to its user. Some games even provide a losing bonus to the regular players every week. This is something you must be careful about.
Final Words: Its time to move beyond the lottery
When you register on the app for the first time, Lottoland gives you 10 free spins initially. However, this is not as generous a welcome bonus as many other online casinos, and betting games provide.
Also, as mentioned earlier, the customer service of Lottoland is not very effective. It is, in fact, poor compared to other such game providers. Thus, there are many regards in which Lottoland lacks behind.
If you are a lover of the lottery, you must try to play with the State registered applications, which are authentic and much better.
However, we altogether advise you to move beyond the lottery and try your luck in other gaming options such as Casinos, live sports betting, etc. They give you higher winning chances and are much more fun- not to forget, free of heavy taxes (unlike lotteries).
Check out the multiple alternatives provided by us if you are looking for a great betting or gambling experience.
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