Mumbai: While Rs 7.87 crore is a large amount, Dr Kirti Patel won't be seeing all of it when her winner's cheque arrives. She will have to pay 30% as income-tax, which means a hefty Rs 2.36 crore will go to the government, leaving her with a grand total of Rs 5.5 crore.
Patel will also have a long enough wait to think of what she would like to do with the money. Amar Sinha, chief executive officer of the lottery, said that it will take at least three to six months before she gets the prize. "After completing the formalities, the government of Sikkim will send the prize amount to us and we will hand it over to Patel,'' said Sinha.
The retailer who sold the winning ticket to Patel will find himself richer by Rs 7 lakh.
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