Ludhiana Prepares for ₹1.50 Crore Jackpot: Punjab State 200 Monthly Lottery Result 2 May 2026 Set for Declaration
Published exclusively on PunjabLotteryNews.com | Reporting from Ludhiana, Punjab
LUDHIANA, PUNJAB — The atmosphere is electric across the state today as thousands of hopeful citizens eagerly await the live declaration of the Punjab State Dear 200 Monthly Lottery Result 2 May 2026. Conducted under the strict vigilance of the Directorate of Small Savings, Banking and Lotteries, Punjab, today’s 32nd draw promises to transform the financial destiny of one lucky ticket holder with a life-altering guaranteed first prize of ₹1.50 Crore.
The official draw proceedings are scheduled to commence at exactly 6:00 P.M. onwards at the Punjab State Lottery’s Site Office in Ludhiana. Observers and officials have already begun gathering at the venue to ensure the utmost transparency in a process that has become a staple of trust and anticipation for lottery enthusiasts nationwide.
A Guaranteed Multi-Millionaire: The “Sold Tickets Only” Mandate
In an exclusive look at the underlying mechanics of today’s scheme, Punjab Lottery News has confirmed that the May 2026 edition operates on a highly favored public mandate. Unlike certain lottery formats where top prizes can roll over if an unsold number is drawn, the Punjab State Dear 200 Monthly Lottery guarantees its ₹1.50 Crore first prize. Official scheme documents explicitly state: “1st Prize will be drawn out of sold tickets only.”
This single regulation has driven massive ticket sales over the past four weeks. A total of 6 Lakh tickets were issued across two series (A and B), numbered consecutively from 700000 to 999999, priced at a highly accessible ₹200 each. The sheer volume of participation underscores the public’s enduring faith in Punjab’s government-regulated lottery ecosystem.
Financial Distribution: Over ₹3.45 Crores in Payouts
While the spotlight remains firmly fixed on the staggering first prize, the Directorate has engineered a widespread distribution of wealth for today’s draw. The total prize pool for the May 2 draw amounts to an impressive ₹3,45,95,000. This massive fund will be distributed among exactly 30,905 individual winning tickets across nine distinct prize tiers.
To provide our readers with a comprehensive overview ahead of the live results, here is the official prize allocation roster authorized for today’s event:
| Rank | Total Winners | Winner’s Share | Seller’s Commission | Sub-Stockist Margin |
|---|---|---|---|---|
| 1st Prize | 1 | ₹1,50,00,000 | ₹10,00,000 | ₹5,00,000 |
| 2nd Prize | 2 | ₹10,00,000 | ₹1,00,000 | ₹50,000 |
| 3rd Prize | 2 | ₹5,00,000 | ₹50,000 | ₹20,000 |
| 4th Prize | 60 | ₹9,000 | ₹900 | ₹100 |
| 5th Prize | 120 | ₹8,000 | ₹800 | ₹50 |
| 6th Prize | 120 | ₹6,000 | ₹600 | ₹50 |
| 7th Prize | 300 | ₹4,000 | ₹400 | ₹30 |
| 8th Prize | 300 | ₹2,000 | ₹200 | ₹20 |
| 9th Prize | 30,000 | ₹300 | ₹30 | ₹10 |
Expert Guidance: Crucial Post-Draw Instructions for Winners
As the clock ticks down to the 6:00 P.M. draw, officials strongly advise all participants to safeguard their tickets. According to the Punjab State Lotteries Rules of 2015, any ticket that is found to be forged, torn, mutilated, or tampered with will face immediate and uncompromising rejection. Buyers must ensure they are holding the physical, intact ticket to be eligible for any claims.
Furthermore, the Directorate enforces a strict 30-day statute of limitations on all prize claims. Winners must formally submit their tickets, accompanied by a completed claim form, valid identification, and PAN card, within 30 days of the result’s official publication in the Punjab State Government Gazette. For substantial prize amounts, winners are required to report directly to the Director, Small Savings, Banking and Lotteries in Chandigarh. Conversely, prizes valued up to ₹10,000 are eligible for streamlined disbursement through authorized local sellers and sub-agents.
In-Depth FAQ: Decoding the May 2026 Dear 200 Draw
1. Are there tax deductions on the winning amounts?
Yes. In accordance with current Indian financial regulations, Tax Deducted at Source (T.D.S.) will be firmly applied to all qualifying prize payouts before the final disbursement of funds to the winner’s bank account.
2. Can individuals residing outside of Punjab participate and win?
Absolutely. The scheme explicitly notes that prize-winning ticket holders residing outside of the state, or even abroad, are fully eligible to claim their winnings. The Directorate stipulates that all overseas or out-of-state payouts will be securely processed and paid exclusively in Indian Currency.
3. Where exactly in Ludhiana is the live draw being held?
The comprehensive draw procedure is physically executed and monitored at the designated Punjab State Lottery’s Site Office located in Ludhiana. The jurisdiction for all legal matters or disputes, however, rests solely within the courts of Chandigarh.
4. What is the deadline to secure my prize money?
You have exactly 30 days from the publication date of the official result in the Punjab State Government Gazette. Failure to reach the Directorate or your authorized agent within this exact timeframe means your right to claim the prize money is permanently extinguished.
5. Will the exact results be published immediately here?
Yes. Punjab Lottery News has reporters tracking the Ludhiana proceedings. We will update this exact URL with the meticulously verified winning numbers the moment they are officially cleared by the state authorities.
