Payout & Claims Policy
Last updated: January 15, 2026
Overview
This policy outlines how prize claims are processed at Sika Kudi Jackpot. We are committed to paying all legitimate winnings promptly while complying with regulatory requirements for verification and tax withholding.
90 Days
Claim window
10%
Tax on winnings
₵50K+
Gold option eligible
Claim Requirements by Prize Amount
| Tier | Amount | Verification | Processing |
|---|---|---|---|
| Small Prizes | Under ₵500 | Phone verification | Instant to 24 hours |
| Medium Prizes | ₵500 - ₵5,000 | Basic KYC (ID verification) | 1-3 business days |
| Large Prizes | ₵5,000 - ₵50,000 | Enhanced KYC | 3-7 business days |
| Major Prizes | Over ₵50,000 | Full due diligence | 7-14 business days |
How to Claim Your Prize
Check Your Results
Log in to your account and check your tickets against the draw results. Winning tickets are automatically identified.
Initiate Claim
For small prizes, claims are processed automatically. For larger prizes, initiate a claim from your dashboard.
Complete Verification
Provide any required documentation based on your prize tier. This may include ID verification and proof of address.
Choose Payout Method
Select how you want to receive your winnings: mobile money, bank transfer, or gold (for eligible amounts).
Receive Payment
Once verified, your prize is processed and sent to your chosen payment method.
Tax on Winnings
In accordance with Ghanaian tax law, a 10% withholding tax is applied to all lottery winnings. This tax is deducted at source before prize payment.
Example Calculation
A tax receipt will be provided for your records. Consult a tax professional for advice on your specific situation.
Gold Payout Option
Winners of prizes ₵50,000 and above can choose to receive their winnings in certified gold bars. This option provides a tangible asset as an alternative to cash.
- 99.99% pure gold from LBMA refineries
- Certificate of authenticity included
- Insured delivery to your location
Gold Payout Available
For prizes over ₵50,000
Important Notes
Claim Deadline
All prizes must be claimed within 90 days of the draw date. Unclaimed prizes after this period are forfeited and contributed to the prize pool.
Account Verification
Ensure your account is verified before winning to avoid delays in prize claims. Complete your KYC verification in your account settings.
Questions About Payouts?
Our finance team is available to help with any payout-related questions.