We will deduct or you have to Give TDS (Tax Deducted at Source) under section 194B according to your cash prize value or in-kind (TV, Fridge, etc.) prize price (rate) [This TDS is not being taken by us but by the government]
According to TDS (Tax Deducted at Source) under Section 194B :- If you win from lottery, crossword puzzles, card games, online games, gambling, giveaways etc. And if your winning is in cash and is more than Rs. 10,000 then according to TDS under section 194B will deduct 30% (surcharge + cess) of your cash prize and you will get the remaining amount.
OR
If your winning is an in-kind prize (TV, fridge, etc.) whose value is more than Rs. 10,000 then according to TDS under section 194B you will have to pay 30% tax (surcharge + cess) as per the price (rate) of your in-kind prize (TV, fridge, etc.) before collecting your prize.