Overview

• Mangal Saroj, a plywood factory worker from Uttar Pradesh, won ₹4 crore on Dream11 with a ₹39 entry during the IPL match between Punjab Kings and Chennai Super Kings on April 29.
• After mandatory tax deductions, including a 30% TDS, his net payout is expected to be between ₹2.44 crore and ₹2.8 crore.
• Mangal, a fifth-grade dropout from a farming family, plans to use his winnings to start a business and improve his family's financial situation.
• His story has gone viral on social media, with a video detailing his win receiving nearly a million views and sparking discussions about fantasy gaming risks and rewards.
• Fantasy sports platforms like Dream11 are gaining popularity in India, but the case highlights the significant tax implications and socioeconomic contrasts tied to such windfalls.