The town of Reconquista in northern Santa Fe province became the epicenter of one of the most shocking economic news stories of the year after a local resident learned about it the largest pot in the history of Quini 6. The lucky winner took home an amount far beyond the predecessors of this popular gambling game in the country will lose billions of pesos due to the tax burden ARK. The gross price, an astronomical amount, is subject to a significant tax deductionforcing the winner to hand over a significant portion of their assets to the state before they can access the net amount.
The expectations raised by the draw according to the rematch mode were record-breaking, driven by an accumulated purse that exceeded all forecasts. Ultimately, the luck ended with a single ticket sold at an official agency in Santa Fe, changing the life of a person and his future generations, and also securing millions of dollars in tax revenue for the Federal Administration of Public Revenues (AFIP). This event highlights not only the magnitude of the award, but also the strict retention system that applies the regulations in force in the country to gambling winningsa key mechanism in the government revenue structure.
The question that immediately arises among the population, and especially among those who dream of this windfall, is: How much money really remains in the winner’s pocket after the introduction of compulsory discounts by the state? The final numbers are already on the table, confirming that the winner will receive an impressive number, but will have to say goodbye to a close number 2.5 billion pesos, an amount managed by the Contest and Betting Collection Agency (ARCA)..
ARCA retains an asset from the winner of Quini 6.
How much money does AFIP keep for the Quini 6 record price?
The total prize for the Quini 6 Rematch mode was a shocking sum of $8,881,000,000 (eight thousand eight hundred eighty-one million pesos). Although the number is monumental, Argentine law is clear and strict regarding the taxation of this type of income. The withholding tax is not a simple percentage applied directly to the total, but is determined through a special calculation based on Law 20,630, which regulates the tax on winnings from certain tombola games and sports competitions.
The legal mechanism provides that the retention is calculated based on 31% to 90% of the total value of the prize. This means that a tax base is first defined to which the tax rate is applied. In this case, 90% of the $8,881 million results in a tax base of $7,992,900,000. Applying 31% on this basis, the amount retained by ARCA (acting under the AFIP) is $2,477,799,000.
This retention, when calculated as an effective percentage of the total gross price about 27.9% of earned assets. That is, almost A third of the prize money goes directly to the state treasury. In this way, the lucky winner of Reconquista will receive a net amount of 6,403,201,000 US dollars (six thousand four hundred three million two hundred one thousand pesos), a figure that, even with the discount provided, makes him the richest gambling winner in the history of the country.
Quini 6: The details of the bet and the determination of ARCA taxes
The winning bet was placed manually by selection Numbers 06, 14, 18, 23, 35 and 39. The fact that the ticket was validated at a Reconquista agency attracted unusual media and local attention in the small town of Santa Fe. Authorities and the media were closely following the impact this capital injection could have on the regional economy, particularly in areas such as trade and the real estate market.
It is important to highlight that the gigantic amount withheld as profit tax has a specific purpose beyond the normal state treasury. According to the regulations, the sum of almost 2.5 billion US dollars will be transferred to certain organizations and funds with a significant social purpose. The money is distributed into various social welfare, health and education programsin line with the philosophy that a portion of gambling revenue must result in a direct benefit to society.
The Santa Fe Lottery, the company that manages Quini 6, confirmed that the storage procedure follows the standard parameters of previous drawings, ensuring the transparency and legality of the game’s operation. The company also reminded people of this The official deadline for the winner to claim the prize is ninety days; After this period, the uncollected money will be returned to the game’s general funds, although given the historical level of the amount, it is expected that the collection will occur in the short term.
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