There’s nothing left for the beginning Extraordinary draw for the Christmas lotterybut all eyes are already on the succulent prizes she is giving away. Even if the amounts of money received are very large, they tend to decrease over time. … percentage that the Treasury takes from some of these rewards.
Until 2012, the winners of the raffles State lotteries and betting were exempt from paying taxes, even if Tax authorities A percentage was collected via wealth tax and personal income tax. However, this taxation of lotteries changed in Spain from 2018, after the approval of the general budgets of the same year.
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The Gordo de Navidad: 328,000 euros
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Second prize: 108,000 euros
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Third prize: 48,000 euros
But which prizes should be taxed and how do Christmas lottery prizes remain after the Treasury tax is removed?
Which Christmas lottery prizes are needed to pay taxes?
When we talk about Christmas Lottery prizes, we must keep in mind that in many cases the amount we are talking about does not reach us in full. The tax administration keeps part of this money, since all prices above 40,000 euros are imposed with a 20% tax.
According to this, only the largest prizes will be forced to pay taxes, such as “El Gordo” (400,000 euros gross). But that’s not all, getting close and staying at a certain number can also be rewarded.
With the second prize (125,000 euros gross) The same thing also happens and the approaches are rewarded.
In third prize (50,000 euros gross) The withholding tax is lower since the 20% tax only applies to the excess 10,000 euros. This way, if you earn less than 40,000 euros, your gain will be considered lower, so the Treasury will not charge you anything. This is also the case for approximations.
But how much money does the Treasury keep from each of these prices? Here is the money you will receive for each of them:
What steps do you need to take with the Treasury to recover your tenth?
Many people are also wondering what steps we must take with the Treasury to recover our tenth. However, to declare it, no formality is necessary, since The Treasury will automatically keep its share when the tenth prize is collected.
For the Treasury to charge you this share, you must be one of the winners of “El Gordo”, the second or third prize in the drawing.
If you want to know if you are one of the winners, you can do so through the ABC.es Christmas Lottery number checker.
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