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Christmas Lottery: Treasury keeps an 'El Gordo" pinch

One week to enter the 2020 Christmas Lottery Draw.

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Christmas Lottery: Treasury keeps an 'El Gordo" pinch

One week to enter the 2020 Christmas Lottery Draw. Seven days to feel fortunate for being awarded a prize, or to claim your health, if you have not been sprayed with a stone. The Treasury retains a portion of the 400,000 euro that corresponds to the tenth. The Treasury will hold 72,000 euros for each tenth in 2020. Or, if the amount is the same, each winner from the Christmas Lottery 2020 first prize will receive EUR328,000 per 10th.

It is important to note that winners who have won less than 40,000 Euros will not be required to declare to the Treasury. Any prize below this amount in the Christmas Lottery 2020 draw will be fully charged. For example, 100 euro per tenth is the usual 'pedrea'. This will be fully charged.

As explained, all prizes, except El Gordo, will be exempted from declaring. Only these three prizes exceed 40,000 euro to the tenth. The second and third prizes of the Christmas Lottery are awarded with 125,000 Euros for the tenth, respectively. The tenth prize is awarded with 50,000 Euros for the third.

The first 40,000 euros of income are exempted from tax and the rest are subject to 20% tax. That is, 20% for the Treasury and 72,000 for the Tax Agency. 328,000 goes to the lucky player who plays a tenth which coincides with Christmas Lottery Gordo.

The lucky winner of the tenth prize with the second will be awarded 108,000 euros. However, 17,000 euros will remain in the Treasury's account. The Treasury will keep 2,000 Euros from the Third Prize and the lucky winner will get 48.00 Euros.

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