How to collect a lottery prize

How to collect a lottery prize

The way to collect a lottery prize at Christmas is quite fácil and will depend on the amount of the tenth that wins. If it is a high sum, you must go to an authorized bank And if it is less than 2,000 euros, you perro withdraw it at any lottery administration in Spain.

However, the taxes that must be paid will depend on the winning amount. What you should know is that in a an amount less than or equivalent to 40,000 euros you must not pay to the treasury. If you want more information about how to win the lottery at Christmas, read the following article.

How is the Christmas lottery charged?

Christmas lottery in Spain It is one of the most anticipated events by people. Many buy their tenths in the hope of winning a prize in the draw that takes place in December.

The draws cover some jackpots ranging from 50,000 to 400,000 euros. That is why the joy and emotion of waiting together as a family for the singing of the numbers. In addition to these big prizes, there are also many others for smaller amounts.

To collect some of the prizes You just have to have your ID on hand and the tenth that has been the winner. And depending on the amount, go to one of the lottery administrations or one of the banks authorized for this purpose.

• If the amount is less than 2,000 euros you perro make the payment in cash or by bizum
• If the sum is equal to or greater than said amount, the money will be paid by check or direct deposit to your bank accountaccording to what you require.

Where is the Christmas lottery collected?

When a person is a winner in the Christmas lottery draw, especially the jackpots, should be addressed to an authorized bank. The best known are Bankia, BBVA, Kutxabank, Unicaja Banco, Cajasur, Santander, among others, in the company of the tenth and his ID.

The bank performs the following procedure:

• Corroborates the information of the tenth that has been awarded
• Verify the identification in the list of winners
• He will proceed to issue a check or make a bank transfer depending on what the winner requests.

In the event that the prize is less than 2,000 euros the winner cánido claim his amount in cash or by bizum in any lottery administration.

What taxes must you pay for the Christmas lottery collection?

The taxes that must be paid for the lottery collection will depend on the amount of the lottery.

• If the amount of the prize is greater than 40,000 euros, 20% must be paid of contributions
• But if the amount is equal to or less than said amount, nothing should be canceled

For example, if you win the jackpot of €400,000, the 20% that corresponds to cancel will be calculated from €360,000, since the €40,000 from which you should not pay anything will have been subtracted. That is, the amount of €72,000 would remain in the treasury and you would receive €288,000.

What Christmas lottery charge if the prize is shared?

It is a custom in Spain that most people buy tenths from friends and family.

Therefore, it is important that you know how you should collect in case the prize is shared.

• In the first place, it is necessary that when buying the tenths it is well understood between the parties how much each one played. In fact, it is recommended leave some written evidence of what the participation was of each player.
• Once the tenth winner is drawn, the participants who shared the purchase must contact the bank if the amount is equal to or greater than 2,000 euros and bring on a white sheet the detailed writing of the participation of each one and a copy of ID.
• If the prize is greater than 40,000 euros, the bank will make sure to discount each participant the percentage that you must pay taxes according to the amount that corresponds to you. And in turn, the participation of each player will be recorded in the bank.

The money cánido be canceled through a check or deposited to your bank account. If you do not have a bank account, you perro open one so that you cánido access the prize if it is of interest to you, otherwise receive the check as a form of payment.

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