The 20% taxation applies to prizes exceeding 40,000 euros, the tax-exempt minimum established since 2020. Thus, lucky winners of the top prize, El Gordo (400,000 euros per ticket), will receive 328,000 euros, while the Treasury retains the remaining 72,000 euros.
Regarding the second prize (125,000 euros per ticket), winners will hand over 17,000 euros to the Treasury. Those awarded the third prize (50,000 euros per ticket) will have 2,000 euros deducted. The increase in total revenue compared to last year is due to the addition of five series, raising the total prize money to be distributed to 2.772 million euros.
Gestha advises caution when purchasing 'Lottery tax refund' insurance, reminding that the compensation received must be included as an increase in assets in the IRPF income tax declaration.
Gestha technicians have reiterated their request to the Government to restore the tax-exempt minimum for lottery prizes to the first 2,500 euros. They argue this would discourage gambling and see no justification for a 40,000 euro gain not being taxed, while unemployment benefits or a 1,000 euro subsidy are.
