Two Portuguese gamblers were awarded the second Euromillions prize in Friday’s draw, each worth 2,737,810.69 euros. At stake was the largest jackpot ever placed the draw in this contest: 250 million euros. But with the EuroMillions award, there is also the responsibility of delivering tax to the state.
As explained on the Santa Casa Games website, a 20% rate is applied to the amount assigned, under the legal terms.
According to national legislation, all EuroMillions prizes of over 5,000 euros are subject to seal tax by the State.
More than half a million for public coffers
Given the value of each of the EuroMillions awards awarded in the national territory, the state will raise about 547 thousand euros in seal tax, resulting from the retention of 20% over the two combined prizes.
According to the same source, the awards attributed to bets registered in Portugal are paid exclusively in the national territory, and the beads issued by the game terminal are the only valid documents to claim the award.
What happens after winning
In the case of awards greater than 5,000 euros, as with these two, the payment is made by bank transfer, and the holder of the bet personally identifies at the facilities of the Santa Casa da Misericórdia Games Department of Lisbon.
The site explains that the awards up to 150 euros can be raised directly from the mediators.
Awards between 150 and 2,000 euros are paid by bank transfer, also in the mediators or at the Game Department facilities.
In prizes between 2,000 and 5,000 euros, in addition to bank transfer, face -to -face identification is required.
For prizes above 5,000 euros, the transfer is only made twelve days after the winner’s validation and face -to -face identification.
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The largest prize ever assigned
The current record of prize awarded in Euromillions belongs to a gambler in Austria, who in March this year raised 243 million euros.
In Portugal, the highest amount attributed was 213 million euros, in the draw of June 25, 2023. According to the Santa Casa Games, the right to the expiration expires 90 days after the draw date.
During this period, the winner must complete the form available in the ‘Receive my awards’ area from the official website and go in person to the Game Department.
Tight rules against bleaching
The clarifies that the personal data of the winners are collected in compliance with legal obligations to combat capital laundering. Information is dealt with in accordance with personal data protection legislation.
This data collection is mandatory in the high value prizes, as a way to ensure the legality of the payment process and identify the legitimate holders of the award -winning newsletters.
About EuroMillions
Euromillions is a European luck game released in 2004 and available in several participating countries, including Portugal. The sweepstakes are held twice a week, Tuesdays and Fridays, and players choose five numbers and two lucky stars.
Awards vary depending on the number of hits and the number of bets recorded, and jackpots can reach extremely high values, often exceeding 100 million euros.
In Portugal, prizes of more than 5,000 euros are subject to a seal tax rate of 20%, according to the legislation in force. The game is managed, at national level, by the Santa Casa Games.
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