Treasury, is the only one to win a Christmas award each year

The extraordinary drawing of the Christmas lottery always generates great expectations. Every year on December 22nd, thousands of people sit in front of the TV waiting for the children of San Ildefonso to sing one of their numbers. According to the accounts of the state community Lottery and state gambling (Selae) Every Spaniard spent an average of €66.60 in the Christmas lottery in 2021.

Most of these players will not win a prize in the Christmas lottery draw. Moreover, the probability of winning the jackpot is only one in 100,000, i.e. 0.001%. There is one person who always takes accolades though: the treasury.

Since 2018 it has been proven that all Christmas lottery prizes over €40,000 have been taxed at 20%. Therefore, the top three prizes in the draw par excellence for our country always go to tax agency (Let’s remember their motto is “The best prize is to share it”).

Thus, if in 2022 the person who got 400,000 euros from the lucky tenth with Gordo has to pay the treasury 360,000 euros, which is the amount obtained by subtracting 40,000 from 400,000.

According to the calculations of technicians at the Ministry of Finance (Gestha), the Ministry of Finance could win up to 163.8 million euros in the Christmas lottery if the first three prizes are distributed. It represents 7.28 million more than last year, an increase due to an increase in the number of 8 groups, according to technicians.

In this way, the number of prizes increases by 1,224,320, to reach 27,547,200 prizes, and the amount of prizes increases by 112 million euros. Up to 2520 million, so the “aguinaldo” of the public treasury also increases. All this despite the fact that the tax-free minimum has been maintained since it was increased on January 1, 2020 to 40 thousand euros, as they explain from the Gestha.

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