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2,900 million euros in tenths for 24 million players and 2,380 million euros in prizes . The figures of the Christmas Lottery kick off a raffle that uncorks the sparkling holiday, touch or not touch. If the forecasts of the National Association of Provincial Associations of Lottery Administrators (Anapal) are met , approximately 140 million tenths will have been dispatched for a raffle that accounts for 31% of the total annual collection in public games, Europa Press reports.

90% of the tenths sold for El Gordo are marketed in the professional sales network that these administrations make up. "The evolution of sales for the Extraordinary Christmas Sweepstakes is having a highly positive behavior, even above the forecasts," added from the organization that integrates the more than 4,000 Spanish administrations, which expects an increase in sales in a 3%

Good news, therefore, for lotteries, but also for players, because changes in taxation result in a lower tax. Thus, almost 60% of the prizes will be tax free this year . "The reform in the law establishes that the State Lottery and Betting prizes equal to or less than 20,000 euros will not be subject to the special tax on the prizes, which in practice implies that the fourth prizes and approximations to all prizes, they will not have taxes ", they specify from Anapal.

Treasury loses 13.6 million

Less good are the Christmas forecasts for the Treasury , which will raise 13.6 million less than last year due to the legislative change, according to the calculations of the Technicians of the Ministry of Finance (Gestha) collected by Europa Press. The Treasury will therefore receive a bonus of 175 million euros for the taxation of the Christmas Lottery prizes.

Consequently, the lucky ones who achieve El Gordo , which distributes 400,000 euros to the tenth, will earn 324,000 euros, while the treasury will keep the remaining 76,000 euros. In this line, the winners of the second prize (125,000 euros per tenth) will deliver 21,000 euros to the Treasury, and the winners of the third prize (50,000 euros per tenth) will be deducted 6,000 euros. The two fourth prizes (20,000 euros each) will no longer have the tax of 2,000 euros last year.

In this regard, Gestha asks the acting Government to approve a royal decree law to include, among the extensions for 2020 of the Property Tax and the limits of the objective estimation of entrepreneurs in modules, the minimum exempt of 20,000 euros of the Lotteries , ONCE and Red Cross prizes, which would avoid doubling up to 40,000 euros and that most of the prizes are exempt.

"Plug holes"

70% of Spaniards allocate the fat of the Christmas Lottery to pay debts and invest in housing , although the option of saving among the winners of El Gordo is growing, reports Efe. The asset manager Abante recommends spending at least six months after winning the lottery to decide the fate of the money, because, remember, 70% of the winners have much less money five years later for not planning well.

According to the comparator iAhorro , citizens continue to rely first on their bank to place the prize funds, especially in deposits, and secondly they cite personal management. 42% of those surveyed by this comparator said that he would dedicate the 400,000 euros corresponding to the first prize to "plug holes" , while 23% would invest in housing and 19% would save it . The first two options remain while those who opt for savings increase by 3% compared to 2018.

  • Fat

    € 4,000,000

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  • 2nd Prize

    € 1,250,000

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  • 3rd Prize

    € 500,000

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  • 4th Prize

    € 200,000

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  • 5th Prize

    € 60,000

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According to the criteria of The Trust Project

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