The tax lottery that “divides” between 1,000 euros and 50,000 euros was carried out by the Independent Public Revenue Authority AADE. This is the 34th public lottery and concerns the electronic transactions carried out in August 2024.
The tax lottery was conducted in its new form, giving out much larger sums.
Tax Lottery: What amounts the lucky ones win
One lucky winner wins 50,000 euros, 5 lucky winners 20,000 euros and 500 taxpayers win 1,000 euros.
According to the joint decision, every month, the tax lottery draws and then pays 556 lucky people as follows:
- 1 who wins 50,000 euros,
- 5 who win 20,000 euros,
- 50 who win 5,000 euros and
- 500 who win from 1,000 euros.
Every month, every euro of spending made with plastic money (cards or other electronic means of payment) gives a ticket to the taxpayer with a maximum monthly spending limit of 10,000 euros.
In the event that the amount consumed using a card or other electronic means of payment within the reference month exceeds 30%, 50% or 70% of the monthly income (1/12 of the annual), the fees are doubled, tripled or quadrupled respectively.
Annual raffle
It should also be noted that taxpayers with an annual, individual, actual net income, taxable and exempt from the last submitted income tax return, less than 1,000 euros, as well as those who are not obliged to submit an income tax return, earn twice as much money for every euro they consume, those who have an income over 60,000 euros per year receive one lottery ticket per euro without increase, while each participant’s lottery tickets are increased by 50% for each protected child, as shown on a case-by-case basis from the parents’ joint or separate income statement.
For the participation in each annual draw, the numbers collected for each citizen, in the monthly draws carried out in the same year, are taken into account.
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