BASQUE COUNTRY AND NAVARRE: Do you already have your tenth?

How much does the Tax Agency take?

  Prizes from the State Lotteries and Betting are taxed in the Income Tax at a fixed rate of 20%.

And how is it collected?

At the time of collection, a withholding tax of that 20% is applied, a withholding tax that must be applied by the prize-paying organization.

Is there any exempt amount from the prize?

Yes, the first 40, 000 euros. Therefore, taxes are paid on the amount that exceeds that figure.

What happens if the prize is shared (group of friends or relatives, groups, brotherhoods...)?

The exemption applies independently for each winning lottery tenth. Therefore, the 40, 000 euros exempt must be distributed among all those who share the tenth in proportion to their percentage of participation.

For example, if you and a friend share half of a Christmas Lottery tenth that wins a prize of 50, 000 euros, each one is entitled to 25, 000 euros, of which 20, 000 euros are exempt. In this case, your individual tax is 1, 000 euros: (25, 000 - 20, 000) x 20%. And the net amount that each will receive is 24, 000 euros.

Our tax department is at your disposal for any clarification or doubt that may arise.