Wowzer, I just won 4 euros.
But if I won much more, and paid the 20% tax to the government, is the rest tax free?
I think I know the answer but I wait in hope!!
Cheers, and Happy New Year!
Lottery wins.............
Re: Lottery wins.............
All lottery winnings up to €2.500 are tax free. Any amount over this is taxed at 20% before you receive it.
Whether you would have to pay any more tax I can't say as I only won €20 on el gordo.
Whether you would have to pay any more tax I can't say as I only won €20 on el gordo.
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