Spanish Christmas lottery: every prize after tax

El Gordo pays €400,000 on a €20 décimo. Hacienda withholds 20% of the part above €40,000, €72,000, so the winner receives €328,000. Only the three biggest prizes are taxed at all.

Per EUR 20 décimo; 20% of the part above EUR 40,000 is withheld when the prize is paid
PrizeNumbers drawnPrize per décimoTax withheldPaid to the winner
El Gordo (first prize)1€400,000€72,000€328,000
Second prize1€125,000€17,000€108,000
Third prize1€50,000€2,000€48,000
Fourth prize2€20,000€0€20,000
Fifth prize8€6,000€0€6,000
La Pedrea1,794€100€0€100

Shared tickets

For a share of a décimo, the €40,000 tax-free amount is shared in the same proportion. A €5 share of a décimo that wins El Gordo receives €100,000 before tax; its part of the tax-free amount is €10,000, so the tax is €18,000 and €82,000 is paid. Group tickets bought through a club, a company or a bar work the same way for each share.

How the tax is paid

The special tax is withheld when the prize is paid, and the prize does not go on the income tax return. A ticket that cost less than €0.50 gets a proportionally smaller tax-free amount. The same rule applies to the other draws of Loterías y Apuestas del Estado and ONCE, such as El Niño in January.

Questions

How much does Hacienda take from El Gordo?

€72,000 on a €20 décimo: 20% of the €360,000 above the tax-free €40,000. The winner receives €328,000.

Is the second prize taxed?

Yes: €17,000 on a décimo, leaving €108,000. The third prize pays €2,000 of tax; the fourth and fifth prizes and La Pedrea are below €40,000 and are paid in full.

Do I declare the prize on my tax return?

No. The 20% withheld at payment is the whole tax on the prize; it is not included in the income tax return.

Prize amounts per décimo as drawn since 2011; tax rule from the Agencia Tributaria. Spain's lottery tax · other countries. Estimates, not tax advice.

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