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Sunday, December 22, 2024

Solo winner from Valenzuela bags P128.3-m lotto jackpot

A lone lotto player who bought the ticket containing the right winning combination of 02-12-22-27-03 and 29 from Valenzuela City bagged the  jackpot prize of P128,397,144.80 in the Grand Lotto 6/55 drawn on Wednesday, September 23, 2020.

Meanwhile, 43 lotto players who guessed 5 correct numbers got P100,000.00 each, while 1,653 players who got 4 correct numbers won P1,500.00 each and 23,419 who got correct 3 numbers also won P60.00 each.

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For selling the winning ticket, the lotto agent gets an additional 1% of the jackpot prize or a maximum P1 million, as agent’s prize commission.

As provided in the TRAIN law, lotto winnings above P10,000.00 shall be subject to 20% final tax, thus the P128.3 million jackpot prize will be less 20% when claimed by the jackpot winner.

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