Gambling tax is paid on a prize won. With some lotteries this is levied in advance. The income tax is different for each country/state. For exact information we advise you to consult the website of the official lottery organisation. Also check the tax rules in the country where you live, in addition to the information we provide to you, local taxes that may apply. The level of payment differs per country. Euro Lottery Services does not charge or withhold any taxes on your behalf.
A government tax rate of 1.03 % , 3.1 % and 12% is applicable to price amounts respectively € 100, € 300 and € 500 and above.
A government tax rate of 20% is applicable to price amounts above € 2.500.
The official lottery organisation paid a Monopoly tax rate of 11% on the number of tickets sold.
Any prize up to $599 is tax free and fully credited to your personal account My ELS.
For any prize of more than $600 to $5000, the Lottery withholds 29% of your winnings (Federal Tax 25% and State Tax 4%).
$5001 and above, no credit to your personal account My ELS. $5001 and above automatically means a pay-out of $10.000 ore more. We will let you know by email that you have won. Those tickets must be claimed in person so we will hold those tickets for pickup in our local office in the US.
All winning Lottery tickets are subject to Income Tax. The Lottery withholds 29% of your winnings (Federal tax 25% and state tax 4%) and if you don't have a U.S. Social Security Number the Lottery withholds 34% of your winnings (Federal Tax 30% and State Tax 4%).
The official lottery organisation paid a total of 16,67% tax + a Konzessionsbeitrag of 24%.