A fortunate bettor from Pampanga has secured the PHP10-million jackpot in Saturday night's Lotto 6/42 draw, as confirmed by the Philippine Charity Sweepstakes Office (PCSO). The winner, hailing from Angeles City, accurately predicted the winning combination of 11-23-09-05-01-03.
Claiming the Prize and Tax Implications
The lucky individual now has a full year to claim the substantial prize at the PCSO main office located in Mandaluyong City. It is important to note that under the Tax Reform for Acceleration and Inclusion law, lottery winnings exceeding PHP10,000 are subject to a 20-percent tax deduction, which will apply to this jackpot.
Additional Winners and Prize Breakdown
Beyond the jackpot winner, the draw produced numerous other victors. Specifically, 134 bettors each won PHP8,208.95 for matching five of the six winning digits. Furthermore, 3,438 participants secured PHP290.86 each for correctly guessing four numbers, while 35,243 individuals will receive PHP20 each for identifying three correct digits.
Schedule and Charitable Support
The Lotto 6/42 draws are held regularly every Tuesday, Thursday, and Saturday. PCSO General Manager Melquiades Robles emphasized the importance of public participation in these gaming products. He encouraged continued support, highlighting that the revenues generated are crucial for funding health initiatives, medical services, and various national charity programs.
