A Bacolod City resident has struck it rich by winning the Lotto 6/42 jackpot worth ₱35.4 million. The Philippine Charity Sweepstakes Office (PCSO) confirmed the win, which occurred during the Saturday night draw.
The winning numbers were 22-34-42-19-03-25. The winner has one year from the draw date to claim the prize at the PCSO headquarters in Mandaluyong City.
Tax Implications for Winnings
According to the Tax Reform for Acceleration and Inclusion law, lotto winnings exceeding ₱10,000 are subject to a 20% tax.
Other Prize Winners
In addition to the jackpot winner, 40 players matched five out of six numbers, each winning ₱27,500. Another 2,413 players won ₱414.42 for four correct digits, while 27,974 will receive ₱20 for matching three numbers.
Upcoming Lotto Draws
The Lotto 6/42 draws occur every Tuesday, Thursday, and Saturday. The initial jackpot for the Lotto 6/42 is set at ₱10 million.
PCSO General Manager Melquiades Robles encouraged the public to participate in the agency's gaming activities, which fund various health and charity initiatives.
We hope more people will support our games to help fund health services and charities.
Melquiades Robles, PCSO General Manager