Update on PCSO Lotto Jackpot Prizes for Major Lotto Games
PCSO LOTTO JACKPOT PRIZES – Here is a list of the cash prizes for the major lotto games of the Philippine Charity Sweepstakes Office (PCSO) as of February 23, 2022.
Lotto winnings have greatly changed the lives of many people thus a lot of Filipinos join the daily lotto draws. In the Philippines, the legal lotto games are under the Philippine Charity Sweepstakes Office. It is more commonly called PCSO.
PCSO has both major and minor lotto games. Its major lotto games are the 6/59 Ultra Lotto, 6/55 Grand Lotto, 6/49 Super Lotto, 6/45 Megalotto, and Lotto 6/42. They have scheduled draws.
The minor lotto games of the PCSO have daily draws. They can only be played by betting in specific areas. Among these games are the Suertres and the EZ2 lotto games.
With regards to the PCSO lotto jackpot prizes, the cash prizes of the major lotto games are multi-millions. They usually don’t fall below Php 8,000,000.00. It keeps on rising until a bettor wins.
As of February 23, 2022, here is a list of the PCSO lotto jackpot prizes for the major lotto games:
- 6/58 Ultra Lotto – Php 49,500,000.00
- 6/55 Grand Lotto – Php 53,617,177.60
- 6/49 Super Lotto – Php 22,608,529.60
- 6/45 Mega Lotto – Php 8,910,000.00
- Lotto 6/42 – Php 24,425,273.40
The lotto jackpot prizes are subject to a 20% tax deduction pursuant to the Tax Reform for Acceleration and Inclusion (TRAIN) Law. The prize must be claimed within a year from the winning date to avoid getting forfeited.
A lot of people’s lives were changed after they won the lotto games. To help the winners in handling their multi-million winnings, the PCSO is giving tips to the winners on how to manage their money. The identity of the winners are also not revealed for their safety and protection.
