Which prizes are tax-free?
Prizes from the Loterías y Apuestas del Estado draws whose gross amount is 40,000 € or less are exempt from the special levy. A 25,000 € prize per ticket is paid in full, with no withholding.
How much is withheld from a larger prize?
When the prize exceeds 40,000 €, only the part above that amount is taxed, at 20%. Examples per ticket:
| Prize per ticket | Tax-free part | Withholding base | Withholding (20%) | Net amount |
|---|---|---|---|---|
| 40,000 € | 40,000 € | 0 € | 0 € | 40,000 € |
| 60,000 € | 40,000 € | 20,000 € | 4,000 € | 56,000 € |
| 100,000 € | 40,000 € | 60,000 € | 12,000 € | 88,000 € |
What if the ticket is shared?
The 40,000 € limit applies to each ticket, fraction or coupon separately. If several people share a winning ticket, the withholding base is split between them according to their share. If you have several winning bets, each one is calculated on its own.
A change since 2018
Until 2018 the tax-free amount was 2,500 €. Since then it has been 40,000 € per ticket, so most prizes are not taxed.
The El Millón case
El Millón, linked to Euromillones, has a tax-free limit of 24,000 €, because the stake is 0.30 €. The limit applies proportionally to the amount wagered.
Where to check
If your prize exceeds 40,000 €, you can request a tax withholding certificate from Loterías y Apuestas del Estado. This information is for guidance only: for your specific case, check with the Agencia Tributaria or a tax adviser.
For the specific figures of the 2027 El Niño draw, read our guide (in Spanish) Hacienda y la Lotería del Niño 2027.
