Special tax on prizes from certain lotteries and bets: exempt amounts
Regulations: Additional Provision Thirty-Third Law IRPF
Prizes
They are not included in the tax base of IRPF , but the following prizes are subject to said tax through a special levy:
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Prizes obtained from lotteries and bets organised by the State Lottery and Betting Company and by the bodies or entities of the Autonomous Communities.
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Prizes obtained from raffles organized by the Spanish Red Cross.
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Prizes obtained from the game modalities authorized by the Spanish National Organization for the Blind (ONCE).
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Awards organised by public bodies or entities that carry out non-profit social or assistance activities established in other Member States of the European Union or the European Economic Area and that pursue objectives identical to those of the aforementioned bodies or entities.
The rest of the prizes (other than those just listed) are considered capital gains and are part of the general tax base of IRPF .
Exempt amounts
In the 2023 financial year, prizes whose total amount is equal to or less than 40,000 euros will be exempt from the special tax.
Prizes with a total value of greater than 40,000 euros , will be subject to special tax on the portion thereof that exceeds said amount.
This exemption will apply provided that the amount of the tenth, fraction, lottery coupon or bet placed is at least 0.50 euros. If is less than 0.50 euros , the maximum exempt amount will be reduced proportionally.
In the event that the prize is jointly owned, the exempt amount will be prorated among the joint owners based on their corresponding share.