Any prize over 2,000€ must be cashed in the spanish banking entities authorized by the spanish National State Lottery and Betting (SELAE - Loterías y Apuestas); In millionaire Prizes there is usually a lot of media and citizen attention, it will be better to address yourself directly with an executive of the financial entity to guide you discreetly along the way.
Remember that in prizes that exceed 40,000€, by regulation, the Tax Agency will claim 20% of it before collecting the amount won. When the money is credited into your account, you will already have the taxes discounted. If your Lottery Ticket (tenth) hits a big Prize, you have three months from the draw to request the payment, otherwise it will expire.
Congratulations!! You can collect any Prize greater than 2,000€ from any financial institution authorized by the spanish National Lottery and Betting known as SELAE (Loterías y Apuestas del Estado). Proof of the Lottery Ticket (tenth) and your identification document will be required in order to collect the Prize, and in the event that it is shared, a representative must collect it or all the holders of the ticket will have to go. Rejoice twice! Because of your prize from The Golden Witch, we will also help you assessing the officialdom through the banking entity of your choice.
In the event that the prize is less than 2,000€, with a physical Lottery Ticket (tenth), you can actually collect it at any of the points of sale from the day following the completion of the Draw in which your Lottery Ticket (tenth) took place. In the case of wanting to request it through The Golden Witch online platform, log in to your account and on "Account Management", click on "Collect Prizes" and follow the steps in order to send your request. Remember that the minimum amount to be transfered is 20€. For digital ticket prizes of less than 2,000€, they will be credited to your virtual portfolio at La Bruja de Oro (The Golden Witch).
Any Loterías y Apuestas del Estado (National State Lottery) Prize has an expiration of 3 months.
One of the most frequent questions when you happen to be winning a millionaire Prize, so, now what shall I do with such a big amount of money? We have been giving advice to our clients for more than 30 years. Do not make the most common mistakes upon getting a Prize. Before going on to give you some recommendations on how to get the most out of your Prize, from The Golden Witch we want to CONGRATULATE you!
Many times, people make basic mistakes like not collecting the Prize before the three month period, although it seems obvious, some people relax thinking that their Prize does not expire, letting time to go by.
The best of Luck to everyone!
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