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The Philippine Charity Sweepstakes Office (PCSO, Filipino: Tanggapan sa Charity Sweepstakes ng Pilipinas [2]) is a government-owned and controlled corporation of the Philippines under direct supervision of the Office of the President of the Philippines. It is mandated to do fund raising and provide funds for health programs, medical assistance ...
The program was launched on March 8, 1995, under the title Philippine Lotto Draw, with original hosts Tina Revilla, Kathy De Leon-Villar and various other hosts (including Timmy Cruz) until December 31, 2004. In 2013, the program changed its name to Philippine Lottery Draw. Since 2016, the show has been known as the PCSO Lottery Draw.
English: The January 2024 viral photo of a 47-year-old PCSO Lotto jackpot winner (left) from San Jose Del Monte, Bulacan, Philippines, receiving her prize check from a PCSO official. The photo has prompted a Senate investigation on the legitimacy of the winner after netizens found that certain features of the winner had been "poorly edited".
Lotto New Zealand was formed in 1987 and replaced New Zealand's original national lotteries, the Art Union and Golden Kiwi. Lotto has four games: the Lotto (including Powerball and Strike), Keno, Bullseye, and Instant Kiwi scratch card games. Lottery winnings are not taxed in New Zealand.
Finally, there are three additional taxes that do not fall under the aforementioned categories. These are the tax on lottery winnings and PCSO prizes, documentary stamp tax, and mining tax. With the implementation of the TRAIN Law, all PCSO lotto prizes are taxed at 20% if the prize exceeds ₱10,000.
A lottery (or lotto) is a form of gambling that involves the drawing of numbers at random for a prize. Some governments outlaw lotteries, while others endorse it to the extent of organizing a national or state lottery.
Manuel Morato was born on November 17, 1933, the eldest son of Tomás Morató, who became the first Mayor of Quezon City, and Consuelo Eclavea Lim. [2] He would later have 11 other siblings, [1] including a brother, Francisco, who is a doctor and lawyer, and a sister, Elvira, [2] the mother of actor Jake Cuenca.
Prizes and winnings from Philippine Charity Sweepstakes Office (PCSO) Lotto in excess of P10,000 (upon which individual prizes and winnings P10,000 or below are taxed on the basis of the income tax schedule for individuals) are taxed at the rate of 20%. [3]