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PCSO Lottery Draw (formerly Philippine Lotto Draw and Philippine Lottery Draw) is a Philippine television game show broadcast by PTV/NBN.The show aired daily (except on National Election Day, and during the Maundy Thursday to Easter Sunday holiday period) on PTV/NBN from March 8, 1995 to July 27, 2019 and again from July 31, 2019 to present.
Similar to lotteries in the United States, Europe and Australia, the automated gaming, initially the Lotto 6/42 and later expanded to Mega Lotto 6/45, 6-Digit Lotto and 4-Digit Lotto in 1997, Super Lotto 6/49 in 2000, Swertres 3D Lotto in 2002, EZ2 Lotto in 2004, Grand Lotto 6/55 in 2010 and Ultra Lotto 6/58 in 2015, the player chooses any set ...
Australia's largest prize winner ₩$40.7b 6/45 Lotto South Korea: 1 April 2003 Won by a police officer in Chuncheon; [89] South Korea's largest prize ₱1.18b Ultra Lotto 6/58 Philippines: 2 14 October 2018 The Philippines' largest prize as of 2020 (US$21.9m) [90] ₱741m Grand Lotto 6/55 Philippines: 1 29 November 2010 (US$14.5m) [91] [92] [93]
A lottery is a form of gambling which involves selling numbered tickets and giving prizes to the holders of numbers drawn at random. Lotteries are outlawed by some governments, while others endorse it to the extent of organizing their own national (state) lottery.
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A woman place her bet on the Ultra Lotto 6/58. Sweepstake games are contests where the winner can take all the prize. [21] Lotteries in the Philippines are held by the Philippine Charity Sweepstakes Office (PCSO). How it works is that there are 6 numbers randomly drawn within a certain range of numbers, depending on the type of lottery.
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.
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