SuperEnalotto Taxes

The Superenalotto game has become very popular not only in Italy but also across the globe with many foreigners participating in the lottery. Visitors from Australia, UK, and Germany among other nations wishing to win the enticing lump sum purchase coupons to join in this famous Italian game. They are allowed to participate in the game if their country of origin through law permits them to buy lottery tickets online, and they are willing to abide by the set Italian laws on Superenalotto taxes.

Lottery Tax Rates in Italy

Different trustworthy representatives are located in Italy such as Thelotter.com and Lottoland.com who purchase Superenalotto coupons on behalf of their clients. In the case of winnings, the agents are tasked with the duty of collecting and disbursing the amount to the client at a reasonable price.

Do you know what to do after winning SuperEnalotto jackpot? In case you don’t know, here’s what you can do. Do you know that lottery prizes in Italy are subject to taxation. You are therefore required to pay the tax that corresponds your winnings.

The following tax bands levels are usually applicable in Italy:

1. No tax is required for €100 winnings.
2. A flat tax of €1.03 is required for winnings between €100.01 and €300.
3. A flat tax of €3.10 is required for winnings between the range of €300.01 and €500.
4. €3.10 flat tax and a tax rate of 12% is required for winnings between the range of €500.01 and €1,000.
5. €6.20 flat tax and a tax rate of 12% is required for winnings that go beyond €1,000.01.

It is advised that you come to terms with the tax laws that are obtained in your country.