Check National Lottery Draw Results for 20 April 2024 – National Lottery

Check here for the National Lottery draw results for Saturday 20 April 2024.

Up for grabs National Lottery from April 20, 2024, the prize corresponded to the number 91210.

National Lottery – Curiosity

The National Lottery has become one of the most popular draws, becoming a tradition for many Spaniards. Every year they play with the hope of winning. They even have many whims that they would like to spend money on if they ever win a prize.

Origins of the National Lottery

We all remember the prank as it is now, but it is a tradition that began many years ago. The origins of the National Lottery can be traced back to 10 December 1763, the date when the first draw was held on behalf of Charles III, who brought the game from Naples (Italy) in the 18th century.

However, the prank as we know it today originated in 1811 in Cadiz. It was the idea of ​​Ciriaco Gonzalez Carvajal, who conceived the idea of ​​holding a nationwide lottery to raise money for the state treasury. This decision came to his mind when he learned that the state treasury was short of funds due to the Revolutionary War.

The drawing of lots was initially carried out in Cadiz and San Fernando, but its success led to it being extended to the rest of the country as Napoleon’s army withdrew from Spain.

As Carvajal stated, he conceived the National Lottery as “a means of increasing revenue to the public treasury without losing taxpayers.” Over time, his goal was achieved. Since the first drawing, held on March 4, 1812 in Cadiz, the number of participants has only increased.

Collection

The records of the Spanish National Lottery began after the Civil War, and since then the fees for the state have not stopped growing. This is because more and more people are participating in the above giveaway. In 1940, they began to collect 330 pesetas (1.98 euros), in 1945 – 912 pesetas (5.48 euros), and in 1950 – 1807 pesetas (10.86 euros). This was a start, although current numbers are much higher.

In 1955, 2,845 pesetas (17.10 euros) were collected, in 1960 – 5,359 pesetas (32.21 euros), in 1965 – 11,688 pesetas (70.25 euros), in 1970 – 25,089 pesetas (150 .80 euros), in 1975 – 66,262 pesetas (398.29 euros), in 1980 – 197,586 pesetas (1,187.64 euros), in 1985 – 321,752 pesetas (1,933.98 euros), in 1989 – 389,769 pesetas (2,342.82 euros) until reaching 2015 to accumulate 8,780,001 euros.

Today, the National Lottery manages to collect around €10,000 annually. This is because only 30% of the collected amount is kept and the remaining 70% is distributed among the prizes. The drawing has been expanded so that unusual drawings such as the “Christmas Lottery” and “El Niño” are held weekly, on Thursdays and Saturdays, as well as annually.

Curiosities

– The National Lottery depends on state lotteries and sweepstakes (GLAE), which, in turn, depend on the Ministry of Economy and Finance.

– The draw was not always known as such, since its name changed several times. The game was initially called the “Royal Lottery”, later it was renamed the “Modern Lottery”, and after the death of Ferdinand VIII it was renamed to its current name.

– Counterfeiting a National Lottery ticket is covered by the Criminal Code. This is due to the fact that banknotes are considered government securities and only the person who presented them is recognized as the owner.

How is the prize collected?

Players who receive a reward can receive money in different ways. The method depends on the amount won and the method of acquiring the share. If the winning tenth was purchased through a commercial network of state lotteries and betting, the winners will be able to claim the prize at any point of sale starting the day after the draw, provided that the amount exceeds 2,000 euros. On the other hand, if the winning amount exceeds the above-mentioned figure, the payment will have to be made through banking institutions authorized by state lotteries and bets..

In this case, the banks that cooperate with the organization are Abanca Corporación Bancaria, Banco de Sabadell, BBVA, Caixa Bank Bankia, Cajamar, Caja Sur BBK, Ibercaja Banco, Kutxabank or Unicaja Banco.

On the other hand, those who purchased a ten through the Gosloto and Tote application or its official website receive money directly into their Lottoball, linked to the virtual account through which they made the purchase. This is the case if the prize is less than 2000 euros.

If the prize is less than 2000 euros

As explained on the official lotteries website, if your Lotobolsa exceeds the maximum allowed balance (set at 400 euros for all participants) or if the amount exceeds the maximum that you specified in your options, and provided that you documented the details you provided when registering, By entering your DNI/NIE, the system will attempt to automatically transfer the prize to the bank account you specified in the “Lotobolsa Options” section. In addition, it is important to remember that “payment of prizes can only be made into the account of a bank authorized to do business in Spain.”

If you don’t have one, “the prize will be loaded into your Lotobolsa, from where you can load it into a bank account you own,” so it’s advisable to always have a valid and up-to-date bank account. However, once the information is requested, “you will not be charged any fee for downloading your prize amount from your lottoball.”

If the prize exceeds 2000 euros

If the prize value exceeds €2,000, the lucky winners will have to claim their prize online. In the event of a special National Holiday Lottery draw, winners are legally required to pay tax of 20% of the €40,000. “After applying deductions, the player who received this multi-million dollar prize receives 16,008,000 euros, leaving the Tax Agency with 3,992,000 million,” they said.

The first prize, awarded at 200,000 euros for the tenth place, remains at 168,000 euros for the winners. Likewise, a second prize of €60,000 is reduced to €56,000. In contrast, prizes worth less than €40,000 are “exempt from tax and awarded in full.”

Likewise, in order to receive a prize, it is important to have current documentation and provide appropriate documentation during the ID verification process so that it can “verify the accuracy of the data collected in your user profile.” You must also “indicate the bank account you own to which you wish to receive your prize within three months of the last draw in which your bet was entered.”

It is also important to keep in mind that the deposit can only be made to a bank account authorized to operate in Spain. The system will automatically report the net amount subject to the 20% tax required by the Ministry of Finance for this type of prize. Finally, the time it takes for the money to arrive in your bank account varies depending on the banking system since the transfer is completed the same night. However, this usually takes no more than three business days.

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