Lotto ticket bought in Cavite yields new lotto millionaire


The Philippine Charity Sweepstakes Office (PCSO) on Friday, May 17, said the P74.7 million Lotto 6/42 winning ticket was bought at a lotto outlet in Dasmariñas, Cavite.

Photo credit to MB Visual Content Group
Photo credit to MB Visual Content Group

Only one player correctly guessed the winning numbers, 11-23-05-22-24-03, in the lotto draw on May 16.

READ:

https://mb.com.ph/2024/5/16/solo-bettor-bags-p74-7-m-lotto-6-42-jackpot-on-may-16 

Because the jackpot prize exceeded P10,000, PSCO said it would be subject to a 20-percent tax deduction under the Tax Reform for Acceleration and Inclusion or TRAIN Law.

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Photo from PCSO

If the jackpot prize remains unclaimed one year after the draw date, it will be forfeited and will go to the PCSO Charity Fund, as stated under Republic Act 1169 or the PCSO Charter.

The 6/42 draw is held every Tuesday, Thursday, and Saturday.