The lottery is an opportunity to change your life in one lucky evening. It attracts millions of people, promising not only an exciting pastime, but also a chance to become the owner of generous monetary rewards. From small amounts that bring joy in everyday life to incredible jackpots that sometimes reach more than 10 million hryvnias - the lottery gives dreams and hope for a better future. Each ticket can be the winning one that changes everything. But what to do if luck has smiled on you? What is the right way to claim your winnings and what are the tax consequences for the winners? Let's consider how you can easily receive your reward and avoid unpleasant surprises.
Receiving lottery winnings
The first step to winning the lottery is to check the lottery ticket. This can be done through the official website of the lottery or at one of the licensed ticket sales points. Make sure your ticket is undamaged and has all the necessary security features.
The lucky winner of a lottery ticket who won an amount of up to 4,999 hryvnias can transfer money to their personal account free of charge on the website of the Ukrainian National Lottery or through iOS and Android mobile applications. This means that you can receive your funds quickly and without commission, and all processes are carried out without unnecessary obstacles.
For those who won from UAH 5,000 to UAH 54,999, the most profitable option is to receive money directly to their personal user account. This not only allows you to conveniently manage your winnings, but also increases opportunities for future investments or the purchase of other lottery tickets. Taking into account the standard restrictions and the possibility after verification, you can withdraw funds to the card of any Ukrainian bank with a minimal commission.
Finally, for those whose luck brought a win of 55,000₴ or more, UNL offers personal service at branches or the Head Office in Kyiv, or at another convenient location for you. This ensures reliable and personalized service at a high level so that every winner can enjoy their success with comfort and emotional satisfaction.
What to do if you won the jackpot or a large amount
Has luck smiled on you? It should be noted. The biggest prize is the jackpot, and to get it, you need to visit the official office of UNL.
Before leaving, it is necessary to agree on the date of your visit. Do not forget to have with you the same ticket that became a sign of your luck. It is also necessary to take copies of documents that confirm your identity: passport and identification number. In addition, you must have the details of your current bank account with you.
A representative of UNL will carefully check all your documents and certify them. And after that, the winnings will be credited to your account.
What taxes must lottery winners in Ukraine pay on their winnings?
According to the Tax Code of Ukraine, lottery winnings are subject to taxation, which makes this event even more intriguing. First of all, 18% of personal income tax will be deducted from your winnings. In addition, another 1.5% is a military levy, which is a contribution to the security and future of the country. These taxes are already included in your winnings, so you don't have to worry about paying extra or filling out a tax return.
Example of tax calculation:
Suppose you won 100,000 hryvnias. Tax liabilities will be calculated as follows:
- Personal income tax: UAH 100,000 * 18% = UAH 18,000.
- Military levy: UAH 100,000 * 1.5% = UAH 1,500.
The total amount of taxes will be UAH 19,500, so after paying taxes, you will receive UAH 80,500.
So, if you suddenly feel an incredible rush of adrenaline from the news of winning, know: everything is already under control. The lottery operator will take care of all the nuances, and you can enjoy your triumph without too much trouble. The idea of winning becomes even more attractive, because this entire taxation process takes place without your participation, leaving only positive emotions and enthusiasm from new prospects. Winning the lottery is not only a chance to change your life, but also to feel the joy of success, which each of us deserves.