Mandaluyong city: A lone bettor from Metro Manila became an instant multimillionaire after hitting Wednesday night's PHP15-million Megalotto 6/45 jackpot.
According to Philippines News Agency, the Philippine Charity Sweepstakes Office (PCSO) announced on Thursday that the winner purchased the ticket in Quezon City and successfully guessed the winning combination of 01-03-24-18-11-10. The fortunate individual now has one year to claim the prize at the PCSO main office in Mandaluyong City.
Under the Tax Reform for Acceleration and Inclusion law, winnings from the lottery exceeding PHP10,000 are subject to a 20-percent tax. In addition to the jackpot winner, 61 other bettors secured PHP19,672.13 each for guessing five out of the six winning digits. Meanwhile, 2,612 participants will receive PHP421.13 each for getting four correct digits, and 29,585 will collect PHP30 each for guessing three correct digits.
The 6/45 Megalotto is drawn every Monday, Wednesday, and Friday. PCSO General Manager Melquiades Robles urged the public to continue supporting the agency's gaming products, which generate additional revenues for health initiatives, medical services, and other national charities. Through its mandatory contributions, the PCSO not only assists individuals in need of medical help but also provides funding to government institutions.