Winning the games of chance allows you to enter a new financial dimension … and therefore fiscal.
It is the dream of all French people. Check five good numbers and the additional “luck” number to win the jackpot. Each year, 27 million people play lotto in France, caressing the sweet hope of winning the jackpot, whether from a few million to tens of millions of euros. This rocking in a new world where finances are no longer a problem, 31 players knew it in 2024. For them, it was the big jump.
4.5 million euros in the Var, 14 million in Haute-Saône, 20 million in Seine-Maritime… The year was rich in colossal success for the regulars of the game of chance. Viages with so many zeros on the bank account, it can only happen, generally, only once in his life. A financial, but also fiscal switch?
This is one of the main questions when you gain a lottery or Euromillions: how much should you pay at taxes after the perception of such a sum? Especially since the time when taxation is on the way to increase for the biggest heritage, this can worry or even scare the lucky winners.
However, as with everything related to money collected during a year, arrangements exist concerning the gains obtained via the lottery or any other game of chance. The Directorate General for Public Finances is very clear on the subject, perhaps to the surprise of the winners: there is no tax to pay on the gain recorded thanks to the winning ticket. Not 1 penny of social contributions or income taxation must not be paid to the public treasury. The sum as mentioned arrives exactly on the bank account.
On the other hand, like any taxpayer, the new millionaire thanks to the lotto or Euromillions naturally pays taxes on the financial investments it makes and the amount of its tax therefore depends on its various investments.