Lottery Winnings Tax: 28.5% Deduction in Argentina

Lottery winners in Buenos Aires face a 28.5 percent tax on prizes exceeding 1,333.34 pesos, according to regulations established by Law N° 20 630. The levy applies to several popular games, including Loto Plus, Loto 5 Plus, La Grande de la Ciudad, Brinco, Raspa Ya, and Quini 6.

The tax, which has been in place for some time, is automatically deducted from winnings above the specified threshold. The official website of the Lotería de la Ciudad de Buenos Aires confirms the 28.5% discount, citing the legal basis for the charge.

Quini 6, a long-running national lottery game popular throughout Argentina since 1988, is among those affected by the tax. The game offers multiple draw options, including traditional, revancha, siempre sale, and extra, all subject to the same prize reduction for larger payouts.

The Lotería de la Ciudad de Buenos Aires also offers other games subject to the tax, such as Raspa Ya, an instant-win scratch card game, and La Grande de la Ciudad, a larger-prize lottery. The tax does not apply to all games; Quiniela, Quiniela Poceada, and Tombolina de la Ciudad are exempt from the 28.5% levy.

Information regarding the specific application of the tax and the games it affects is available on the Lotería de la Ciudad de Buenos Aires website and through lottery retailers. LotiMagic, a YouTube channel broadcasting official lottery draws, provides results for Quini 6, Loto Plus, Loto 5, Telekino, Brinco, Quiniela and Tómbola Uruguaya, but does not offer information regarding the tax itself.

The Lotería de la Ciudad de Buenos Aires has not issued any recent statements regarding changes to the tax rate or its application.