Eurojackpot Lottery Win Lands in latvia: Kraslava Resident Claims Prize

A lucky resident of Kraslava,Latvia,has recently struck gold,purchasing the winning ticket for a significant Eurojackpot lottery prize. This win adds to the growing excitement surrounding lottery games in Latvia and highlights the potential for life-changing opportunities.

Latvian Lottery Winner Celebrates Eurojackpot Success

The winning ticket was purchased in Kraslava, a town in Latvia. while the exact amount of the prize hasn’t been disclosed, lottery winnings over €3,000 in Latvia are subject to personal income tax (PIT), which benefits both the national and local municipality budgets [1].

Did You Know? Latvia joined the Eurojackpot lottery in 2013, opening the door for its residents to participate in this international game.

Latvijas Loto: A State-Owned lottery Leader

Latvijas Loto, established in July 1992 with a share capital of EUR 1.4 million, is the sole entity authorized to conduct nationwide lotteries in Latvia. The company is fully state-owned, ensuring that proceeds from lottery operations contribute to the public good.

In 2024, Latvijas Loto demonstrated strong financial performance, achieving a turnover of EUR 100.359 million, an 8.9% increase from the previous year. The company’s profit also saw a rise of 2.1%,reaching EUR 14.089 million. This financial stability allows Latvijas Loto to continue offering a variety of lottery games and contribute to the Latvian economy [2].

Pro Tip: Check the official Latvijas Loto website for the latest winning numbers and information on responsible gaming.

Eurojackpot’s International Reach

The Eurojackpot lottery is a collaborative effort involving 19 countries: Czech Republic, Denmark, Croatia, Estonia, Iceland, italy, Latvia, Lithuania, the Netherlands, Norway, Slovakia, Slovenia, Finland, Spain, Hungary, Germany, Sweden, Poland, and Greece. The potential jackpot can reach up to €120 million, attracting players from across Europe.

Other recent Eurojackpot winners include players from Sweden (two winners), Norway, the Czech Republic, and Germany, demonstrating the widespread appeal and possibility offered by this international lottery.

Latvia’s Lottery History

Latvia has a history of lottery success. In August of last year, a Latvian player secured the country’s largest Eurojackpot win to date, claiming a prize of 759,698 euros. This recent win in kraslava further solidifies Latvia’s presence on the Eurojackpot map.

Tax Implications for Lottery Winners

It’s important for lottery winners in Latvia to understand the tax implications of their winnings. As stated in the Law on Personal Income Tax, prizes exceeding €3,000 are subject to PIT. This tax revenue is then distributed between the state budget and the municipality where the winner resides, contributing to local and national development.

What would you do if you won the Eurojackpot? Share your dreams in the comments below! Don’t forget to share this article with your friends and family and subscribe to our newsletter for more exciting news!