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Albay trader wins P202.5 million lotto 6/55 jackpot

MANILA, Philippines — A trader based in Legazpi City in Albay was the sole winner of the P202.5 million Grand Lotto 6/55 prize drawn on Dec. 28, the Philippine Charity Sweepstakes Office (PCSO) said.

The bettor correctly guessed the winning combination 45-46-33-23-03-48.

According to the PCSO, the man used the “lucky pick” system in betting on three combinations.

“This blessing will greatly help my family and secure our future. My priority is to save for my children’s education and reinvest in business opportunities,” the PCSO quoted the winner as saying.

The PCSO said the jackpot winner had presented himself as a dedicated family man who supported his family by engaging in business and trading.

Under the Tax Reform for Acceleration and Inclusion Law, a 20-percent tax will be imposed on prizes exceeding P10,000.

Winners have one year, under Republic Act 1169, to claim their prizes.

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