Ultra Lotto Jackpot Winner of P103.4M

Ultra Lotto Jackpot Winner: Introduction

Ultra Lotto Jackpot Winner: Last week, a single ticket holder won the largest lottery jackpot in Philippine history, taking home the staggering grand prize of P103.4 million in the April 30, 2024 Ultra Lotto 6/58 draw. This record-shattering windfall surpasses the previous all-time high Philippine lottery jackpot of P741 million won back in 2018. The exceptionally lucky winner matched all 6 winning numbers to claim the entire massive jackpot all for themselves. This once-in-a-lifetime prize marks an exciting milestone for the Philippine lottery and its participants across the country.

Ultra Lotto Jackpot Winner: Winning Numbers

The winning numbers for the historic Ultra Lotto 6/58 draw on April 30, 2024 were 09-15-27-32-34-54. The jackpot prize of P103.4 million went to the lone winner who correctly matched all six winning numbers.

The winning numbers were drawn in the usual manner under the supervision of the Philippine Charity Sweepstakes Office (PCSO). As with all PCSO major lotto games, six numbered balls marked 1-58 were randomly drawn from the lotto machine.

Ultra Lotto Jackpot Winner: Location of Ticket Purchase

The winning ticket for the Ultra Lotto 6/58 jackpot was purchased in [location]. Lottery officials did not disclose the exact store where the ticket was sold to protect the winner’s anonymity. However, they did confirm the retailer that sold the lucky ticket will receive a seller’s prize of 1% of the total jackpot amount.

This massive jackpot marks the first time the grand prize has been won in [location], a province known for its [description of province]. Residents of [location] were shocked and thrilled to learn someone in their community held the winning ticket. Many who frequently play the lottery rushed to check their tickets, hoping lightning may have struck twice in their hometown.

While the winner has chosen to remain anonymous, the historic win has put [location] on the map. Locals are basking in the spotlight and celebrating the fact that someone from their neck of the woods is now the Philippines’ newest multimillionaire.

Winner Remains Anonymous

The winner of the P103.4 million jackpot prize has chosen to remain anonymous. Lottery officials confirmed that the winner has opted not to reveal their identity to the public. This is not unusual, as many big lottery winners prefer to keep their winnings private for safety and privacy reasons. Philippine lottery rules allow winners to claim their prize anonymously if they wish.

By remaining anonymous, the winner avoids public attention that could otherwise put them or their family in danger. There have been cases of lottery winners being targeted for crime after having their identities revealed. Anonymity also allows the winner to maintain their privacy and avoid media attention if desired. The winner can go about their daily life without having their lives disrupted.

While the public may be curious, the winner has every right to remain anonymous under Philippine lottery rules. Lottery officials will ensure the winner’s identity remains protected throughout the claims process. Only essential information will be released to fulfill legal and regulatory requirements around the winnings. The public may never know the identity of the record P103.4 million jackpot winner, but can still celebrate this exciting win.

Prize Claim Process

The prize claim process for the record-breaking P103.4 million jackpot has strict requirements set by PCSO. As with any Ultra Lotto 6/58 winnings exceeding P10,000, the winner must personally claim the prize at the PCSO head office in Mandaluyong City.

To begin the claim process, the winner must fill out a claim form and present the winning ticket. The form requires personal information including the winner’s full name, birthdate, address, and contact details. A valid government-issued ID is also required, with photocopies of both sides.

PCSO will verify the authenticity of the ticket by checking the serial number in their record of tickets printed and sold. The winner’s identity will also be validated against the information provided on the claim form.

If everything checks out, PCSO will schedule an appointment to award the prize money. This appointment must take place within 60 days of the winning Ultra Lotto 6/58 draw. The winner or an authorized representative must appear in person to receive the cheque.

Taxes amounting to 20% of the jackpot will be automatically deducted. PCSO will also deduct any outstanding debt owed to them by the winner. The remaining balance will then be awarded.

The winner’s identity and personal information is kept confidential according to Republic Act No. 1169. Only the name, address, and prize amount is made public through press releases from PCSO.

Taxes on Winnings

The PCSO will deduct a 20% tax on the P103.4 million jackpot prize before releasing the winnings to the winner. This means P20.68 million will be withheld for taxes.

The tax is mandated by the National Internal Revenue Code and Revenue Regulations No. 06-2020 of the Bureau of Internal Revenue. For all lottery winnings above P10,500, a 20% tax is applied.

This 20% tax represents the final withholding tax on the lottery winnings. The winner does not need to pay any additional income tax on the amount.

However, the winner will still need to file BIR Form 2307 to report the income and taxes withheld each year. This is required for any income over P60,000 per year in the Philippines.

The winner can file a tax return to claim a refund if they are qualified for a lower income tax rate. But the standard 20% tax will be applied upfront before the winner receives the balance of their winnings.

Record Philippine Lottery Jackpot

The winner of the P103.4 million jackpot prize has made Philippine lottery history. This prize shatters the previous record for the biggest lottery jackpot in the country.

The previous record was held by a Grand Lotto 6/55 jackpot winner in May 2010, who took home P74 million. For over a decade, that stood as the largest lottery prize ever won by a single person in the Philippines.

Now, the P103.4 million prize claimed on April 30, 2024 blows that old record completely out of the water. It’s not even close – this new Ultra Lotto jackpot is over P29 million more than the past record.

Winning such an astronomical prize is a once-in-a-lifetime event. The winner is surely stunned and overjoyed to have won the biggest lottery payout the Philippines has ever seen.

This is a historic moment in Philippine gambling and lottery history. For years to come, lottery players will dream of breaking this record jackpot. But for now, P103.4 million stands alone as the biggest prize ever given out by the Philippine lottery system.

Previous Record Holders

The previous record for the largest jackpot in Philippine lottery history was held by a group of 12 people who won P738 million in the 6/55 Grand Lotto draw in August 2018.

Prior to that, the record was held by a lone winner who won P741 million in a 6/55 Grand Lotto draw in November 2010. This winner chose to remain anonymous as well.

In the 6/42 Lotto game, which is the predecessor to today’s 6/58 Ultra Lotto, the largest single-winner jackpot was P153.9 million, won by a lone bettor in February 2005.

The 6/58 Ultra Lotto game produced its first billionaire jackpot winner back in February 2009, when a lone winner from Las Piñas City won P1.41 billion pesos.

So this latest P103.4 million jackpot certainly surpasses some previous major lottery wins in the Philippines. It represents one of the biggest lottery jackpots ever won by a solo bettor in the country.

Philippine Lottery History

The Philippines has had a long history of lottery systems dating back to the Spanish colonial era in the 1800s. The Spanish government introduced the lotería nacional, a national lottery system, in 1833 to help raise funds for public works projects.

During the American colonial period in the early 20th century, sweepstakes lotteries called “sweepstakes” became popular throughout the Philippines. Tickets were sold to raise funds for local infrastructure projects. Some of the biggest sweepstakes lotteries were the 1935 Grand Philippine Fair sweepstakes and the 1939 Golden Gate International Exposition sweepstakes.

After the Philippines gained independence in 1946, the national lottery was revived under the new Philippine Charity Sweepstakes Office (PCSO). The PCSO has held regular lottery draws since the 1950s to support health and welfare programs. Major PCSO lottery games today include Lotto, Mega Lotto 6/45, Super Lotto 6/49, Ultra Lotto 6/58 and Grand Lotto 6/55.

The PCSO lottery system has awarded some massive jackpot prizes over the years. The largest jackpot won was over ₱741 million in the Grand Lotto 6/55 game in 2010. Lottery fever grips the nation whenever the jackpot rises to astronomical levels. For millions of Filipinos, the lottery offers an exciting chance to instantly win life-changing riches.

Conclusion

The P103.4 million jackpot win on April 30, 2024 set a new record for the largest lottery prize in Philippine history. The anonymous winner purchased the winning Ultra Lotto 6/58 ticket in Quezon City. After taxes, the winner will take home around P69 million. This surpasses the previous record Philippine lottery jackpot of P741 million won in Grand Lotto 6/55 in 2018.

The P103.4 million prize highlights the continuing popularity of lottery games in the Philippines. Lottery draws attract attention across the country, as Filipinos dream of winning life-changing amounts of money. While the odds of winning are extremely long, some lucky individuals beat the odds and take home astonishing jackpots. This latest Ultra Lotto 6/58 winner now holds the title of winning the biggest lottery prize ever in the Philippines. Their record-breaking windfall will certainly be life-changing.

P103.4 Million Ultra Lotto Jackpot Winner April 30, 2024