Payout & Refund

Q. where can I claim the winning prize?

A:

 

  1. Physical Channel:
    1. The winners may hold the winning lottery tickets and identity documents to the branches of China Trust Bank, Penghu First Credit Cooperative or Kinmen First Credit Cooperatives for validation.
    2. Retailers are only allowed to validate any ticket with less than NT$ 5,000 in a single column and any  ticket with less than NT$ 20,000.
    3. Winning amount that is more than five millions, will be asked to contact the call center to make arrangement for validation.
  2. Virtual betting winner should receive their winnings through their memberships accounts after taxes, virtual  betting winners are not subject to 0.4% stamp tax.

 

Q. How to tax for lottery winning prize?

A:

Winning amount that is more than NT$ 5,000 will be subject to withhold 20% winning tax and 0.4% stamping tax. The winner shall be exempted from withholding if the winning prize of single column is under NT$ 5,000 (inclusive). Based on the prize isolated mining taxation, the winning prize will be no longer included in the total comprehensive income to declare taxable.


If the winning prize of single column is over NT$ 5,000 to be paid in cash or transfer money then it is required to withhold 0.4% stamping tax.

 

Q. How about the time limit of validation?

A:

Winners should validate their tickets within 3 months period with the movement of the identity card or other   personal identity documents to the branches of China Trust Bank, Penghu First Credit Cooperative,  Kinmen First Credit Cooperatives or 1,200 TSLC retail stores across the island against the collar. overdue tickets will be considered as those who waived their rights to accept the winnings.

Q. How to deal with a refund if an invalid betting encountered?

A:

 

  1. The retailer-based players can hold invalid betting tickets to the branches of entrusted financial   institution or other financial institutions designated by the organization to process the refund. If one single Invalid ticket does not exceed NT$ 20,000 which can also be refunded by holding the ticket to the sports lottery retailers national-wise. The aforementioned limit of the refund amount is subject to change which will be announced by the organization.
  2. The account betting system will automatically handle the refund of invalid bets if the bets are placed by virtual channel and the funds will be transferred to its member accounts with interest-free.

 

Q. Can Lottery winners upload the lottery pictures to the internet?

A:

It is highly recommended that you mask the lottery barcode first and then upload it to the Internet (as shown below); or upload it after receiving the winning prize to avoid the use of the awarding ticket information by other  persons with intentions.