Winning the mega-sena is the dream of thousands of Brazilians. However, what many people may not know is that the winners of this award also need to comply with some bureaucracies, such as declaring it in the Income Tax (IR). Therefore, check out in this article everything you need to know about the rules for declaring the mega-sena prize in the 2022 IR.
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For those who dream of winning the lottery, know that the winner needs to settle accounts with the tax authorities to avoid complications. The tax withheld at source indicates that the payer of the tax is the person carrying out the draw, as in the case of Mega-Sena, Caixa Econômica Federal, for example. As a result, Caixa receives 30% of the proceeds from the lotteries it manages.
According to experts in the field of accounting, although the tax on the value of the prize was paid before the person was drawn to receive the prize, she still needs to declare it on the IR, since it represents an asset increase, in most cases cases.
One of the requirements for the winner to have to declare the amount in the Income Tax is in cases where the prize exceeded R$ 40 thousand in 2021, he must declare.
In addition, another point worth mentioning is that there is no minimum amount to declare the IR. Thus, if the taxpayer is already required to file an Income Tax Return, he must report any lottery winnings.
To make the lottery declaration, the individual needs to inform the information related to the prize in the form “Income subject to Exclusive/Definitive Taxation”. Thus, it is necessary to indicate the status of the amount, whether it belongs to the holder or a dependent, as well as the CNPJ name of the source that made the payment, and in the description indicate “lottery winnings”. At the end, just click on “ok”.
