When we refer to the Pasapalabra jackpot, the popular television contest in Spain that is currently broadcast on Antena 3, we do so to think about the money that the contestants have been accumulating program after program. However, even though this amount is close to 2 million euros, not all of that money goes to the winner’s bank account, since a good part of it goes to the Treasury. This May 15, the contest delivers a new boat with Óscar Díaz or Moisés Laguardia as protagonists.
Prizes obtained through television programs are considered a capital gain for the Tax Agency, which corresponds to a tax of 19%. Since the company that awards the prize deposits this withholding into the winner’s account in advance, the jackpot winner will see the money deposited into his or her bank account with a reduction by that percentage.
In this way, in the event that a contestant manages to win a jackpot of two million euros in a television contest, they will have to pay the Treasury about 380,000 euros.
Furthermore, another percentage will have to be applied in the Income Tax return, since, when carrying out this procedure, the taxpayer will have to declare this capital gain as if it were a payroll income, that is, as if he had received that money for their work activity. The percentage at the state level is the same for the entire country (24.5%), while the regional percentage varies depending on the autonomous community in which you reside.
Thus, in total, a Pasapalabra contestant who manages to win a jackpot valued at 2 million euros will have to pay approximately a quarter of the prize (about 500,000 euros) to the Treasury.
What happens to the accumulated money?
A common question among many followers of Pasapalabra is: Do you know what happens with the money? The contestants accumulate the program according to the program, rather than the program in which they win, and dividing the same amount between the two in the event that there is a tie in the final “Rosco”.
Regarding this accumulated money, there is an unknown detail that is not so beneficial for the contestants, since, when one of them manages to win the Pasapalabra jackpot, they automatically lose the money accumulated during the programs in which they have participated. Thus, they will only take that money in the event that they do not manage to get hold of the pot.
This is because, since 2015, there has been a rule in the television contest which establishes that, when one of the two participants wins the “Rosco” and, therefore, wins the program jackpot, will not be able to fight in the “Blue Chair” (reincorporation test) in the next program, so the loser on the day in which the accumulated jackpot is delivered, must leave the contest forever, taking the money they have as a prize. managed to accumulate during his stay there.
