Articles worth reading

Crypto Sports Betting: Why is it Becoming so Popular?

account_balanceMetro Manila access_time5 days ago

It isn’t much of a surprise that crypto is increasingly being used by sports betting fans. After all, the technology, along with the underlying blockchain technology, are taking over in almost all financial spaces – from real estate smart...

Project aims to support Globe's strategic direction to ensure consistent network connectivity across the archipelago

Globe, Vertiv team up for 5G-ready data center in Quezon 

account_balanceMetro Manila access_time4 days ago

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, joined Globe Telecom in formally opening its new 5G-ready data center located in Tiaong, Quezon Province. The TIA 942, Ti...

Pateros News

Pateros bettor wins P25-million lotto jackpot 

account_balancePateros News account_circleMariel Guevarra chat_bubble_outline0 Comments

A bettor in Metro Manila became an instant millionaire after guessing the right six-digit combination of the Lotto 6/42 draw on Tuesday night, according to a report by Philippine News Agency.

In an advisory Wednesday, the Philippine Charity Sweepstakes Office (PCSO) said the bettor guessed the winning combination of 31-41-29-25-20-08, which carried a total jackpot prize of PHP25,490,659.

The ticket was purchased in the municipality of Pateros.

Advertisement

It was the seventh time for the month of January that the jackpot was hit by a lone bettor while another was shared by two bettors.

The bettor can claim the check at the PCSO main office in Mandaluyong City upon presentation of the winning ticket and two identification cards.

Lotto winnings of more than PHP10,000 shall be subject to a 20 percent tax under the Tax Reform for Acceleration and Inclusion law.

Prizes not claimed within a year shall be forfeited.

Advertisement

The 6/42 Lotto is drawn every Tuesday, Thursday, and Saturday

Meanwhile, PCSO general manager Melquiades Robles on Monday turned over checks amounting to over PHP96.9 million to the Commission on Higher Education (CHED), Philippine Sports Commission (PSC), and Philippine Air Force (PAF) for their mandatory contribution held at the PCSO Executive Office in Mandaluyong City.

The PCSO turned over its mandatory contribution worth PHP31.1 million to CHED as its mandatory contribution for the strengthening of higher learning institutions pursuant to Republic Act 7722 or the Higher Education Act of 1994 while the PAF received PHP63.6 million and PSC received PHP136,371.09.

Robles urged the public to keep on patronizing PCSO games to generate more funds for health programs, medical assistance and services and charities.

The PCSO is mandated to set aside 30 percent of its revenue for charity, 55 percent for prizes, and 15 percent for its operation. All balances of any funds in the PCSO will form part of the charity fund.


date_rangeDate Published
9 months ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

Photo courtesy of Manila Cathedral's Facebook page

Manila Cathedral to hold 'Red Wednesday' Mass 

account_balanceManila chrome_reader_mode6 days ago

The Manila Cathedral is set to hold a Mass for the annual commemoration of "Red Wednesday" on Nov. 29 to remind the faithful of the ongoing persecution against Christians around the world, according to a report by Philippine News Agency. I...

×
Click on the article to continue reading
Quezon City adopts no contact apprehension system Red Cross pushes saliva test Vaccines from COVAX to arrive in Q1 Makati Shangri-La to close doors on Feb. 1 Cities in NCR to start vaccination simultaneously Mother, girlfriend of Filipino infected with UK variant also test positive Send Press Release MNC Facebook Page MNC Twitter Page MNC Instagram Page LGU Spotlight Barangay Front Business Sports Entertainment Metro Gen Metro Feature