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BOGOTÁ AND QUINDÍO LOTTERY | If I win, do I get the full amount?
No. The DIAN will deduct part of the amount earned. This is indicated in the Tax Statute, which states that the winner must pay a tax of 20% of the prize for occasional winnings, in addition to a discount derived from the financial tax that is known as 4 × 1,000 of the gross value.
