“It’s a state business”

With the Christmas Lottery draw just around the corner, many are collecting tenths to try their luck this December 22. This year, State Lotteries and Betting will distribute a total of 2,772 million euros in prizes, including the desired Fatawarded with 400,000 euros for every tenth winner. However, not everyone gets carried away by this game, as happens to the billionaire businessman. Jose Eliasowner of the La Sirena supermarket and founder of Audax Renovables.

On his podcast Find your lifeElías has revealed that he has never played the lottery and has explained the reasons that have led him to remain in that position. “Lottery? I have never bought Lottery“, he stated.

In his opinion, he indicates, “I do not agree with how the lottery is advertised, I do not agree with how the commissions are distributed with the lotteries. I think it is a state business motherfucker and that lotteries are a group that is super mistreated,” he said.

Elías’s comment on the scarce lottery commissions It is precisely one of the demands that this group has been demanding for years. Recently this debate has arisen again, which also involves increasing the price of the Christmas Lottery ticket from 20 to 25 euros and also increase the amount of the grand prizes. And for every Christmas tenth they sell in their lottery administrations, only earn 4.5%which is equivalent to 90 euro cents.

For this reason, the businessman considers that “if it were distributed better, I would do it the same for the lotteriesmore than through the lottery,” he points out, since the amount of the prizes is increasingly lower when compared to the rise in the cost of living.

“Lately, you get four bitches and it’s also like the deception of the centuryNo? You get four bitches and on top of that they take half of them,” he indicated.

In reality, the Treasury does not keep half of the prize, but rather 20% of those quantities that exceed 40,000 euros. Prizes below that amount are exempt from taxes, as stated by the Tax Agency on its website.

Regardless of the Treasury’s withholding, the businessman remains unconvinced with this type of raffle. “There comes a time when you say, why are you going to play? I’m going to bingo and I have more chances to touch something,” he concludes.