In Spain, as of 2025, lottery and gambling winnings are subject to specific taxation rules.
Lottery Prizes:
Tax-Exempt Threshold: The first €40,000 of any lottery prize is exempt from taxation.
Tax Rate: Any amount exceeding the €40,000 exemption is taxed at a flat rate of 20%.
Example: If you win €200,000, the taxable portion is €160,000 (€200,000 – €40,000 exemption)
resulting in a tax of €2,000 (20% of €10,000).