Once again, this year, the ‘La Grossa de Cap d’Any’ raffle will distribute thousands of euros in prizes throughout Catalonia. Here are the prizes you can win, how to collect them, and how much tax the state keeps.

Since 2013, ‘La Grossa de Cap d’Any’ draw is held every 31 December. A draw created by Loteries de Catalunya with the aim of taking advantage of the popularity of the Extraordinary Christmas Draw held throughout Spain, to have a Catalan raffle, the first autonomous community to have a Christmas lottery, which benefits our territory.

Every year 100,000 numbers are put on sale, from 0 to 99999, with a total of 50 series, five of which are in electronic format. The price per ticket is 10 euros, and they can be bought at the usual Loteries de Catalunya points of sale or in some supermarkets. The draw is broadcast live on TV3 at around 12:55 pm.

The prizes

The ‘Grossa’ of 2023 maintains the normal distribution of 5 big prizes, with the following retributions for winners:

• The first prize of €200,000 per ticket, €20,000 per euro played.
• The second prize of €65,000 per ticket, €6,500 per euro played.
• The third prize of €30,000 per ticket, €3,000 per euro played.
• Two fourth prizes of €10,000 per ticket, €1,000 per euro played.
• Three fifth prizes of €5,000 per ticket, €500 per euro played.

Prizes expire 90 days after the date of the relevant draw and are subject to the usual lottery winnings taxation. In this case, prizes exceeding €40,000 must be taxed, after which 20% of the amount received must be paid.

You can collect prizes of up to €120 at any authorised establishment that has a terminal, although these outlets can optionally pay prizes of up to €1,999.99. You can also collect rewards of €50 or more in cash or by bank transfer at CaixaBank branches or at the Loteries de Catalunya Customer Service, Information and Prize Payment Office at Carrer Enric Granados, 33, Barcelona.

How to invest the money

Depending on the amount of the prize and our economic situation, the winnings can be used to cover the odd hole and little else. Still, if we are lucky enough to have healthy personal finances, we have different investment options.

Given the levels of inflation in recent months and the low returns banks are giving us on our deposits, it may be tempting to choose investment options that give us a higher return. Even so, it should be borne in mind that the higher the return, the more risk we have to take.

Currently, bank deposits offer little return, but Guaranteed Funds can easily and safely provide a return on the money earned. As the name implies, guaranteed funds guarantee all or part of the capital invested, as well as a fixed return over a period of time.

If you are worried about the possible recession next year, investing in precious metals may be the best option if you want to avoid the devaluation of your money. The value of precious metals is much more stable in times of crisis like the current one, and gold is considered the ultimate safe haven asset.

Investing in property is one of the most popular options, but buying a property as an investment requires a minimum knowledge of the real estate sector. On the other hand, it is important to take into account maintenance costs, especially in periods when we cannot make the investment profitable through renting.

In any case, whether you are planning to invest the money you have earned, or whether you want to spend it on something you are looking forward to, you should think carefully about what you are going to do with the money before rushing into a decision spurred on by the moment of joy you have just uncorked the Cava.

If you want to discover the best option to protect your savings, enter Preciosos 11Onze. We will help you buy at the best price the safe-haven asset par excellence: physical gold.