Cash prizes for lucky card­hold­ers

Kathimerini English - - Focus - PROKOPIS HATZINIKOLAOU

The Fi­nance Min­istry ap­pears set to start con­duct­ing cash and prize draws, re­ward­ing 1,000 lucky credit or debit card hold­ers ev­ery month.

Ac­cord­ing to a de­ci­sion of the min­istry and the In­de­pen­dent Author­ity for Pub­lic Rev­enue, tax­pay­ers will be awarded a num­ber of lot­tery tick­ets pro­por­tion­ate to their card trans­ac­tions each month. There­fore, if some­one spends 100 eu­ros on their card, they will get 100 chances to win a prize, while trans­ac­tions of 500 eu­ros will earn them 300 en­tries.

Sources say that the first draw will take place in late Oc­to­ber or early Novem­ber at the lat­est, with 1 mil­lion eu­ros dis­trib­uted to 1,000 lucky win­ners. How­ever, the min­istry has set aside 12 mil­lion eu­ros for prize draws each year, which means that in De­cem­ber – when re­tail sales peak – there will likely be an 11-mil­lion-euro grand draw.

It is noted that each tax­payer can only win once in each month’s draw. This means that if an in­di­vid­ual has more than one win­ning ticket, the amount they win will re­main at 1,000 eu­ros and a run­nerup will get the re­main­der.

Cru­cially, the cash earned will be tax-ex­empt, will not be con­sid­ered as in­come, will have no de­duc­tions in fa­vor of the state and can­not be con­fis­cated or used to off­set debts to the state.

Rail­way prop­erty uti­liza­tion com­pany Ga­iaose is plan­ning to an­nounce con­ces­sion ten­ders for the cre­ation of at least two shop­ping cen­ters, with a to­tal value of over 170 mil­lion eu­ros, at the train sta­tions of Thes­sa­loniki (pic­tured) and Pi­raeus. The aim is to have them com­pleted by the end of the decade.

The more tax­pay­ers use their credit or debit cards, the more chances they will have to win.

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