58 individuals shared P3.424B worth of prizes in January-October —PCSO

The Philippine Charity Sweepstakes Office (PCSO) awarded P3.424 billion in prizes to 58 individuals during the first 10 months of the year.

The prizes are roughly 6 percent of the PCSO’s gross revenue in the same period.

Most of the winners shared prize winnings in the following games:

• Lotto 6/42 with 21 individuals sharing P445.081 million

• Mega Lotto 6/45 with 15 individuals sharing P502.811 million

• Super Lotto 6/49 with nine individuals sharing P519.383 million

• Grand Lotto 6/55 with eight sharing P395.471 million

• Ultra Lotto 6/58 with five sharing P1.562 billion

The total prize was P3,424,842,197.

“The accumulated sales of the agency from Lotto alone are P17,039,845,780. Napakalaking tulong ito sa ating Charity Fund. Kaya I encourage everyone to continue patronizing our products,” said PCSO General Manager Alexander Balutan.

The PCSO is a government-owned and controlled corporation (GOCC) mandated to raise and provide funds for health programs, medical assistance and services, and charities of national character.

Under its charter, the PCSO must allocate 55 percent of its revenue to prizes, 30 percent to its charity fund, and 15 percent to operational expenses.

It reported a 27-percent increase in revenue during the first ten months of the year, with gross sales reaching P54.8 billion. —Jon Viktor Cabuenas/VDS, GMA News