The cash will be automatically charged until 13:00 p.m. the next day based on the winner's announcement date. No separate taxes will be incurred. The charged cash can be applied for cash withdrawal 24 hours a day, 365 days a year.
If the winning prize is more than US$5,000 and less than US$100,000 (about 130 million won), 24% of US federal tax and 10% of income tax are limited based on the date of the winner's announcement. It will be paid within 7 business days.
(The prize money of less than $1 million will be received by an official of a U.S. purchasing agency on behalf of the winner, but the winner will be paid in advance at SuperLuck.)
The charged cash can be withdrawn in cash 24 hours a day, 365 days a year.
(However, additional taxes due to the Korean government may be incurred depending on the winner's annual personal income after cash withdrawal.)
If the winning prize is more than US$100,000 and less than US$1,000,000 (approximately KRW 1.3 billion), the difference between 24-37% of US federal taxes (US$165,000 = 24% of the minimum tax rate, more than 600,000 = 37% of the maximum tax rate) and the transfer fee limit will be automatically charged with cash within 15 business days (based on the business day) of the winner's announcement date. (The winning prize less than US$1 million will be received by an official of a US purchasing agency, but the winner will be paid in advance at SuperLuck.) The charged cash can be withdrawn in cash 24 hours a day, 365 days a year. (However, additional taxes due to the Korean government may be incurred depending on the winner's annual personal income after cash withdrawal.)
If you win more than 1 million U.S. dollars (about 1.3 billion won), you will visit the SuperLuck staff in person and receive the lottery jackpot with a lawyer contracted with the local company. SuperLuck provides all expenses for receiving the jackpot, such as regular airfare and accommodation fees for three to four-star hotels for up to two months. (Detailed support items are discussed with the winner) The winner will pay SuperLuck a 5% fee of the actual amount of money received, excluding taxes.
If you win more than USD 10 million (about KRW 13 billion), visit the U.S. directly with SuperLuck staff and receive the lottery jackpot with a lawyer contracted with us. SuperLuck provides all expenses incurred in receiving the prize, including attorney fees, first-class airfare, five-star hotel accommodation for up to two months, and security fees. Winners will pay SuperLuck a 5% fee on actual receipts, excluding taxes.
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