Taiwan: 972 Millionaires from Special E‑Invoice Prize; Call to Use Redemption App

The Ministry of Finance confirmed that the special prize of the national e‑invoice lottery has created 972 new millionaires, each receiving NT$1 million. Winners are required to download the official redemption application, verify eligibility, and claim within 30 days using identification and tax ID. Prize amounts are subject to a 10 percent withholding tax, and failure to claim results in forfeiture. The Ministry emphasized proper invoice registration to remain eligible for future draws and announced platform enhancements to streamline the redemption process.

Key Takeaways

  • Number of Winners: 972 millionaires
  • Redemption Deadline: 30 days from announcement
  • Withholding Tax: 10 percent on prize amounts

Source: Read Original Announcement