Money - Page 3
1189 newsWhy 15 Years of Social Security Contributions Can Mean a Bigger Pension Than Expected
Spanish Social Security expert Alfonso Muñoz reveals why some retirees with only 15 years of contributions may receive pensions that exceed their total payments. Legal caps, minimum supplements, and early retirement rules all play a role in this surprising outcome.
Young Madrid Priest Reveals He Earns Less Than Minimum Wage
Juan Orduña, a 27-year-old priest in Madrid, says his monthly income is below Spain’s minimum wage. With housing and utilities covered by the Church, he describes a simple lifestyle, full-time commitment, and how he makes ends meet without financial stress.
From 10,000 Pesetas to Retirement: Alfredo's Life as an Electrician
Alfredo Becerra began learning the electrical trade at 14 and spent over 35 years on the job. His career traces the evolution of materials, pay gaps, and workplace culture in Spain’s electrical sector, ending with his retirement in 2016.
Judge Expands ‘Caso Cerdán’ Probe to Family Finances and Linked Firms
The investigation into alleged public works rigging involving Santos Cerdán intensifies. Authorities now target family bank accounts and demand records from companies tied to the case. New evidence could reshape the legal landscape.
La Primitiva Draw in Madrid Offers €45 Million Jackpot After No Winner
The La Primitiva draw in Madrid put €45 million on the line after no special category winner last time. The winning numbers and key details for ticket holders have now been released. Prize claims and deadlines remain crucial for participants.
Gordo de la Primitiva Draw Leaves €11.35 Million Jackpot Unclaimed
The Gordo de la Primitiva draw in Madrid ended without a top prize winner. The jackpot now stands at €11.35 million. The winning numbers and prize breakdown highlight the growing interest in Spain’s major lottery.
National Lottery Brings Major Wins to Canary Islands on July 25
The July 25 National Lottery draw delivered top prizes to the Canary Islands. Granadilla de Abona in Tenerife sold the first prize ticket. The second prize reached Las Palmas de Gran Canaria and Arrecife, Lanzarote.
One Day, €1,588: The Hidden Value of Copper in Home Renovations
A Madrid plumber earned €1,588 in a single day by selling copper pipes removed during a full home renovation. The story highlights how old installations can turn into unexpected profit, but also exposes the rules and realities behind recycling valuable metals in Spain.
Cruz Roja's Sorteo de Oro 2026 Awards €3 Million Top Prize in Lugo
The Sorteo de Oro 2026 by Cruz Roja has awarded its €3 million top prize to Lugo. This year’s draw distributed more than 23,400 prizes, doubling last year’s count. New rules brought extra chances for smaller wins.
Retired Plumber Faces Life on €500 Pension After 50 Years of Self-Employment
David, a 75-year-old retired plumber, receives just €500 a month after more than five decades as a self-employed worker. His story highlights the financial risks many autónomos face in Spain, where long careers do not always translate into comfortable retirements.
ECB Unveils Finalists for New Euro Banknotes: Culture or Nature
The European Central Bank has revealed two competing designs for new euro banknotes. Citizens can now vote between cultural icons and natural landscapes. The final choice will shape euro bills from 2027.
National Lottery Awards €300,000 Top Prize in Ribeira Sacra Draw
Spain’s National Lottery draw on July 23, 2026, delivered a €300,000 top prize per series. The event spotlighted Galicia’s Ribeira Sacra. Multiple secondary prizes and special numbers were also announced.
La Primitiva Draw Awards €41 Million Jackpot on July 23
Spain’s La Primitiva lottery held its latest draw with a €41 million jackpot. Winners face a 20% tax on prizes over €40,000. Key payout rules and the winning numbers are now confirmed.
Bonoloto Draw Delivers €2.8 Million Jackpot on July 22
The Bonoloto draw on July 22 awarded a €2.8 million jackpot. The winning numbers and prize categories have been released. Rules for claiming prizes depend on the amount won.
Ulldecona and Artana See Major Euromillones Wins This Tuesday
The latest Euromillones draw has brought a €250,104.37 prize to Ulldecona and created a new millionaire in Artana, a town renowned for its bull events. No top-tier winner means the jackpot now rises to €70 million.
Giving a Jewel to a Family Member Triggers Tax Obligations in Spain
Transferring a valuable jewel to a child or relative in Spain is not just a personal gesture—it comes with clear fiscal duties. Whether the piece is a gift or part of an inheritance, Spanish law demands proper declaration and tax compliance, regardless of family ties.
How a British Couple Retired in Their 30s by Saving Relentlessly
Alan and Katie Donegan left their jobs at 35 and 40 after saving and investing nearly all their income for ten years. Their story highlights both the promise and the limits of the FIRE movement, as well as the personal sacrifices required to achieve early retirement.
No Jackpot Winner in Euromillones Draw on July 21: Prize Rolls Over
The Euromillones draw on July 21 ended without a top prize winner. The jackpot increases for the next round. A Madrid ticket secured El Millón, while major prizes remain unclaimed.
Average Minimum Living Income in Spain Tops €500 Per Household
Spain's Minimum Living Income now reaches more than 2.6 million people in over 860,000 households, with the average monthly payment per household exceeding €500. Families with children can receive additional support, reflecting the program's growing impact.
Arantxa Sánchez Vicario Faces Financial Ruin After Divorce and Court Battles
Arantxa Sánchez Vicario, once Spain’s tennis icon, reveals the toll of her divorce from Josep Santacana. Years of legal conflict left her with major debts and forced a public reconciliation with her family.
La Primitiva Draw on July 20: Winning Numbers and Prize Details
The July 20 La Primitiva draw revealed new winning numbers and prize rules. Payouts above €2,000 require a bank visit. Tax applies to large wins. Next draw is July 23.
SEPE Clarifies: Special Social Security Agreements Don’t Unlock Over-52s Subsidy
Many nearing retirement hope that paying into a special Social Security agreement will help them qualify for Spain’s over-52s unemployment subsidy. SEPE now confirms this route alone is not enough, and explains what actually counts when applying for the benefit.
Why Guardia Civil Officers Can Earn Over €2,000 Despite a €900 Base Salary
A viral video by an opposition exam instructor has reignited debate over Guardia Civil salaries. While the official base pay is under €1,000, most officers take home much more thanks to a complex system of bonuses and allowances. Here’s how the numbers add up.
Bonoloto Draw on July 19: Winning Numbers and Prize Odds Revealed
The Bonoloto draw on July 19, 2026, produced a new winning combination. Prize categories and odds were clarified. The draw continues to attract daily participation across Spain.
Jorge Lorenzo Reveals How Spain’s Tax Agency Nearly Destroyed His Career
Jorge Lorenzo, former MotoGP world champion, describes the intense financial and emotional toll of his dispute with Spain’s tax authorities. The ordeal pushed him to the brink of ruin and played a decisive role in his early retirement.
La Primitiva Draw in Madrid Offers €38 Million Jackpot
Madrid hosted the latest La Primitiva draw with a €38 million jackpot. The winning numbers and Joker were announced. New details clarify ticket costs, deadlines, and prize collection rules.
Police Recover €9,300 Lost in Valladolid 'Smishing' Scam
A Valladolid resident was deceived into transferring over €9,300 in a 'smishing' scam. Police identified a suspect acting as a 'money mule' and recovered the funds. The case highlights ongoing risks of digital banking fraud.
42 Million Euros in Prizes at July 18 National Lottery Draw
The July 18 National Lottery draw distributed €42 million in prizes. Terrassa and Aranda de Duero claimed the top awards. Key details on winning numbers, prize structure, and tax rules are now confirmed.
Madrid Court Upholds Two-Year Prison Sentence for Toño Sanchís
The Madrid High Court has confirmed a two-year prison term for Toño Sanchís. He was found guilty of misappropriating more than €475,000 from TV personality Belén Esteban. The ruling also includes a fine and compensation order.
La Primitiva Draw in Andújar Awards Over €1.2 Million to Single Winner
A single ticket validated in Andújar, Jaén, has won more than €1.2 million in the latest La Primitiva draw. No special category winner was recorded, pushing the next jackpot to €38 million. Four second-tier prizes were also distributed.
Balearic Islands Launch €10,000 Housing Grant for Under-40s
Young residents in the Balearic Islands can now apply for a €10,000 grant to purchase their first home. The program, open to those aged 40 or younger, is available from July 2026 until the end of 2027 or until funds run out. Strict eligibility and income limits apply.
La Primitiva Draw Delivers €37 Million Jackpot Opportunity
No winner claimed the top prize in the latest La Primitiva draw. The jackpot now stands at €37 million. Thursday’s results include the winning numbers, Joker code, and payout details.
Lotería Nacional awards €12 million in Thursday's draw
The Lotería Nacional draw on July 16 distributed €12 million in prizes. The top award went to number 11312, shared across 13 cities. Winners have 90 days to claim their prize, with tax rules applying above €40,000.
Court Orders Man to Repay €11,617 for Illegally Claimed Unemployment Aid
A Guadalajara court has ruled that a man must return €11,617 after receiving a subsidy for over-52s while exceeding the legal income limit. The case highlights strict enforcement of benefit rules and the risks of administrative oversight.
Catalonia Pushes for Return of Highway Tolls Across Spain
Catalonia is urging the Spanish government to reintroduce highway tolls, arguing that rising traffic and accidents demand urgent action. The proposal aims to avoid regional disparities and fund road maintenance.
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