La Caribeña lottery continues daily draws in Colombia

La Caribeña, a popular game of chance in Colombia, continues its daily draws with both daytime and nighttime sessions. The daytime draw typically occurs at 2:30 p.m., while the nighttime draw, La Caribeña Noche, takes place at 10:30 p.m.

In Colombia, lottery winnings are classified as occasional income and are subject to the Occasional Gain Tax. This tax applies to prizes that exceed a specific exempt threshold. For 2024, the exempt threshold is set at 6,000 UVT, which is approximately $254,460,000 COP. The general tax rate of 20% is applied only to the amount exceeding this threshold.