There are a number of reasons to use your NIF number in Portugal. Firstly, it may be a requirement in certain instances (e.g. buying a house or car) and, secondly, it could reduce your Portuguese tax obligations. There’s another reason too, and that’s that by using your NIF number when you spend €10 or morehttps://www.e-konomista.pt/fatura-da-sorte/ you’ll receive a coupon for entry in a weekly lottery-style draw (Fatura da Sorte).
By taking part, you could potentially win €35,000 in treasury certificates. It’s not as much as you might win in the Euromillions or even Portugal Totoloto (the Portuguese lottery) but €35,000 could be a new car, a down payment on a house, or just a lot of nice trips around Portugal and abroad.
However, don’t start planning those trips or that house purchase just yet! The prizes are treasury certificates rather than cold, hard cash and these certificates can’t be cashed in until a year laterhttps://www.e-konomista.pt/fatura-da-sorte/.
The draw has been running since 2014. There are around 52 draws per year as well as two additional special draws, which usually take place in June and December (if they go ahead). These are known as extraordinary contests (concursos semestrais extraordinários) and the prize amount is slightly greater at €50,000.
The televised weekly draws take place every Thursday on RTPhttps://www.doutorfinancas.pt/financas-pessoais/fatura-da-sorte-como-funciona-e-como-participar/. You can see when the next draw is on the Portal das Finanças website. You don’t need to tune in every week to find out if you’ve won: the tax authorities will contact you by email or registered letter as well. However, it’s still worth keeping an eye on the numbers.
Need a NIF? This article explains how to get a NIF number.