
Originally Posted by
Motortrend
From PCSO's FAQ-
Requirements and Guidelines
-Simply bring your two (2) valid IDs and the Winning ticket/s to the PCSO Main Office 2nd Floor
-Present your winning ticket/s at the Prize Fund Division, Accounting and Budget Department. Affix your signature at the back of winning ticket/s to establish your absolute ownership. Fill up claim form
-Proceed to Treasury Department. Present your Authenticated winning ticket/s and approved claim form for immediate preparation of your check
-Have your check signed by the Chairman / General Manager. Then properly receive your winning prize / check at the Treasury Department
-Encash your check at the Philippine National Bank / Land Bank of the Philippines located at Ground Floor Sun Plaza Bldg. 1507 Shaw Blvd.
Conditions for Payment of Prizes
-Prizes shall be paid to the holder of share/s of a winning ticket upon presentation and surrender of the same, provided that the ticket/s is/are free from any mutilation, erasure or stain, making any number/s therein illegible, and provided further that no court injunction restraining the PCSO to pay is received before payment
-Prizes above 10,000.00 are subject to 20% tax pursuant to TRAIN Law