Take Advantage of the Jackpot Cap
The EuroMillions jackpot is capped at €200 million, with excess funds that would have been added to the top prize diverted to next-highest prize tier with any winners. While this technically doesn’t make you a jackpot winner, you could still pick up a seven-figure sum for matching five main numbers and one Lucky Star, and the odds of winning in this prize tier are just 1 in 6,991,908, compared with 1 in 139,838,160 for the jackpot.
On Friday 8th July 2011, six winners in the Match 5+1 tier won £3.3 million (€4.5 million) after the jackpot hit its then cap of €185 million.
Once the jackpot reaches €200 million, it can roll over four times before it either must be won or is rolled down into the next winning prize tier. During these rollovers, any excess funds that would have been added to the jackpot are also rolled down, bringing you a better chance of winning a life-changing prize without having to match all of the numbers drawn. See the Jackpot Cap page for more about how it works.
Powerball is an American lottery game sold in 44 jurisdictions as a shared jackpot game. It is coordinated by the Multi-State Lottery Association (MUSL), a non-profit organization formed by an agreement with lotteries.
Powerball is a game whose advertised jackpot starts at $40 million and can roll into hundreds of millions over many drawings. To play Powerball, players choose 5 numbers from a guess range of 1-69 and an additional number (the Powerball) from a different guessing range of 1-26. At the time of the lottery draw, the additional number (the Powerball) is drawn from a separate drum.
The additional number allows lottery players to win secondary prizes and is essential to complete the jackpot winning number selection. Players can pick their numbers manually, or have their numbers randomly chosen (Lucky Dip!). Additionally, players can choose a Subscription to ensure they never miss a draw.
Playing Powerball is playing one of the most popular national lotteries of the USA which takes place twice a week, on Wednesday and Saturday. Play Powerball now or check the Powerball latest results.
Mega Millions is one of the most famous lotteries in USA. To play Mega Millions, players choose five numbers from a guess range of 1-70 and an additional number, the Mega Ball, from a separate number matrix with a guess range of 1-25.
The additional number is required to win the Mega Millions jackpot, as well as for several secondary prizes from the lottery’s nine prize categories. Players can pick their numbers manually, or have their numbers randomly chosen (Lucky Dip!). Additionally, players can choose a Subscription to ensure they never miss a draw. Mega Millions jackpot starts at $40 million.
Playing Mega Millions is playing one of the most popular national lotteries of the USA which takes place twice a week, on Tuesday and Friday. Play Mega Millions now or check the Mega Millions latest results.
La Primitiva is one of the oldest lotteries, dating back to 1763 where the so called “Loteria Real” (Royal Lottery) was introduced by the king as the official Spanish lottery. In 2013, La Primitiva made its mark on the list of the world’s biggest lottery wins.
The La Primitiva is held on a weekly basis, every Thursday and Saturday in Spain. Just select 5 numbers from 1 to 45 and a key number (Reintegro) from 0 to 9. You will win a prize if you get at last three numbers right. If you only get the key number (Reintegro) right you will receive the amount played on the ticket. Draws take place at 9:00 pm (Spanish time).
Playing la Primitiva is playing one of the most popular national lotteries of Spain which takes place twice a week, on Thursday and Saturday. Play La Primitiva now or check the latest La Primitiva results.
My Bonus (Raffle)
A My Bonus code is automatically assigned for each Euromillions line played. To take part in the My Bonus draws, as well as the special Millionairs draw in which 25 winners* win € 1.000.000. The special EuroMillions Millionairs draws 4 times a year for 25 winners of € 1,000,000 each. Is there no winner? Then My Bonus draw a extra winner of € 1.000.000! My Bonus draws guarantee 600** extra winners of € 500 every week. There are also thousands of winners of € 10 several times a year.
* The number of winners per special Millionairs draw may vary and depends on what the participating EuroMillions countries decide together.** 200 winners on Tuesday and 400 winners on Friday.
One of the first big decisions facing a EuroMillions winner is whether to go public or not, and this is something you should think carefully about. It might be tempting to shout your news from the rooftops, or even do what US couple John and Lisa Robinson did when they won a share of the record Powerball jackpot in January 2016 and went on the Today show before their ticket had even been verified. Unsurprisingly, this is not the recommended course of action.
You will receive advice when you come forward on the merits of publicity vs anonymity, but ultimately it is your own decision. The majority of jackpot winners do keep their identities private, as they can then get on with their lives as normally as possible away from the spotlight of the media. However, you may feel an extra pressure in trying to keep such a big win secret and see ways in which you could make a difference by sharing your name. Chris and Colin Weir, winners of £161.6 million in 2011, would not have been able to make such a big contribution to good causes across Scotland with their Weir Charitable Trust if they did not have a public profile.
Many people pick significant dates for their EuroMillions numbers, a method that instantly limits you to only the first 31 main balls. If a number from 32 onwards is drawn, you will be unable to win the jackpot. There is also the added problem that if, by some chance, all the main numbers do come in below 31, you might have to share the prize with a larger than usual number of players due to the popularity of this system, diminishing any winnings you do receive.
An alternative is to use the door numbers of houses in which you have lived or even portions of loved ones’ telephone numbers, neither of which are limited to a certain range of values. You can still achieve some level of personal meaning with these numbers, but you won’t put yourself out of the running for the jackpot if a number in the 40s or high 30s is drawn.
UK Tax Implications
While there is no tax on lottery winnings in the UK, there are a number of important considerations to keep in mind if you are lucky enough to bank a substantial amount such as a EuroMillions jackpot.
Inheritance tax (IHT) is paid when a UK resident dies and their estate is worth more than £325,000. Everything above that threshold will be taxed at 40 percent. If you win a large EuroMillions prize and your estate exceeds the £325,000 valuation, you should be aware of the rules regarding IHT and how it will affect your heirs.
It is very common for big winners to want to share their jackpot in some way, but if you want to make a gift without paying tax you must meet one of the following criteria:
- Give the gift more than seven years before you die.
- Give the gift to your husband, wife, or civil partner.
- Give less than your annual allowance of £3,000.
The seven-year rule is in place to stop people from giving money away just before they die so that they can avoid IHT. As long as you live for at least seven years after making your gift, you can give as much as you want to whoever you want without it being liable for IHT.
If you were to die within seven years, the recipient would have to pay IHT based on a sliding scale. The rate of tax is the full 40% if there are less than three years between you giving your gift and dying, and then it goes down to 32% in years three to four, 24% in years four to five, 16% in years five to six and 8% if there are between six and seven years between your gift and your death.
Any gifts made to your spouse or civil partner are exempt from IHT, so it would not matter if you died within seven years. You can also give gifts to any registered charity without being liable for tax, along with some national organisations, such as the National Trust, universities or museums.
You can also take advantage of the £3,000 ‘gift allowance’ each year without incurring IHT. If you give away more than this amount and pass away within seven years, the recipient would have to pay tax. It is possible to carry over your leftover allowance from one tax year to the next, but only up to a maximum of £6,000.
Other Tax-free Gifts
You can also give smaller gifts of up to £250 to as many people as you want without them being subject to IHT, although this would not include anyone who has already received gifts totalling the whole £3,000 annual exemption.
Wedding gifts can also be exempt from IHT, but only if they are made before the wedding and there has to be proof that the marriage does go ahead. You can make wedding gifts of up to £5,000 to a child, £2,500 to a grandchild or great-grandchild or £1,000 to anyone else. You can also make gifts to help pay the living costs of an ex-spouse, an elderly dependent or a child.
Lottery rules in the UK stipulate that only one person can be paid a prize, so when playing in a syndicate it is essential to have a formal agreement in place to show to tax authorities. This will prove the money was not just a gift and that everyone is entitled to their share. Anyone playing in an informal syndicate should be aware that they may have to pay inheritance tax on the full amount if the syndicate leader dies within seven years of the prize money being shared.
Tax on Interest
Most people can earn some interest from their savings without paying tax, but this might not be the case if you win a large enough EuroMillions prize. While there is no tax on the initial sum paid into your account, it may be that the win starts to produce an income through interest. This will then be taxed as part of your normal income tax.
It is suggested that many people play the previous winning line in the following draw, hoping that the numbers will come up again. It is certainly possible; in September 2009, the same balls turned up in two consecutive draws of the Bulgarian national lottery. However, even if that did occur in EuroMillions, you would almost certainly have to split the prize a number of ways, receiving only a portion of the advertised amount.
Some people like to make their selections on the numbers that have appeared most often in the winning line, whilst others prefer to choose those that haven’t been drawn for the longest time, suggesting they may be due an appearance in the EuroMillions results. These are known as hot or cold numbers and you can find this information and more at the Statistics page.
Eurojackpot is a new transnational European lottery launched in March 2012. The jackpot will start at €10,000,000 and can roll over up to €90,000,000. The goal is to match 5 correct numbers out of 50 plus another 2 supplementary numbers out of another 10 (since the 4th of October 2014). Drawings are every Friday.
To play the Eurojackpot lotto, players first select five numbers from a guess range of 1-50 as well as two additional numbers from a separate guess range of 1-10. The additional numbers allow lottery players the possibility of winning supplementary prizes and are also essential to complete the jackpot winning numbers selection.
Players can pick their numbers manually, or have their numbers randomly chosen (Lucky Dip!). Additionally, players can choose a Subscription to ensure they never miss a draw.
Playing Eurojackpot is participating in the latest European lottery. Since March 2012, you can play EuroJackpot online every Friday with a minimum jackpot of at least 10 Million Euros guaranteed! Already bought a lottery ticket? Check the winning numbers online at ELS Lotto. Check the latest Eurojackpot lotto results.
Remember the Basics
It seems obvious, but you cannot win EuroMillions without buying a ticket. Once you have bought your tickets, you know that you have a chance of winning that jackpot. You really do have to be in it to win it.
Similarly, you can’t collect a prize if you do not check your ticket. Make sure you use the EuroMillions Ticket Checker soon after the draw takes place to see whether you have matched any numbers and if you are due a prize.
The advantage of playing EuroMillions online is that you are notified of any prizes you win on your tickets, and you can’t lose or damage them because your numbers are digitally connected to you in your player account.
Enjoy the Win
Whilst you should always think carefully about big purchases and investments and continuously monitor your bank account to make sure you are keeping on top of things, this is also your chance to live the dream. You bought that EuroMillions ticket in the hope of winning and now have an opportunity to live like few other people in the world, so make the most of it. Whether you want to buy new cars, homes or go to places you’ve never visited before, this is your chance.
If you want the chance to enjoy a big EuroMillions jackpot win, go to an authorised retailer in any participating country or choose numbers online now.