EuroMillions Taxes vs Other Lotteries
EuroMillions offers some of the largest jackpots in the world, and the fact that prizes are not taxed in six of the nine countries makes it stand out even more in comparison with some of the other big lotteries.
American games such as Powerball and Mega Millions, for example, have tax obligations at both a state and federal level, so although these games regularly offer the biggest jackpots out of any lottery in the world, the payouts can end up significantly lower than the pre-draw estimate.
New Yorkers suffer heavier taxes than anyone else in the U.S. In August 2018, one player from the state won a Powerball jackpot advertised at $245.6 million, but they ended up walking away with a significantly lower sum. They opted to take a cash lump sum of $147 million, which worked out as a final payout of $99.4 million – around 40% of the advertised jackpot – after taxes had been deducted.
In EuroMillions, you will be given the specified amount with no deductions if you play in a country which does not tax winnings, such as the UK. The UK player who anonymously claimed £121 million in April 2018, for example, received a much larger payout than the $245 million Powerball winner, even though at first glance it would seem they had not won as much.
Good Causes by Country
View information about Good Causes for the following EuroMillions countries:
UK
In the UK, 28p from every £1 spent on National Lottery games, including EuroMillions, is set aside for good causes. More than £40 billion has been raised since the National Lottery began, with over £30 million per week being added to the Good Causes Fund.
More than half a million awards have been granted to projects across the UK, and the figure keeps rising sharply each year. The funds collected are distributed by a number of bodies, covering four main categories – Sports, Arts, Heritage, and Health Education, Environment and Charitable Causes.
The money is split proportionally as set out by the Department for Culture, Media and Sport:
Austria
Austrian lotteries, which runs EuroMillions in Austria, has been sponsoring good causes under the motto of ‘good for Austria’ since 1986. Austria’s Olympic and Paralympic Committees have been backed by funds raised through lottery games in Austria. A range of other humanitarian and research projects have also benefited, while money has been raised to help the protection of pandas, lynx and bearded vultures.
Belgium
The Belgian National Lottery is committed to helping various good causes and offers grants and sponsorships to a host of projects. A total of €185.3 million was made available for public service grants in 2016, split between 61.95% for humanitarian and social work, 27.44% for donations to the community, 6.5% for culture, 2.92% for sport and 1.19% for science.
France
Lotery, the French National Lottery, is committed to developing athletes with sponsorship programmes, providing social support through sport and helping disabled people access sports. It achieves these aims through funds from games like EuroMillions, which are distributed by the lottery’s foundation. The company also sponsors the Française des Jeux professional cycling team, which was founded in 1997.
Ireland
More than €5 billion has been raised for good causes since the Irish National Lottery began in 1987, and approximately 30% of the funds generated from games such as EuroMillions are donated to worthy projects. The money is distributed across the country, supporting local initiatives and larger organisations such as the CROCUS Centre for people with cancer, the Dyslexia Association and the Asthma Society.
Luxembourg
The net profit on all Luxembourg lottery games, including EuroMillions, is donated to good causes in the fields of health, sport, culture, social issues and the environment. The Nationale Grande-Duchesse Charlotte is responsible for distributing the grants on behalf of the lottery and has awarded almost €220 million to date, with beneficiaries including the Luxembourg Red Cross, the National Cultural Fund.
Portugal
The Portuguese Department of Games runs lotteries such as EuroMillions and donates the majority of net income to government departments who distribute the funds in the areas of health, sport, culture and social issues. Of the money provided for beneficiaries across Portugal and its islands, 28% is pledged to Santa Casa Misericordia de Lisboa, a charity dating from the 15th century which runs hospitals and other health centres, as well as supporting a wide range of other projects.
Spain
Loterias y Apuestas del Estado allocates its profits to an array of good causes devoted to social issues, sport, culture, education and the environment. Some of the charitable organisations to benefit from funds from EuroMillions and other lottery games are the Spanish Association Against Cancer, the Olympic Sports Association and San Ildefonso Primary School.
Switzerland
There are two official lottery operators in Switzerland – Swisslos and Loterie Romande. Swisslos supports national sports programmes such as the Olympic team and youth development in football, whilst also focusing on the German-speaking cantons of Switzerland and Ticino across sectors such as culture, sport, social issues and the environment. Loterie Romande provides support for good causes in the French-speaking cantons, benefiting the areas of sport, social action, education, health, culture, research, heritage, the environment and tourism.
Mega Millions. results. How to play
22 October 2013 the first edition of the game in a modern format with record, by the way, jackpots.
How to play Mega Millions?
The player must choose 5 numbers from 75 for ordinary white balls, then you need to place a bet on the so-called golden ball (one of fifteen numbers) . Besides, there is an option with a Megaplator, which increases all winnings, except for the jackpot, five times. for example, winning 10 thousand dollars and having a megaplator, you get everything 50 000. Not bad, isn't it true?
How to win the Megamillions jackpot?
Like other lotteries, there are also several prize categories here. let's consider, how much you can win and how many numbers are correct. Examples below:
- 5+0 — 1 million. dollars
- 4+1 — 5 thousand. dollars
- 4+0 — 500 dollars
- 3+1 — 50 dollars
- 3+0 — 7 dollars
- 2+1 — 5 dollars
- 1+1 — 2 dollars
- 0+1 — 1 dollars
***Note: the first digit is the number of guessed digits on the white balls (from to 5), second (which comes after the "+" sign is the number of guessed digits on the golden ball (from to 1).
Megamillions - lottery with record jackpots
50% all sales go towards the prize, unlike other lotteries, where a much smaller proportion of the money raised is allocated to winners. Winning the lottery isn't that hard, as it seems. Now you are just reading this information, but you just have to decide, to buy a ticket, place a bet and ... who knows, may be, all your dreams will come true after the next draw? The minimum jackpot is 15 million USD and increases by 5 million. after every game, if not ripped off. The last lucky ones, who took the whole amount, were in 2013 year, and the lottery is held twice a week. What do you think, what is the jackpot amount now?
One winner with one ticket in hand
Increase the chances, by buying several tickets at once, can, and even recommended. However, don't fill them in the same way. Since if at once all your tickets get the jackpot, you can pick up, Alas, only one maximum prize. Fill lottery tickets differently, take risks! If all your tickets win some bets, you can pick up only one!
Mega Million Lottery. Winners
The jackpot has never been hit in the format 575 and 115, but once in a warm March 2012 of the year, three lucky people at once shared a huge jackpot and received 174 million dollars in cash. Winnings went to Maryland, Kansas and Illinois. What do you think, you can hit such a jackpot? Just buy a ticket and try your luck!
