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Spanish lottery player wins €123M Euro Millions jackpot

Euro MillionsEuro Millions: Spanish lottery player wins €123M Euro Millions jackpot
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By Todd Northrop

One lucky lottery ticket sold in Spain won the entire €123 million (US$174 million) jackpot in the Friday Euro Millions drawing.

The mega jackpot became so large so fast because the 11 countries participating in Euro Millions boosted the grand prize to €100 million this week to promote the new Tuesday drawings.  When no ticket matched all five numbers plus the two lucky stars Tuesday, the jackpot grew to €123 million Friday.

"This huge jackpot has been really exciting for players all over the UK and Europe," a spokesman for the UK National Lottery said.  "Even though a UK player wasn't lucky enough to scoop the big one this time, Euro Millions Millionaire Raffle has created two millionaires here in the UK this week."

In the United Kingdom, Euro Millions players are automatically entered in a raffle drawing that is guaranteed to produce two winners of £1 million (US$1.6 million) each week.  In the UK, tickets for Euro Millions cost £2 (US$3.24) each.

"With a second Euro Millions draw now on Tuesdays, players have two chances a week to win a life-changing prize, as well as boosting returns to the Good Causes in the process," the UK lottery spokesman explained.

The winning numbers for the Friday, May 13, Euro Millions drawing were 9, 11, 17, 36, and 47, with Lucky Stars numbers 1 and 2.  One ticket sold in Spain was the only ticket to match all five numbers plus the two lucky stars to win the jackpot.

Euro Millions also offers 12 ways to win non-jackpot prizes ranging from approximately £2.50 to £250,000 (US$4.05 to US$405,000).  The non-jackpot prizes vary by country and are pari-mutuel (based on number of tickets sold and number of winners in each prize category).

Lottery players from around the world can participate in any Euro Millions drawing through Lottery Post's lottery service partner.  This month, a player using the service won a $250,000 Mega Millions prize.

Tuesday's Euro Millions jackpot reverts back to the customary starting point of €15 million (US$21.2 million).

Lottery Post Staff

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25 comments. Last comment 6 years ago by HaveABall.
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dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
Oklahoma
United States
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November 12, 2009
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Posted: May 14, 2011, 8:23 am - IP Logged

Congrats to the winner......Hurray!

    HaveABall's avatar - rocket

    United States
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    March 18, 2009
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    Posted: May 14, 2011, 10:39 am - IP Logged

    Congratulations!!! I have a feeling that the winner is an American who bought this sole jackpot winning ticket last week from <snip> above link; with their agent purchasing the ticket, on their behalf, at a retailer in Spain.

    If this is correct, does anybody know the jackpot percentage that <snip> will keep as their "share"? Also, does anyone know if the American winner will have to pay more than the U.S.A. Federal's max Income Tax rate of 35% plus their max hometown/resident State Income Tax rate?  Lastly, what additional "foreigner" tax charge will the American jackpot winner have to pay to the country of Spain; since they are the lottery ticket purchased location origin? 

    Thanks, in advance, for sharing your hard-to-obtain know-how, please provide sources if possible ... Conehead

    This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

    Having several millions of dollars in my financial accounts means receiving several valuable services each day!

    Disney

      OwlCreekBridge's avatar - Lottery-031.jpg
      lottoville
      United States
      Member #95474
      August 11, 2010
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      Posted: May 14, 2011, 11:06 am - IP Logged

      Congratulations!!! I have a feeling that the winner is an American who bought this sole jackpot winning ticket last week from <snip> above link; with their agent purchasing the ticket, on their behalf, at a retailer in Spain.

      If this is correct, does anybody know the jackpot percentage that <snip> will keep as their "share"? Also, does anyone know if the American winner will have to pay more than the U.S.A. Federal's max Income Tax rate of 35% plus their max hometown/resident State Income Tax rate?  Lastly, what additional "foreigner" tax charge will the American jackpot winner have to pay to the country of Spain; since they are the lottery ticket purchased location origin? 

      Thanks, in advance, for sharing your hard-to-obtain know-how, please provide sources if possible ... Conehead

      This post has been automatically changed by the Lottery Post computer system to remove inappropriate content and/or spam.

      if an American citizen won, he or she would have to pay the max federal income tax, as you mentioned 35%, plus state income tax. No, they won't have to pay taxes from Spain. According to wikipedia, the only country in Europe that taxes Euro Millions winnings is Switzerland.

      If I was the winner, I'd collect the money anonymously, move to a tax friendly country and then renounce American citizenship. No way I'm giving the IRS $60+ million for something they had no part in whatsoever but then again, that's just me.

        rdgrnr's avatar - walt
        Way back up in them dadgum hills, son!
        United States
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        April 28, 2009
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        Posted: May 14, 2011, 3:43 pm - IP Logged

        I hope it was Manuel.

        He's from Barcelona.


                                                     
                             
                                                 

         

         

         

         

                                                                                                           

        "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                    --Edmund Burke

         

         


          United States
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          Posted: May 14, 2011, 4:33 pm - IP Logged

          if an American citizen won, he or she would have to pay the max federal income tax, as you mentioned 35%, plus state income tax. No, they won't have to pay taxes from Spain. According to wikipedia, the only country in Europe that taxes Euro Millions winnings is Switzerland.

          If I was the winner, I'd collect the money anonymously, move to a tax friendly country and then renounce American citizenship. No way I'm giving the IRS $60+ million for something they had no part in whatsoever but then again, that's just me.

          Before someone jump all over me, I know the tax law ,but it would seem winning money this way would leave the USA taxes out but who am I to say they have no part in this winning.Bang Head

            rdgrnr's avatar - walt
            Way back up in them dadgum hills, son!
            United States
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            April 28, 2009
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            Posted: May 14, 2011, 4:44 pm - IP Logged

            Before someone jump all over me, I know the tax law ,but it would seem winning money this way would leave the USA taxes out but who am I to say they have no part in this winning.Bang Head

            The government needs all that money to pay for that "free" healthcare now, Louise.

            You don't want to deny anyone healthcare now, do you?   No No


                                                         
                                 
                                                     

             

             

             

             

                                                                                                               

            "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                        --Edmund Burke

             

             

              OwlCreekBridge's avatar - Lottery-031.jpg
              lottoville
              United States
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              Posted: May 14, 2011, 5:41 pm - IP Logged

              Before someone jump all over me, I know the tax law ,but it would seem winning money this way would leave the USA taxes out but who am I to say they have no part in this winning.Bang Head

              as long as you are an American citizen the IRS feels they get a cut of any income you make from wherever the source, even if you are living in another country while you made the income.

              US citizens are taxed by their citizenship not by their residency. Look up "Expatriation Tax" on google if you don't believe me.

              "Unlike most countries, the United States taxes its citizens on worldwide income, whether or not they are resident in the United States" source wikipedia

              That means if you ever go to Canada and win money there, you must report that income to the IRS because the IRS considers it taxable income.

              If I ever win a jackpot like 123 million euro, I'd kiss the USA good-bye. The standard of living here is one of the best in the world but like I wrote in an earlier post, the tax bill would be well over $60 million, and I could have a high standard of living somewhere else and save myself $60 million. Plus, in principal, I think the IRS is wrong to tax me on money I made outside the US. Not saying everyone should do this, make your own choices.

                James1's avatar - 5599078405 12a562a9e7_t.jpg
                Florida
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                January 14, 2011
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                Posted: May 14, 2011, 9:08 pm - IP Logged

                Id leave USA first flight and denounce citizenship immediately. even if it was only $1 million bucks

                2014 Highest Winner: $500

                  time*treat's avatar - radar

                  United States
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                  March 30, 2005
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                  Posted: May 14, 2011, 9:59 pm - IP Logged

                  Id leave USA first flight and denounce citizenship immediately. even if it was only $1 million bucks

                  Plenty of people still here denounce it. They still gotta pay. LOL

                  In neo-conned Amerika, bank robs you.
                  Alcohol, Tobacco, and Firearms should be the name of a convenience store, not a govnoment agency.

                    savagegoose's avatar - ProfilePho
                    adelaide sa
                    Australia
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                    April 11, 2006
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                    Posted: May 15, 2011, 7:17 am - IP Logged

                    i wonder if extradition is avail for tax evasion?

                    2014 = -1016; 2015= -1409; 2016 JAN = -106; FEB= -81; MAR= -131; APR= - 87: MAY= -91; JUN= -39; JUL=-134; AUG= -124; SEP = -123; OCT= -84  NOV=- 73 TOT= -3498

                    keno historic = -2291 ; 2015= -603; 2016= JAN=-32, FEB= +12 , MAR= -86, APR = -77. MAY= -48, JUN= -29, JUL=-71; AUG = -52; SEPT= -43; OCT = +56 NOV = -33 TOT= -3297

                      sully16's avatar - sharan
                      Ringleader
                      Michigan
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                      Posted: May 15, 2011, 7:22 am - IP Logged

                      Congrats to the winner, ENJOY.Sun Smiley

                      Did you exchange a walk on part in the war ?

                      For a lead role in a cage?

                       

                                                                  From Pink Floyd's " Wish you were here"

                        OwlCreekBridge's avatar - Lottery-031.jpg
                        lottoville
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                        Posted: May 15, 2011, 8:11 pm - IP Logged

                        i wonder if extradition is avail for tax evasion?

                        depends on the country. Most countries in the world tax their citizens only on the income made from their country, so it wouldn't be a crime in most countries. The main reason a country would extradite someone for this would not be on principle but only to appease the US.

                        If I were ever in a position to do something like this, I'd move to a country that doesn't care what the US thinks about them, a country that isn't the US's b......

                        On another subject, Australia's Saturday lotto is going to be 30 mil in July, I think this would be my best opportunity to win millions abroad.

                          Avatar

                          United States
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                          Posted: May 15, 2011, 10:05 pm - IP Logged

                          IRS :Nigthmare for its citizens

                            rdgrnr's avatar - walt
                            Way back up in them dadgum hills, son!
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                            April 28, 2009
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                            Posted: May 15, 2011, 10:24 pm - IP Logged

                            IRS :Nigthmare for its citizens

                            Hey Goombadi! Eh Cumpari!


                                                                         
                                                 
                                                                     

                             

                             

                             

                             

                                                                                                                               

                            "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                        --Edmund Burke