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Ireland Lottery doesn't have enough cash to pay €94m mystery winner

Jun 30, 2013, 9:14 am

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Euro MillionsEuro Millions: Ireland Lottery doesn't have enough cash to pay €94m mystery winnerRating:

The mystery winner of the €94m Euromillions jackpot is not expected to claim their prize until next week because the Ireland National Lottery does not have enough money in the bank to pay them.

As of close of business Thursday, the lucky holder of the winning ticket in Tuesday's Euromillions draw had not turned up at the National Lottery headquarters in Dublin.

That's unsurprising given that lottery officials said they won't have the money in the bank until next week, when all participating countries transfer their respective portions of the jackpot to the National Lottery's account.

The prize — half of the total €188m Euromillions jackpot shared with a winner in Belgium — is the second-largest lottery jackpot ever won in Ireland after former cleaner and mother-of-six Dolores McNamara picked all the winning numbers for a €115m jackpot in the Euromillions draw in 2005.

The new winner is losing out on a potential €3,450 a day in interest, based on a 2pc rate. But the winner can rest assured that once the money is banked, it will earn them €1.26m a year in interest alone — after tax.

But speculation as to the identity of the winner grew yesterday as rumours abounded that the ticket holder lives in Beaumont, or maybe Blanchardstown, in north Dublin.

If they do, they were keeping a low profile, as local councillors, publicans and business owners said they have heard nothing to back up the claims.

While National Lottery officials are still refusing to divulge where the winning ticket was bought, they did confirm that it was purchased somewhere in the greater Dublin area.

The winner rang the lottery office on Wednesday to confirm they have the golden ticket and it's understood that they were told to take a few days to let the life-changing news sink in.

"We're advising the winner to sign it and keep it in a safe place," a Lottery spokeswoman said.

And when the winner does eventually claim the prize, they will be given the standard "Winner Advice" booklet and DVD, which includes advice on security, dealing with charities, etc.

Irish Independent

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42 comments. Last comment 7 years ago by jamella724.
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whiteballz's avatar - Lottery-015.jpg
Nutley, New Jersey
United States
Member #131054
August 1, 2012
901 Posts
Offline

so instead of getting the money right now, the winner must wait until next week for all the money to be transfered over. Sounds like a non-story to me. In the US it takes about 4 weeks for the money to be made available to the jackpot winner.

.

    Romancandle's avatar - moon
    Upacreek
    United States
    Member #136302
    December 8, 2012
    431 Posts
    Offline

    I fell for the title of this article too... lousy "sensationalism".

    -RC

      joshuacloak's avatar - Money Swim-uncle-scrooge-mcduck-35997717-677-518.jpg

      United States
      Member #32536
      February 12, 2006
      707 Posts
      Offline

      so instead of getting the money right now, the winner must wait until next week for all the money to be transfered over. Sounds like a non-story to me. In the US it takes about 4 weeks for the money to be made available to the jackpot winner.

      i don't know where this 4 week thing came form in usa

      or even 3 weeks lie

      its just about 2 whole weeks

      ,  all in all 2 weeks for winners for winners of pb/mm to get the money as of winning date, NOT 4 weeks

      also this is form powerball FAQ

      HOW LONG DOES IT TAKE TO GET MY MONEY?

      It takes up to two weeks to collect the cash from the stores around the nation. If you go to the lottery to claim your prize after that two weeks, then, in many states, you can generally have the jackpot money (all cash or the first of the annual payments) hit your bank account the next day - maybe the following day if you come to the lottery office very late in the day. Some lotteries must work through the state system and that can delay the payment.

       

       

      that's why u have just under 2 weeks to get lawyers/ ever thing planned out and taken care of.

       

      anyone who waits to 3rd/4th week is losing money , but sense they now worth millions , i guest losing a few bucks don't bug people much at all

      so we have people who wait to  claim on 3/4th week and then everyone starts whole 3/4 week lie to get the money

      its just not true. and it cost people money who wait that long

       

      now for euro millions,  no clue how long it takes, Ireland Lottery could take 4 weeks, am clueless on that.

       

       

       

      2 weeks folks , not 3 and sure as hell not 4

      I liked the movie Titanic, my favorite character was the iceberg.

        dpoly1's avatar - driver
        PA
        United States
        Member #66139
        October 16, 2008
        1989 Posts
        Offline

        Sounds like our Federal Government! LOL

        Thud

        dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

         

        Eschew Poverty ........... Vote Conservative!

          Romancandle's avatar - moon
          Upacreek
          United States
          Member #136302
          December 8, 2012
          431 Posts
          Offline

          In IL... it's 4 to 6 weeks for anything over 25K... cut and paste straight from the IL website... got it from the web, so it must be trueLOL

          When do I receive my check?

          Claims up to $25,000 will generally be paid at the claim center on the same day. If your prize is over $25,000, your payment will be made within four to six weeks from your claim date and will be mailed to the address printed on your claim form.

          -RC

            luckyshoes's avatar - nw lady.jpg

            United States
            Member #79500
            September 2, 2009
            6579 Posts
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            Wasnt this an Andy Griffith episode?....town doesnt have enough money to pay the guy with the bonds?-lol

              hearsetrax's avatar - alien on_computer.jpg

              United States
              Member #52343
              May 21, 2007
              3285 Posts
              Offline

              Wasnt this an Andy Griffith episode?....town doesnt have enough money to pay the guy with the bonds?-lol

              and give the lady an exploding gag cigar Stooges

                Avatar
                Keokuk,Iowa
                United States
                Member #116500
                September 12, 2011
                305 Posts
                Offline

                That's always been my nightmare,to win the lottery and when i show up at lottery headquarters i'm told "Sorry,we don't have the money,your luck just went south".Then I wake up and swear I'll never buy another lottery ticket.Then I rush right out and buy two or three anyway.


                  United States
                  Member #116264
                  September 7, 2011
                  20244 Posts
                  Offline

                  Sounds like our Federal Government! LOL

                  Thud

                  Green laugh Sounds like something CA would say....... LOL. 


                    United States
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                    September 7, 2011
                    20244 Posts
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                    and give the lady an exploding gag cigar Stooges

                    Suppose the winner NEVER shows up anywhere ever again? Dead

                      maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
                      Massachusetts
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                      April 14, 2006
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                      I wouldn't mind waiting a week for €94M. I'd actually welcome the wait.

                      I love this line the most "But the winner can rest assured that once the money is banked, it will earn them €1.26m a year in interest alone — after tax."

                      That money's gone fo ever

                        sully16's avatar - sharan
                        25
                        Ringleader
                        Michigan
                        United States
                        Member #81738
                        October 28, 2009
                        75972 Posts
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                        oopsy, no soup for you!

                        US Flag


                          United States
                          Member #116264
                          September 7, 2011
                          20244 Posts
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                          I wouldn't mind waiting a week for €94M. I'd actually welcome the wait.

                          I love this line the most "But the winner can rest assured that once the money is banked, it will earn them €1.26m a year in interest alone — after tax."

                          Yeah, and they called it a "potential" interest rate return.

                            maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
                            Massachusetts
                            United States
                            Member #37432
                            April 14, 2006
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                            Yeah, and they called it a "potential" interest rate return.

                            Meaning it could be lower?

                            That money's gone fo ever