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Anonymous UK winner claims £122 million EuroMillions jackpot

Apr 12, 2021, 9:10 am

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Euro MillionsEuro Millions: Anonymous UK winner claims £122 million EuroMillions jackpotRating:

An anonymous EuroMillions ticket holder has become the United Kingdom's fifth-biggest National Lottery winner after their £122 million (US$168 million) jackpot prize was paid out.

Lottery operator Camelot UK Lotteries Limited announced on Friday it had validated and paid out the prize of £122,550,350.80, the jackpot from the EuroMillions draw on April 2.

Unless the winner signs an agreement for full publicity, no further information can be released about their win.

Camelot's Andy Carter, senior winners' adviser at the National Lottery, said, "We're delighted that we've now been able to validate the claim and pay out this amazing EuroMillions jackpot prize to the lucky ticket-holder.

"This lucky ticket-holder has now officially become the fifth biggest ever UK National Lottery winner and we hope that they will enjoy their win.

"In the current situation, we're encouraging everyone to check their tickets online at national-lottery.co.uk or by downloading the National Lottery app, and to only buy and check their tickets in retail in line with government guidance.

"Playing online via the website or app means that your ticket is checked, and you get an email notification if you win a prize. You can also scan your retail tickets on the National Lottery app to check if you're a winner."

The highest ever UK winner claimed a jackpot of £170 million in October 2019, but chose to stay anonymous.

Colin Weir and wife Chris, from Largs in North Ayrshire, claimed the second highest prize — £161 million — in July 2011.

The couple set up the Weir Charitable Trust and made a donation to a community football club in Largs before Mr. Weir's death in 2019 after a short illness.

Adrian and Gillian Bayford, from Suffolk, took home more than £148 million in August 2012 and the fourth highest UK winner — who took home £123 million — also remained anonymous.

The record for the highest amount ever won on EuroMillions was set in February this year when a Swiss player took home €210 million, the equivalent of more than US$250 million.

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24 comments. Last comment 5 months ago by Bleudog101.
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Northern Beaches
Australia
Member #187034
January 9, 2018
148 Posts
Offline

All UK National Lottery prize money is tax free!

    Avatar
    Simpsonville
    United States
    Member #163182
    January 22, 2015
    2687 Posts
    Offline

    Life is good!   Can stay anonymous and tax free....something the Feds here should consider---not going to happen--taxes I'm referring to.

      Unlucky-Kenny's avatar - Cigar B1.gif
      WISCONSIN
      United States
      Member #202055
      November 7, 2019
      2007 Posts
      Offline

      All UK National Lottery prize money is tax free!

      Can't even imagine!

      Its like you lose 1/2 when you win here! haha!

      Ol' Kenny is going to win big just a loser

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        Unlucky-Kenny's avatar - Cigar B1.gif
        WISCONSIN
        United States
        Member #202055
        November 7, 2019
        2007 Posts
        Offline

        Life is good!   Can stay anonymous and tax free....something the Feds here should consider---not going to happen--taxes I'm referring to.

        Would be nice - but like you said...not going to happen

        Confused

        They tried to pass anonymous in my state a while ago for big winners - never went anywhere.

        Ol' Kenny is going to win big just a loser

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          Avatar
          Simpsonville
          United States
          Member #163182
          January 22, 2015
          2687 Posts
          Offline

          Can't even imagine!

          Its like you lose 1/2 when you win here! haha!

          Tried to send an email to Rep Titus of NV....it asked for zipcode and said I was out of her district.

           

          So typed up a letter for a facsimile and sent it that way.   Thanking her and Cong LaHood's (IL) proposal to increase the IRS tax threshold on slot/bingo wins to $5K from $1200.   I mentioned wish it would apply to lotteries because as best I know other countries don't tax winnings.

            Unlucky-Kenny's avatar - Cigar B1.gif
            WISCONSIN
            United States
            Member #202055
            November 7, 2019
            2007 Posts
            Offline

            Tried to send an email to Rep Titus of NV....it asked for zipcode and said I was out of her district.

             

            So typed up a letter for a facsimile and sent it that way.   Thanking her and Cong LaHood's (IL) proposal to increase the IRS tax threshold on slot/bingo wins to $5K from $1200.   I mentioned wish it would apply to lotteries because as best I know other countries don't tax winnings.

            The profit the state makes is not enough off of ticket sales - they need more back from the taxes too

            LOL

            But in the end though - if it means a win - I will be happy to pay.

            Ol' Kenny is going to win big just a loser

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              Avatar
              * In hot pursuit of $ *
              White Shores- California
              United States
              Member #136471
              December 12, 2012
              6721 Posts
              Offline

              All UK National Lottery prize money is tax free!

              The lottery going tax free in the US is never gonna happen. The US budget is $4.8 Trillion, as small as those lottery jackpots payouts are compared to..that money has to come from somewhere, which is why Uncle Sam leaves no stone unturned.

               * Voice of Reason *   

              * The Truth Hurts *

              People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.

                Avatar
                Kentucky
                United States
                Member #32651
                February 14, 2006
                9231 Posts
                Offline

                The lottery going tax free in the US is never gonna happen. The US budget is $4.8 Trillion, as small as those lottery jackpots payouts are compared to..that money has to come from somewhere, which is why Uncle Sam leaves no stone unturned.

                I Agree!

                Hopefully one of these days a few lottery players that don't understand there is no National United States Lottery will figure why lottery winnings over $600 are taxed as "certain gambling winnings" Or better yet win enough to get a W-2G and have your tax guy explain it to you. What's the difference between earning $400,000 a year pay taxes and someone winning the same amount from a lottery? 

                Don't get me started on why PB and MM are not part of a "national lottery".

                It's not my fault! I voted for Amy.

                  Avatar
                  Simpsonville
                  United States
                  Member #163182
                  January 22, 2015
                  2687 Posts
                  Offline

                  It is my understanding that lottery taxes don't kick in until it is over $1199???    I had cashed a ticket for $5K @ a regional office and I was the one held responsible to pay the taxes---not them.  Since it was a store they probably are not equipped for that.

                  At Derby City Gaming, with its VLT since it is 'illegal' to have slot machines in KY they skirt the law by having old horse races determine payouts and the tax structure is beyond me.

                  Today Congressman La Hoop will get a facsimile from me about his proposal and my support to change slot winning threshold from $1200 to $5K as it should be.   Read about how the AGA successfully fought and prevented the IRS from moving the tax threshold down to $600.

                  As for your statement of taxes on winnings over $600, KLC will get a private message about that.   IDK since my winnings have been $600 or that one win over $1200.  Ironically the W-2G arrived the very next day.

                    Avatar
                    Simpsonville
                    United States
                    Member #163182
                    January 22, 2015
                    2687 Posts
                    Offline

                    Stack 47...you are 100% correct and I'm mad as h--l.   Why would they tax winnings over $601 like the KLC just told me?   That just isn't right.   The reason I brought up tax rate for slot wins is that IMHO the tax rate should apply the same for all, slots, bingo, lotto.   You'd think, NAPL I believe it is, would petition the Treasury Dept to get the IRS to change the lotto wins to $1200 (at least) and above as taxable.  Lobbyists for the lotteries....where are you???

                      Avatar
                      Simpsonville
                      United States
                      Member #163182
                      January 22, 2015
                      2687 Posts
                      Offline

                      Stack 47...you are 100% correct and I'm mad as h--l.   Why would they tax winnings over $601 like the KLC just told me?   That just isn't right.   The reason I brought up tax rate for slot wins is that IMHO the tax rate should apply the same for all, slots, bingo, lotto.   You'd think, NAPL I believe it is, would petition the Treasury Dept to get the IRS to change the lotto wins to $1200 (at least) and above as taxable.  Lobbyists for the lotteries....where are you???

                      There....facsimile just sent to Rep. LaHood, co-sponsor of bill for the Treasury Dept to increase the taxable limit on slot machine wins.    Don't worry guys, will be working on the lottery lobbyists are next when I feel like it.  This injustice needs to be fixed too.

                        Avatar
                        Kentucky
                        United States
                        Member #32651
                        February 14, 2006
                        9231 Posts
                        Offline

                        Stack 47...you are 100% correct and I'm mad as h--l.   Why would they tax winnings over $601 like the KLC just told me?   That just isn't right.   The reason I brought up tax rate for slot wins is that IMHO the tax rate should apply the same for all, slots, bingo, lotto.   You'd think, NAPL I believe it is, would petition the Treasury Dept to get the IRS to change the lotto wins to $1200 (at least) and above as taxable.  Lobbyists for the lotteries....where are you???

                        There are a couple states that don't take state tax from lottery winnings, but I'm not sure how that works because most state taxes are based from a IRS form 1040 line that includes the lottery winnings.

                        The "over $600" clause has been in the IRS code for years and I believe before many of the state lotteries existed. The rule applies to horse and greyhound racing too.

                        FYI, Lahood two years ago lead an effort to stop France from targeting and taxing U.S. companies, but considering he voted against the last stimulus package sort of doubt he'll propose something to help racing and lottery players.

                        It's not my fault! I voted for Amy.

                          Avatar
                          NY
                          United States
                          Member #23834
                          October 16, 2005
                          4444 Posts
                          Offline

                          "I was the one held responsible to pay the taxes---not them."

                          Winners are always the ones who  pay the taxes. In this case you were the one who had to send the money because the money towards taxes wasn't withheld. It's really no different than other taxable income -  some money may be withheld, but eventually you find out what the total bill is and either you send more money or you get some back.

                          "Why would they tax winnings over $601 like the KLC just told me?"

                          All gambling winnings are taxable income. Winning $4 by matching the Power Ball gives you $4 of taxable income that you're supposed to report, and if you itemize deductions you can deduct the $2 cost of the ticket. The only thing that varies is the threshold for reporting the payout to the IRS. I've got no idea why it varies or why a state  would win an argument over it. Obviously the IRS knows that virtually nobody is going to report winnings that weren't already reported, but 1. it would be wildly impractical to report the millions and millions of small prizes that are won, and 2. they know that few of the people who win those small prizes have a net profit.

                          "there is no National United States Lottery"

                          I've never figured out why so many people don't get that, either. There's obviously a very good argument that states shouldn't tax winnings from their own lotteries, because they already skimmed 40 or 50% off the top as soon as you bought the ticket. The federal government, OTOH, has absolutely nothing to do with it, and the only relevant characteristic of gambling income is that it's income.

                            Avatar
                            Simpsonville
                            United States
                            Member #163182
                            January 22, 2015
                            2687 Posts
                            Offline

                            There are a couple states that don't take state tax from lottery winnings, but I'm not sure how that works because most state taxes are based from a IRS form 1040 line that includes the lottery winnings.

                            The "over $600" clause has been in the IRS code for years and I believe before many of the state lotteries existed. The rule applies to horse and greyhound racing too.

                            FYI, Lahood two years ago lead an effort to stop France from targeting and taxing U.S. companies, but considering he voted against the last stimulus package sort of doubt he'll propose something to help racing and lottery players.

                            Seems like one gets nickel and dimed to death anymore.

                             

                            Have looked up NAPL phone # and may call them to see if there are any lobbyists.   Biggest problem is with all the chaos inside the Beltway our cause would most likely get shelved.   Do you think it is even worth pursuing, Stack 47.