$111 million EuroMillions jackpot won in Ireland

Comment #24

HaveABall — Wed, 24 Sep 2014 19:45:28 GMT

Hi Skibunnylk, my comment wasn't about an Ireland Legal Citizen's Income Taxes. Just their way higher 40% Savings Interest/Dividends Taxes.

Anyhow, in regards to Ireland's Legal Citizen Income Taxes, at 51% Income Tax Rate, they still pay more than 95% of U.S. of A. Legal Citizen Income Tax payers.

I don't know if Ireland Residents (legal, illegal or visa) additionally pay a Sales Tax and Food Tax when purchasing items at a local store.

Cheers mate

Comment #23

myturn — Wed, 24 Sep 2014 03:21:21 GMT

Deposit Interest Retention Tax

Deposit Interest Retention Tax (D.I.R.T.), at the rate of 41% (from the 1st January 2014) is deducted at source by deposit takers (e.g. banks, building societies, Credit Unions, Post Office Savings Bank, etc.) from interest paid or credited on deposits of Irish residents.

Irish Revenue

Comment #22

Skibunnylk — Tue, 23 Sep 2014 18:36:14 GMT

I can't argue with that

Comment #21

Scratch$ — Tue, 23 Sep 2014 18:21:57 GMT

A 4000 square foot house on 5 acres would suit me just fine

Comment #20

Skibunnylk — Tue, 23 Sep 2014 18:20:37 GMT

Many banks in Europe charge you to keep your own money in their bank.

Comment #19

Skibunnylk — Tue, 23 Sep 2014 18:19:28 GMT

A nice parcel would be my 2nd choice if I couldn't find an ideal existing home.

Comment #18

Skibunnylk — Tue, 23 Sep 2014 18:17:35 GMT

Our federal government is pretty close with a top tier rate of 39.6% but you may also have to factor in the states cut if you happen to live in a state that charges an income tax.

Comment #17

JackpotWanna — Tue, 23 Sep 2014 12:35:40 GMT

Awesome win

Comment #16

myturn — Tue, 23 Sep 2014 05:40:58 GMT

At least the winner will be able to remain anonymous, which should make it easier to manage the money.

Comment #15

mikeintexas — Tue, 23 Sep 2014 00:39:39 GMT

You got that right. It's been a while since I checked, but even jumbo 5-yr. CDs don't pay much more than that. I haven't taken out a loan in a long time, either, but there's sure a big difference on what you get for keeping money in a bank and what you have to pay for borrowing some. I know a business has to make a profit, but...I guess they have us over a barrel. Oh well, at least it's better than a pawn shop. Here in Texas if you pawn something for less than $200, the interest rate is 240%. (1... [ More ]

Comment #14

HaveABall — Mon, 22 Sep 2014 23:52:05 GMT

Congratulations EuroMillions BIG jackpot winner(s)!

Wow, Ireland legal citizen savers sure do get punished in Ireland! If this citizen invests their savings, Ireland's federal government gets a 40% cut of interest earned each year

Comment #13

helpmewin — Mon, 22 Sep 2014 20:58:20 GMT

Congratulations to the Winners

Comment #12

music* — Mon, 22 Sep 2014 19:16:04 GMT

I hope they get all their ducks in line before coming forward. Patience is needed here.

Comment #11

dallascowboyfan — Mon, 22 Sep 2014 18:23:58 GMT

Congratulation to the winner/s....

Comment #10

RedStang — Mon, 22 Sep 2014 17:53:12 GMT

You can buy this one 2 hours from me.https://www.youtube.com/watch?v=3AzyuOmEhrw

Comment #9

hearsetrax — Mon, 22 Sep 2014 17:52:40 GMT

no castle for me either, but I'd love to find a nice swatch of land to build on

Comment #8

RedStang — Mon, 22 Sep 2014 17:48:55 GMT

Maybe some Irish spring soap will help me win the powerball.

Comment #7

Skibunnylk — Mon, 22 Sep 2014 16:30:30 GMT

No castle for me as I would settle for a moderate custom built home in a nice safe and secure neighborhood.

Comment #6

shadowlady — Mon, 22 Sep 2014 15:34:39 GMT

If I won a large jackpot, I too would love to buy a castle.

Congratulations to the winners. Hope they are able to manage their win well.

Comment #5

RJOh — Mon, 22 Sep 2014 15:30:30 GMT

With PowerBall at $225M you have a chance at winning that opportunity if you really want it. At $2/chance I'll pass on it.

Comment #4

ThatScaryChick — Mon, 22 Sep 2014 14:59:20 GMT

A very nice jackpot! Congrats to whoever won it.

Comment #3

myturn — Mon, 22 Sep 2014 14:22:16 GMT

It s been their family estate for 350 years, but yesterday the Cooper family confirmed that they are selling Markree Castle, one of Co Sligo s most historic houses. The price tag is believed to be 3.1 million.

I read the above article in an Irish newspaper, if I was lucky enough to win a massive jackpot, I would buy such a castle to renovate and turn into a hotel.

Discounts for lotterypost members

Comment #2

Drenick1 — Mon, 22 Sep 2014 14:17:20 GMT

1.55% is 6 times higher than the current interest rate of .25% being paid at most U.S. banks.

$1.7 million before taxes being paid on the principal each year is something most of us could live with.

Comment #1

Lottery Playa — Mon, 22 Sep 2014 12:46:29 GMT

For the EuroMillions we wait until the person has time to come forward, given the size of the jackpots and the amount of money that they win, and give them time to come to terms with that, a spokesperson said.

I WOULD LOVE TO HAVE THE OPPORTUNITY TO COME 2 TERMS WITH THAT

$111 million EuroMillions jackpot won in Ireland

Lottery Post — Mon, 22 Sep 2014 11:37:26 GMT

The hunt is on for Ireland's latest lottery millionaire after one winner hit the jackpot in the multi-country Euro Millions lottery game.

There was one winner of the EuroMillions Jackpot, a National Lottery spokesperson said.

The winning ticket was sold in Ireland.

The winning EuroMillions numbers on Friday, September 19, 2014, were 6, 8, 34, 38, and 48 and the two Lucky Stars were 3 and 9. The jackpot was worth 86.7 million, which equates to $111.3 million in US Dollars.

The win... [ More ]