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£1 million EuroMillions prize goes unclaimed
All UK Lottery prizes are paid as a lump sum and are tax-free.
Of all money spent on National Lottery games:
50% goes to the prize fund.
28% to 'good causes' as set out by Parliament.
12% to the UK Government as duty.
5% to retailers as commissions.
5% to operator Camelot, with 4.5% to cover operating costs and 0.5% as profit.
Jun 28, 2015, 8:22 am - myturn - Lottery News
UK Lottery opens bidding for 10-year license
The United Kingdom National Lottery opened the competition for a ten-year license to run the operation on Thursday.
The license is currently held by Camelot, which has run the lottery under two licenses since its launch in 1994, and will also be bidding for this, the third.
Industry sources told Reuters on Thursday that Ladbroke and BSkyB were among a number of companies looking at how they might be involved, but it was early days.
Other companies that have shown an interest include Cab
Jun 29, 2006, 10:00 am - Todd - Lottery News
£1 million EuroMillions prize goes unclaimed
No, the money will benefit worthy causes.
This money, and all the interest earned over the 180 days, will now go to benefit projects all over the UK funded by The National Lottery.
Jun 23, 2015, 9:06 am - myturn - Lottery News
Hollywood stuntman in Harry Potter film celebrates magic $10.5M lottery win
Like many other ordinary people Miss Surtees, a divorced mother-of-five, was feeling the pinch and worrying how she was going to pay her 163 phone bill when the numbers she has faithfully been using for 14 years to play the National Lottery finally came up. She checked the results on Thursday morning on Teletext as she tried to get her youngest children ready for school.
I found this very funny when I read it in the UK Daily Mail. It's nice to know she is like many other ordinary people
Dec 16, 2008, 3:49 am - myturn - Lottery News
Loyal Staff Stays on the Job after Lottery Jackpot Win
Quote: Originally posted by mrmst on January 26, 2005fwlawrence: The key is IF you generate enough income - at 5% per annum (to keep the principal safe) you would only generate $50,000 per year - not enough to be confortable without working. Don't forget, if you don't work, you will have to pay your own medical benefits - that can get very expensive.Don't they have socialized healthcare in the UK? Also, are lottery winnnings in the UK taxed? All that could make a difference as to wether or not
Feb 15, 2005, 6:14 pm - tonyend - Lottery News
Four tickets win UK Lotto jackpot
Four lucky tickets have matched all six numbers drawn Saturday to win the 4.5 million (US$8.8 million) UK Lotto jackpot, according to National Lottery operator Camelot.The winning Lotto numbers were 5, 16, 22, 25, 27 and 30; the bonus ball was 33. The prize fund was 16.7 million (US$32.5 million).Draw machine Garnet and set of balls seven were used.The four winners will get 1.1 million (US$2.14 million) each while 16 ticketholders won 86,000 (US$167,461) each for matching 5 numbers and the
Dec 20, 2004, 8:29 am - Todd - Lottery News
Details of new Illinois Lottery manager deal kept secret
Instant tickets comprise the bulk of revenue for most lotteries now. There's lots of discussion of lottery drawings, balls verses RNG, etc. However, there's very little information regarding instant ticket vendors, how they're paid (often paid a percentage; potential conflict of interest), how tickets are distributed, top prize allocations, game closing procedures, etc.
In short, instant tickets is where a lottery can easily abuse the player and get away with it. I'd love to see Todd and/or o
Oct 4, 2017, 9:56 am - Ron5995 - Lottery News
Can a lottery win make you happy?
The first Euro Millions lottery draw takes place on Friday, with the prospect of multi-million pound jackpots. How do windfall winners come to grips with their newfound wealth - and does it make them happy? For the price of a newspaper and a chocolate bar, any one of us can buy into a multi-million pound dream. It is a dream that lottery operators are keen to sell to yet more of us with the launch of EuroMillions, a mega draw for the UK, France and Spain aimed at boosting our flagging interest i
Feb 12, 2004, 6:39 am - Todd - Lottery News
Lottery first-timer's $551,575 winner nearly ended up in trash
An Ireland man who bought his first-ever lottery ticket said the $551,575 winner nearly ended up in the trash at his local store.
The Dublin dad was thanking his lucky stars today in the Ireland National Lottery Winner's Room as he claimed his check for 500,000 (US$551,575), which was a top prize won in the EuroMillions Plus draw on Tuesday, October 8.
His winning Quick Pick ticket was bought at the Centra store on Grange Road in Rathfarnham, Dublin 14.
And he revealed that while he has
Oct 14, 2019, 8:27 pm - Todd - Lottery News
Lottery ticket frenzy as Euro Millions reaches record high
By Todd Northrop
Europe's multi-country Euro Millions lottery game emerged from Tuesday night's drawing without a grand prize winner, setting the stage for a mammoth record jackpot Friday: an estimated 185 Million (US$264.9 Million, or 166 million).
And Euro Millions jackpots are paid as cash not advertised annuity jackpots like the big American multi-state games.
If a single ticket wins the top prize, it will create the biggest winner in Europe ever.
To win a Euro Millions jackpot,
Jul 6, 2011, 11:13 am - Todd - Lottery News