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Euromillions now at 157 Million.

Topic closed. 6 replies. Last post 4 years ago by LottoNick56.

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London
United Kingdom
Member #140684
March 24, 2013
566 Posts
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Posted: June 22, 2013, 1:13 am - IP Logged

Woah,

 

It rolled again now 4M off from the biggest ever Jackpot crazy.

 

Everyone buy your tickets.

 

 

GOOD LUCKParty

2016 Won/Lost

EuroMillions / Spent: £22 / Won £0 / Total -£22

UK Lotto / Spent: £4 / Won: £0 / Total: -£4

2016 Total: -£24

Jan: -£22 Feb: £0 ~ Mar: £0 ~ April: £0 ~ May: £0 ~ June: £0 ~ July: £2

 

EuroMillions = £2 Line / Played: x11 [old price] 

EuroMillions = £2.50 Line / Played: x0

UK Lotto = £2 Line / Played x2

    helpmewin's avatar - dandy
    u$a
    United States
    Member #106665
    February 22, 2011
    19964 Posts
    Offline
    Posted: June 22, 2013, 1:34 am - IP Logged

    i'm get me tickets tomorrow Beaver 

      whiteballz's avatar - Lottery-015.jpg
      Nutley, New Jersey
      United States
      Member #131058
      August 1, 2012
      875 Posts
      Offline
      Posted: June 22, 2013, 2:04 am - IP Logged

      The Euromillions is currently 157 million British pounds or about 242.8 million US dollars. If one person in the UK wins this jackpot, they will take home more money than Powerball winner Gloria Mackenzie.

      Gloria Mackenzie won a lump sum of 370.8 million US dollars before federal income tax. Take 39.6% away for income tax and she'll be left with about 222.8 million US dollars.

      If one person in the UK wins the Euromillions, they will take home 242.8 million US dollars because the UK does not tax lottery winnings.

      As a matter of fact all prizes for the Euromillions, including the jackpot, are tax free for all European countries (except in Switzerland, Spain and Portugal since 2013) and are paid as a lump sum.

      On the other hand, Powerball and Mega Millions are advertized as annuities and the winner is responsible for federal income tax and possibly state income tax as well.

      The Euromillions is a great deal for you Josh if you win, good luck!

      .

        ThatScaryChick's avatar - x1MqPuM
        Idaho
        United States
        Member #56506
        November 21, 2007
        6537 Posts
        Offline
        Posted: June 22, 2013, 2:47 am - IP Logged

        That is definitely a big jackpot. Good luck to whoever is playing it.

        "No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."

          Teddi's avatar - Lottery-008.jpg

          United States
          Member #142499
          May 13, 2013
          1203 Posts
          Offline
          Posted: June 22, 2013, 8:46 am - IP Logged

          The Euromillions is currently 157 million British pounds or about 242.8 million US dollars. If one person in the UK wins this jackpot, they will take home more money than Powerball winner Gloria Mackenzie.

          Gloria Mackenzie won a lump sum of 370.8 million US dollars before federal income tax. Take 39.6% away for income tax and she'll be left with about 222.8 million US dollars.

          If one person in the UK wins the Euromillions, they will take home 242.8 million US dollars because the UK does not tax lottery winnings.

          As a matter of fact all prizes for the Euromillions, including the jackpot, are tax free for all European countries (except in Switzerland, Spain and Portugal since 2013) and are paid as a lump sum.

          On the other hand, Powerball and Mega Millions are advertized as annuities and the winner is responsible for federal income tax and possibly state income tax as well.

          The Euromillions is a great deal for you Josh if you win, good luck!

          And that's the way it should be. Advertize an amount, give that amount. The annuity vs lump sum amount is all smoke and mirrors nonsense. 

           

           

          GOOD LUCK, JOSH!!!!!!!!!!!

          Drumroll    Drum

          I might wake up early and go running.  I might also wake up and win the lottery.

          The odds are about the same.

            savagegoose's avatar - ProfilePho
            adelaide sa
            Australia
            Member #37136
            April 11, 2006
            3316 Posts
            Offline
            Posted: June 22, 2013, 10:44 am - IP Logged

            maybe   peopl should look at the lotto as a capital gains event, everyone with a losing ticket should claim %100 capital loss on their taxes ... ie ea  dollar lost is a loss, aganst any gains.   the winner would claim  gains on the $1 invested. makes more sense than  treating it as income.

             

            then if the capita gains is re invested isnt there a roll over period where you have no need to pay capital gains if the money is re invested?

            2014 = -1016; 2015= -1409; 2016  = -1171; 2017 = ?  TOT =  -3596

            keno historic = -2291 ; 2015= -603; 2016= -424; 2017 = ? TOT = - 3318

              LottoNick56's avatar - Lottery-031.jpg
              Tampa, FL
              United States
              Member #121764
              January 16, 2012
              188 Posts
              Offline
              Posted: June 22, 2013, 3:02 pm - IP Logged

              Woah,

               

              It rolled again now 4M off from the biggest ever Jackpot crazy.

               

              Everyone buy your tickets.

               

               

              GOOD LUCKParty

              No way am I paying $8.00 for a ticket online lol

              Powerball is only $2.00 and its jackpot is large enough for me right now lol

              Heck, MegaMillions and the Florida Lotto both have jackpots large enough for me right now and they are only $1.00.

               

              Good luck to all the Europeans and those playing online from around the world!

              ...Someone's going to win eventually...

              ...Never know, could be me...