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Would you play Euromillions if it was available in the US?

Topic closed. 15 replies. Last post 2 years ago by aux8b.

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New York
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Posted: July 19, 2014, 2:21 pm - IP Logged

       I just wonder what do you think about Euromillions? I think it is more balanced than Powerball.

The odds of winning the jackpot is 1 in 116 million

the odds of winning the second prize is about 1 in 6 million

Overall Odds is 1 in 13

    whiteballz's avatar - Lottery-015.jpg
    Nutley, New Jersey
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    Posted: July 19, 2014, 3:29 pm - IP Logged

    I wish Euromillions was available in the US. More choices are always good. What I like about the Euromillions is the advertised amount is the cash value not like the US where it's the annuity. Another advantage with the Euromillions is the winnings are tax free.

    .

      HoLeeKau's avatar - YheaShea
      Idaho
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      Posted: July 19, 2014, 3:36 pm - IP Logged

      I wish Euromillions was available in the US. More choices are always good. What I like about the Euromillions is the advertised amount is the cash value not like the US where it's the annuity. Another advantage with the Euromillions is the winnings are tax free.

      If you win it while living in the US, I'm pretty sure you have to pay taxes on it.  Someone correct me if I'm wrong.

        RJOh's avatar - chipmunk
        mid-Ohio
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        Posted: July 19, 2014, 5:01 pm - IP Logged

        I wish Euromillions was available in the US. More choices are always good. What I like about the Euromillions is the advertised amount is the cash value not like the US where it's the annuity. Another advantage with the Euromillions is the winnings are tax free.

        It's only tax free for Europeans.  If you won it and lived in the US then you would have to pay taxes.

         * you don't need to buy more tickets, just buy a winning ticket * 
           
                     Evil Looking       

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          Posted: July 19, 2014, 5:56 pm - IP Logged

          The parimutual prizes in Euromillions are very good. They don't keep excess of money to themselves, instead they give it out to public. I love it.

            RJOh's avatar - chipmunk
            mid-Ohio
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            Posted: July 20, 2014, 7:08 pm - IP Logged

            The parimutual prizes in Euromillions are very good. They don't keep excess of money to themselves, instead they give it out to public. I love it.

            The grass always looks greener on the other side of the fence.  It only looks as green on this side of the fence if you win one of the top prizes.

             * you don't need to buy more tickets, just buy a winning ticket * 
               
                         Evil Looking       

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              Happyland
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              Posted: July 20, 2014, 7:12 pm - IP Logged

              There is actually an ongoing effort to try to bring Euromillions and OZ Lotto to the U.S. and Powerball and Mega Millions to Europe and Australia. But no luck so far. I think the current cross-border interstate laws makes it too complicated.

              If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
              If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

              2016: -48.28% (13 tickets) ||
              P&L % = Total Win($)/Total Wager($) - 1

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                Posted: July 20, 2014, 7:42 pm - IP Logged

                The grass always looks greener on the other side of the fence.  It only looks as green on this side of the fence if you win one of the top prizes.

                Well, the other side of the fence offers more than a twice better overall odds than Powerball.

                 

                I do not wanna complain, but why US lotteries much worse than European ones?

                  rcbbuckeye's avatar - Lottery-043.jpg
                  Texas
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                  Posted: July 21, 2014, 10:33 am - IP Logged

                  Well, the other side of the fence offers more than a twice better overall odds than Powerball.

                   

                  I do not wanna complain, but why US lotteries much worse than European ones?

                  I would probably throw a buck at the European games if I could.

                  Why are US lotteries much worse? It's probably perspective.

                  Remembering back to that old beer commercial, "why ask why".

                  CAN'T WIN IF YOU'RE NOT IN

                  A DOLLAR AND A DREAM (OR $2)

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                    Chief Bottle Washer
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                    Posted: July 21, 2014, 10:37 am - IP Logged

                    It's only tax free for Europeans.  If you won it and lived in the US then you would have to pay taxes.

                    Of course if you won €100 million in cash, perhaps you would no longer live the US, and would not pay taxes.  Or maybe there are some ways to minimize taxes depending how where and how you keep the money offshore.  A good tax attorney would be a must in order to minimize taxes.

                     

                    Check the State Lottery Report Card
                    What grade did your lottery earn?

                     

                    Sign the Petition for True Lottery Drawings
                    Help eliminate computerized drawings!

                      RJOh's avatar - chipmunk
                      mid-Ohio
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                      Posted: July 21, 2014, 11:19 am - IP Logged

                      Of course if you won €100 million in cash, perhaps you would no longer live the US, and would not pay taxes.  Or maybe there are some ways to minimize taxes depending how where and how you keep the money offshore.  A good tax attorney would be a must in order to minimize taxes.

                      Problem is most lottery winners don't think about taxes until after they've won and by then it's too late to change what their situation was when they won.  Even locally when winners live in cities that tax large lottery winnings, it too late to change their address and avoid that additional 1-2% tax burden.

                       * you don't need to buy more tickets, just buy a winning ticket * 
                         
                                   Evil Looking       

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                        Posted: July 27, 2014, 11:42 am - IP Logged

                        I started to play Euromillions online via intermediary.

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                          Posted: July 27, 2014, 11:49 am - IP Logged

                          I would definitely play it, if it were to ever come across the pond... 

                                                                       

                                                                         "  When Injustice Becomes Law, Resistance Becomes Duty "

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                            Ohio
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                            Posted: July 27, 2014, 2:36 pm - IP Logged

                            I would play it also.  I would like to be able to play those, the El Gordo, and other states onine also.  It would be great if someday it would be possible.

                              ThatScaryChick's avatar - x1MqPuM
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                              Posted: July 27, 2014, 3:11 pm - IP Logged

                              I would also probably buy a couple of tickets.

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