Biggest euromillions jackpot uk
Oct 08, · A ticket bought in the UK has reportedly scooped the massive £ million Euromillions jackpot tonight - making the lucky punter who bought it the biggest ever lottery winner in the country. Sep 26, · A £MILLON EuroMillions jackpot could make a single ticket holder the UK's biggest ever lottery winner on Friday. The EuroMillions pot reached its . The latest EuroMillions win was on October 8th, After 18 consecutive rollovers a player from the UK matched all the numbers and claimed the entire capped jackpot of € million! This draw made EuroMillions history because the jackpot rolled 4 times after the cap was reached.
Engaging Account of the Largest Ever EuroMillions Jackpot Winner from UK
Unlike in the United States , where lottery wins are taxed, European jackpots are generally tax-free the lotteries themselves are taxed in other ways and jackpots are paid in a lump sum. List of U. Unsourced material may be challenged and removed. For example, a ticket with the number "" was printed times under different series numbers. They had planned on consulting a lawyer and a financial consultant in order to manage their colossal wealth. Weir remembers purchasing a total of 5 Lucky Dips coupons since the odds of winning had come down with a subsequent increase in the jackpot amount. Nevertheless, what are most likely to do even if you for a moment consider realizing that impossible dream?
UK ticket-holder claims £105m EuroMillions jackpot
The tickets for this drawing have pre-printed five-digit numbers, with each set of numbers sold multiple times in series. For example, a ticket with the number "" was printed times under different series numbers. This results in the top prize being split by a very big number of winners usually from different regions of Spain. However, the net for a major prize often is misleading; winners often owe the IRS upon filing a return because the Federal withholding was below the winner's tax obligations.
Nonresident U. While the largest lottery prizes in the early history of U. All prizes listed below are reported as the pre-withholdings amount, as this is taxable income the player must report on their returns to be subject to taxation. Jackpots and jackpot shares listed below are annuity amounts and the cash value. For various reasons, an annuitized jackpot can have a higher cash value than a larger annuity with a lower cash value.
Examples include the annuity structure of various games: while Mega Millions' and Powerball's annuity option each are 30 annual payments, Mega Millions' annuity payments increase 5 percent yearly, while Powerball increases 4 percent yearly; this makes the Mega Millions' annuity structure somewhat more "inflated".
List of U. Unlike in the United States , where lottery wins are taxed, European jackpots are generally tax-free the lotteries themselves are taxed in other ways and jackpots are paid in a lump sum. For example, in the United Kingdom 's National Lottery , wagers are split between the game operator Camelot Group and the government, with Camelot distributing its share among prizes, operating costs, profit,  Camelot's 'good causes' programme, with the remainder going to the government as value-added tax VAT due.
Ordinarily you, like most other National Lotto or EuroMillions ticket holders, may not cherish winning the jackpot even in your wildest dreams. Nevertheless, what are most likely to do even if you for a moment consider realizing that impossible dream? These are some of the things that Colin and Christine Weir did maybe not exactly in that order after the couple became the largest jackpot winners in UK lottery history on July 12, The numbers on one of their Lucky Dip tickets corresponded with the numbers picked out in the draw, 19, 38, 42, 45, and the 2 stars 9 and Eventually, they publicized their momentous win that allowed the print, electronic, and online media a sneak peek into their fairytale, jet-set life.
Celebrations for the Weirs started soon after the couple came back home following the press conference at Macdonald Inchyra Hotel in Polmont, close to Falkirk.
They went on to fund a youth association established and administered by the Patrick Thistle Football Club. Before their emphatic EuroMillions jackpot win, the Weir couple used to wine and dine at the local eatery at least thrice in a week splurging on an occasional Irn Bru or Coke.
Rather they planned to live life to the fullest by doing everything the jetsetters do. Colin used to work as a cameraman for STV News-Scottish news service-but called it a day at his job after winning the massive purse.
Christine Weir 60 was employed as a psychiatric nurse but resigned from her job, following the win. They had planned on consulting a lawyer and a financial consultant in order to manage their colossal wealth. They bought a more luxurious manor-Frognal House-in Troon in February They are at first position of our 5 biggest winners in the UK table. Weir remembers purchasing a total of 5 Lucky Dips coupons since the odds of winning had come down with a subsequent increase in the jackpot amount.
However this all changed in when the at the time President George Bush signed into law the Safe Ports Act which had attached to it a section making it illegal for banking institutions to allow their customers to send money to offshore gambling sites.
Before any US Citizen could quite easily gamble online, and using any Credit and Debit Cards to fund their gambling site accounts was easy. For more information on gambling laws and the history of regulations checkout our informative guide on US Gambling Laws. However this all changed in when US banking institutions immediately blocked these types of payments and this instantly made it very difficult for players and gamblers to send money to gambling sites.
Advertiser Disclosure. As the years have ticked by many individual US States have now taken a new look at online gambling sites and several of them have now put into place their own robust licensing and regulatory regime that allows for gambling sites located in certain US States to offer their services legally, once they have applied for and have been granted a gambling license, to anyone located within that States boundaries.
Do be aware however that there are still a huge number of offshore based bingo, poker, betting and casino sites that still cater for US based players, whilst sending money to those sites and being paid your winnings may take some time and doing, there are plenty of them available and as such you should carefully check where any gambling site is licensed and regulated before starting to gamble online, as you will have very little if any protection should you experience any kind of problems with an unlicensed, offshore based gambling site.
You will be at the mercy of the operators of any site if you choose to play at one based offshore, and there are never any guarantees at those sites that the game you will be accessing are fair. Ryan aka Knup has been writing sports betting content for over a decade now. He covers anything and everything related to United Stats sports including football, basketball, baseball, golf and more.