Almost any country in the world has its own national lottery. It’s a great way to provide its residents with entertainment, while gathering resources to fund closely monitored public projects. However, over the years the need for international lotteries emerged.
The EuroMillions lottery was conceived, being the highest paying, the most lucrative to play lottery on the grounds of Europe. It’s the equivalent of the popular US lottery MegaMillions. The EuroMillions attracts millions of players on a weekly basis, which means the jackpot is quickly propelled to sky high figures.
The EuroMillions – Europe’s Finest Lottery
EuroMillions rules are pretty straightforward as any lottery player will get the hang of them in no time. Many players tunnel vision on the jackpot only, without considering the game’s rules. This is a bad starting point, because you might miss out on other more profitable lotteries. Fortunately, you can go wrong with the EuroMillions, mainly because the best features of Europe’s lotteries are pooled together to create one, all-inclusive lottery.
Any player has the chance to become one of the world’s richest people by taking part in the lottery. 9 digit jackpots are a common thing, which cannot say about the individual national lotteries Europe countries have to offer. Another great thing about the EuroMillions is that the jackpot wins are TAX FREE, unlike its US counterparts where players have to pay up to 35% in taxes overall. Note, winners from Swtizerland, Portugal and Spain still have to pay taxes on their winnings.
EuroMillions – History & Background
Thanks to the Internet technology, it became an easy to access transnational lottery. It was first introduced in 2004 by the UK, the French and Spanish lotteries. Soon after the initial introduction other lotteries joined their ranks such as Austria, Belgium, Ireland, Luxembourg, Portugal and Switzerland.
The EuroMillions is one of the few lotteries in the world which officially can be played in multiple currencies, including GBP and the EUR. We call it Europe’s finest lottery because it truly is the best lottery in Europe.
When Does the EuroMillions Take Place?
There are two draws per week. One is held on Tuesdays and the other on Fridays. Make sure you’re in front of your TV at 20:45 CET if you want to watch the draw live. The magic happens in Paris, but it is broadcasted online in case you want to be among the first to find out if you’re a winner.
Of course, it’s not mandatory to follow the draw live, you can simply check your results when they become available on the official website, or when your online lottery ticket seller provides them if applicable.
Most passionate players who focus on the EuroMillions primarily prefer watching it live so they can truly experience the thrill of the lottery.
What is the Highest EuroMillions Jackpot Distributed?
First and foremost, don’t be fooled by the number because this jackpot was tax free. Online lottery players have grown accustomed to seeing $500,000,000 in the US, but they’re not aware that almost half of this sum will go to taxes and other expenses. If we do the math, EuroMillions is a worthy competitor of the biggest global lotteries.
The biggest ever also the current record EuroMillions jackpot was distributed in October of 2014, weighing €190,000,000. This jackpot went to a player from Portugal, who decided to stay anonymous.
What is the EuroMillions Trust?
Many lottery winners do not claim the lottery prize immediately, instead they usually take their time to consult with accountants and lawyers to find out more about their responsibilities. The operator has established a separate trust bank account to protect the winner’s funds in case of insolvency.
It has happened to other lottery operators in the past, when the company goes on a downward spiral. All winners who have not claimed their winnings are left empty handed. Fortunately, this cannot happen if you win the EuroMillions and you decide to take your time as well, which is highly recommended.
This is just a testament of how reliable, professional and trustworthy the EuroMillions is. Transparency and fairness are among their top two principles of operation and management.
How Much Does an EuroMillions Ticket Cost?
Because this is a transnational lottery, different pricing applies. Here’s a breakdown of the price of one common EuroMillions ticket:
- Austria - €2.20
- Belgium - €2.50
- Ireland - €2.50
- Luxembourg - €2.50
- Portugal - €2.50
- Spain - €2.50
- Switzerland – CHF3.50
- UK - £2.50
There were minor deviations from the aforementioned prices, but with the changes that took place in Sepmteber 2016, most of the prices were evened out. Players from Austria have an advantage over their counterparts from other countries, €0.30 per every ticket they buy.
The EuroMillions tickets are more expensive than the common lottery ticket. However, by paying the extra price you get the privilege to play one of the most prestigious lotteries in the world.