September: Record Lottery Jackpot – 4 – Europe Lotteries

  by: admin - Category: lottery online

Unlike in the United States, where lottery wins are taxed, and the full winnings are paid by an annuity over a period of many years or a reduced lump-sum amount is offered, European jackpots are generally tax-free (the lotteries themselves are taxed in other ways) and the winning jackpot is paid out immediately in one lump sum.

* SuperEnalotto is Italy’s largest lottery. On August 22, 2009, the jackpot was finally won. Since January 31, 2009, nobody had won the jackpot. The total prize money was € 147,807,299.08 (US$ 211,807,859.58) for a player of Bagnone (Toscana). This is Europe’s biggest jackpot for a single winner.

* EuroMillions is a pan-European lottery, with odds of 1 in 76,275,360 and a minimum jackpot of €15 million ($21 million U.S. dollars).