Lottery Reality Matters

EuroMillions Lottery

The EuroMillions lotto was initially formulated by the national lotteries of France, Spain and the UK and was launched in early February 2004. The initial Euro Millions lottery draw occurred on Friday the 13th of February 2004 in Paris. The United Kingdom, France and Spain were the only European states involved to begin with but lotteries from Austria, Belgium, the Republic of Ireland, Luxembourg, Portugal and Switzerland then signed up to the draw on the 8th of October 2004.

The EuroMillions lottery or the Euro lottery, as it is frequently known, gathers a percentage of all ticket revenues of the 9 participating European nations presenting a mammoth Euro Millions lottery jackpot. With the amount of nations joining the European Union rising, this will without a doubt lead to new countries signing up to the Euro Millions lotto. An increase in the quantity of individuals playing the EuroMillions lotto will lead to a further increase in the already considerable jackpots.

How To Play The Euro Millions Lottery
Every player must choose 5 main numbers from 1 to 50 and 2 "Lucky Star" numbers from 1 to 9. As the draw takes place, 5 main and 2 lucky star numbers are then pulled out at random from two draw machines containing numbered balls.

How Much Does It Cost?
A regular Euro Millions ticket costs €2.00, or €3.00 if a player opts for the "Plus" option; however, this extra is only available in the Republic of Ireland. This €2.00 ticket fee is exactly the same in all the participating EuroMillions countries. In the UK, it is the equivalent in pounds Sterling although, having said that, it has been fixed at £1.50 since the launch of EuroMillions in 2004. In Switzerland it is the equivalent in Swiss francs although here to it has remained the same prize of 3.20 CHF since the draw began.

Euro Millions Prize Breakdown
The probability of picking up the Euro Millions lottery jackpot is a far-off 1 in 76 million but the odds of winning any prize is a fairly decent 1 in 24. If the jackpot is not won in a given week, it is carried forward to the following week which leads to an ever growing EuroMillions prize fund. New rules introduced on the 9th of February 2007 limit the amount of successive "rollovers" to eleven, with the jackpot rolling down to lower prize levels in the eleventh draw if the prize is not won.

The new rules also established EuroMillions "Super Draws" which take place twice every year and present jackpots in the region of £100 million. The difference with "Super Draws" is that the jackpot must be won during the week of the draw; consequently, if there is no ticket matching all the drawn numbers then the jackpot will be paid out to the next tier in the prize structure.

Notable Euro Millions Wins

In February 2008, the "Super Draw" jackpot of €130 million was collected by sixteen individuals who matched the 5 main numbers and 1 "Lucky Star" number.
On 10 August 2007, a forty year old ex-Royal Mail postal officer from Scotland secured a Euro lottery jackpot of €52.6 million. Up till now, this is the biggest lottery win ever in the United Kingdom.
On 17 November 2006, having rolled over eleven times, the Euro Millions jackpot reached €183 million and was divided among 20 blessed ticket holders.

EuroMillions Playing Options
Typically, to partake in the EuroMillions you have to pick up your ticket from a lottery retailer in one of the nine participating member nations. However, with the launch of lottery ticket sales agents you can now purchase your requisite amount of Euro Millions lotto tickets on the internet regardless of where you reside around the world. If you are seeking a boost in your odds of winning the Euro Millions, you may like to reflect on signing up to one of e-Lottery’s Euro Millions syndicates. As an e-Lottery syndicate member you receive a thirty-six times greater prospect of winning the jackpot when compared to all those people purchasing tickets in the normal manner. With e-Lottery there are very few geographic barriers to becoming a member and as a result the existing membership of 195,000 consists of persons from no less than 133 countries.

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Do You Want To Form Your Own Lottery Syndicate

e-Lottery Syndicate System An incredible amount of money is spent every week on lottery tickets by people who hope to win the jackpot, but the truth is, the odds of winning are miniscule; and that applies to any lottery in the world. Taking the UK lottery for example, there is a 1 in 13,983,816 likelihood of winning that lottery and even longer odds of winning the European lottery, which stands at 1 in 76,275,360. Though you are more lightly to win a small prize on the European lottery!

Now, you are able to put those odds in your favour if say you share the cost together with some friends, work colleagues or even family members. That’s ok! But how many times have you read or seen on the TV news accounts of people who have won the lotto when being part of a syndicate then only to deny it and then attempt to keep all the winnings for themselves. They may have bought the ticket/tickets themselves or perhaps not! Wouldn’t it have been so much simpler if they entered into an official syndicate contract and saved all the inconvenience? You’ll be able to download a syndicate agreement from the UK National lottery website at: www.national-lottery.co.uk

Thus, if you have ever considered whether to set up a lottery syndicate, here are a few useful hints for you:

Accumulate your syndicate members together and choose your weekly spend. One or more of the members might prefer to spend a lot more than the others, in which case they would purchase double or triple entries then obtain twice or triple the percentage of whatever profits there are.

Choose somebody to manage the syndicate: this would plainly have to be a person that’s dependable, well-organized and trustworthy! They’ll have to be responsible for gathering the ticket numbers and buying the tickets. You must not forget that the tickets will have to be bought in the manager’s name and you will be altogether reliant on them to pay out your profits - therefore decide with wisdom!

Also, you’ll need to draw up a lottery syndicate contract then have it witnessed, signed and stamp dated by all the players. Syndicate contracts are downloadable from the internet as mentioned earlier but sadly they will not assist you if your syndicate manager was last seen boarding an aircraft to the Bahamas with all your winnings. That said, syndicate contracts are a valuable precaution because they lay down the conditions of your agreement in writing.

Getting the agreement signed and witnessed by all members is very valuable in as much as it allows for members to stipulate what will happen with their percentage of the winnings if they die. If prepared correctly, any portion of the cash meant for the deceased member can be equally divided between the remaining members or passed on to their estate if that is what their will stated! A very significant point here is if the agreement can be demonstrated to have been signed in advance of the winning draw, if so, the prize will be free of death duty as the law currently stands.

The agreement should also include the syndicate policy since it is this that will take precedence, if a member doesn’t pay up on time. Will they relinquish whatever winnings they think they are entitled, or will there be some period of grace?

How much notification must each player give to leave the syndicate? What is the group policy on publicity in the case of them hitting the jackpot? This may represent some major problem if they are not in agreement beforehand with a couple of members wanting their fifteen minutes of glory and having their pictures in the newspapers and others preferring to continue completely anonymous, some not even wanting their family and friends to know they have scooped the jackpot!

These are all factors which require discussion from all parties and must be considered beforehand to head off any problems that may arise afterwards.

Setting up a lottery syndicate can be a lot of hard work not to mention the responsibility! So why bother? You can join a professional e-lottery syndicate like the one offered by VWD! They were established in 2002 and have over 195,000 members world wide playing the EuroMillions and UK Lotto! They have the results!

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