EuroMillions Superdraw is back!

EuroMillion super-draw gives you a chance to win 130 million pounds on 15th September. Read on for more on Euromillions super draw.

For the first time in four draws, EuroMillions jackpots were won on 1st September for the third time in 4 draws. The jackpot was won by a French player taking the overall winners by country tally to 87. Since its inception in 2004, French players have dominated the jackpot winners pool followed closely by Spain.

For the 1st September draw, the Lucky Stars were 5 & 8 and the winning numbers were 3, 7, 8, 14 and 19.Three other participants,  from Portugal, Spain and UK, matched the five winning numbers and one lucky star to win €344,019 each. Another 5 participants matched the 5 winning numbers to take home €48,075 each.

Prizes won ranged from €4 for 2 matching numbers to €2,672 for 4 matching numbers plus 2 lucky stars.

As it currently stands, France has 5 more jackpot winners over any other country participating in EuroMillions. Spain has a total of 82 winners while UK and Portugal have 68 and 66 winners respectively.

Over the last few weeks, there has been an amazing run of winners after the £40.5 million was landed by yet another French player on 22nd August. A UK player scooped €17 million in the following draw.

This month is expected to be the crescendo of the excitement with the €130 million super draw slated for 15th September. There are a couple of more draws before the super draw.

The 15th September event offers a guaranteed top prize of about £115 million. You may be wondering how the numbers can be known in advance and what it means for the draws in between but we have the answers for you.

How do you know the jackpot top prize?

It is worth noting that the 15th event will be a super-draw. A super draw is the mother of all draws. Other draws that have been taking place throughout the year are just to give players a chance to win lower jackpots before the super-draw. Generally, all countries participating in the draw agree on when a super-draw should be scheduled and a guaranteed jackpot is advertised. Eventually, the top prize is then magnified to match the advertised amount. The size of the previous draw does not come into play as far as the super-draw is concerned.

Can the top prize be won in other preceding draws?

Yes. However, it does not matter whether the jackpot is won in any other draw prior to the super-draw. The top prize will always be raised to match the advertised amount. Therefore, even if the jackpot is won before 15th September, there will still be a €130 million super-draw.

The funds for a super-draw are drawn from the booster fund. The EuroMillions Booster Fund receives 4.8% of the common prize fund. The booster fund ensures that there is always enough money for the €17 million minimum jackpot. To participate in the super-draw, you can either buy a ticket from an authorized dealer or you can just choose your numbers online

Lotteries in Medieval Times

When you think of the lottery, you probably think of scratch-off games and live TV lotto drawings. However, the truth is that lotteries have a long history. They are mentioned in the Old Testament and were also held by Roman Emperors. Roman games of chance were very similar to our idea of a lottery, with guests having to pay a fee for the opportunity to win a prize. In fact, under Emperor Nero, prizes included slaves and ships.

As the Roman Empire began to decline, later Emperors more or less forgot about lotteries, but they never went away completely. In the Middle Ages, one of the first examples of lottery-like games were the commercial sweepstakes held by Italian merchants in the 15th century. Government lotteries were also used as a kind of substitute for taxation in medieval Italy, with Milan holding a lottery to organize its war against Venice.

Perhaps the earliest medieval examples of what we think of like a lottery today can be found in the Low Countries, modern-day Belgium, and the Netherlands. In the 13th century Flanders, lotteries were used to allotting spaces in markets, and certain public officials were also selected by lottery. However, lotteries in their more modern sense first appeared in Utrecht and Ghent during the 1440s as a way to raise money for fortifications. An even more ambitious lottery was held in Brussels in 1515. Over time, private lotteries came to be outlawed, and the Dutch, or “class” lottery developed. A class lottery is a lottery in which tickets are drawn in certain series and increase in value as you move up each series.

The type of lottery we call lotto dates back to 16th century Italy when Genoa chose members of the city council from the roster of 90 senators through a lottery. The public began betting on the outcome of these elections, which took place twice a year. As the demand for these games increased, the names of the senators were replaced by the numbers 1-90. This game became known as Lotto or Semenaiu and is one of the direct predecessors to modern state lotteries.

Private lotteries were common in England in the 16th century. In fact, the Virginia Company’s founding of Jamestown, Virginia, was funded by such a private lottery in 1612. These lotteries were conducted by brokers, who were appointed by the government to sell tickets by the government, and subdivided the tickets into shares. These lottery agents were in effect the first stockbrokers since these lotteries funded many business ventures. However, the first English lottery goes back to the reign of Queen Elizabeth I, who held the first lotteries in the 1560s to pay for public improvements and to improve her military forces. Elizabeth’s lottery amounted to a loan since the prize values equaled the amount raised.Lotteries in M

The History of Lottery

History Of Lottery
A lottery is a drawing of numbers for a prize, also a form of legalized gambling. In fact, the lottery originates from the Chinese way back in 205-187 BC. The money spent on those tickets were used to finance government projects like The Great Wall Of China. In European lottery was each guests drawing a number the winner received a fancy item. In their case, every ticket was a winner.
Then the first people that started selling the ticket’s were the Roman’s. In this case, the government again used the money to repair Rome. The 15th century was the first record of these lottery tickets for sale to win money for the prize. The Netherlands used ticket money as a way to raise money for the poor in the 17th century. In 1449 the Italian’s caught on to the lottery and seen it a good way to raise money for the war.

Early modern history, 1539-1789, in France they too discovered lotteries and used them to fund state finances. In England, 1566-1826, Queen Elizabeth used the lottery for winners to be given a prize. King James in the United States, 1612-1900, used a lottery to help the settlers. Lottery tickets played a huge role in financing libraries, roads, churches, and colleges.

President Benjamin Franklin used lottery money to purchase cannons. Lottery hit German soil in 1614. Germany offered a ‘pick 6 out of 49’ game. In Australia, the first lottery in their towns was in the 1800’s. The lottery was established in India in 1967. In 2003 Tamil Nadu government banned the lottery.
In Israel, 1951, they used the lottery to build hospitals. Japan used the lottery money for the second World War to procure war expenses. Mexican lottery known as Loteria used the money to help people get jobs. In 1874, the first lottery in Thailand was based on a kings birthday. 44 states and three territories operate state lottery in the United States.
The probability of winning the lottery in a pick 6 out of 49 lotto game is 1 in 13,983,816. Mega Millions multi-state lottery in the United States pick 5 out of 75 and Powerball pick 1 out of 15 chances of winning are 1 in 258,890,850. In Italy, the odds of winning are 1 in 622,614,630 in SuperEnalotto which players must match 6 out of 90 numbers
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Lottery scams do exist, scams where people tell another person they won but must pay a fee or forfeit. In the United States payment of prize is a lump sum. Winner chooses a lump sum payment or annuity payment. An annuity payment is often a period of 20 to 30 years

What is a Lotto or Lottery Syndicate?

About Lotto Syndicates

There have been news articles about groups of workers or friends creating lottery syndicates. They get lucky and win the lottery or jackpot, splitting it among the members of the pool. There are many examples of this phenomenon. In 2013, 12 UK bus drivers won a £38 million lottery, each member of the pool pocketed over £3 million. As of March 2017, two syndicates in Dublin have cashed in on large lotteries. One syndicate composed of staff in a supermarket won €12.8 million. Another syndicate bought a ticket at a gas station and pocketed a whopping €88 million. The largest payout for a syndicate was in Maryland where the Three Amigos won a third of the $656 million jackpot; they divided the $218.6 million three ways.

 

Are there a maximum number of people or tickets allowed in a syndicate?

If you are looking to create your own syndicate then you can include as many players as you want and buy as many tickets as you want. The greater the number of tickets, the better your chances of winning a prize, although if you have a particularly large amount of people the winnings will be smaller and the syndicate may be harder to manage.

 

These examples make one consider whether joining a syndicate is worth the investment. Syndicates have their benefits and drawbacks compared to buying tickets individually. This article will explore both the advantages and disadvantages of buying lottery tickets in a syndicate.

 

Why Play in an Online Lotto Syndicate?

Syndicates offer one main advantage, pooling one’s resources with those of other players increases the probability of winning the jackpot and other high paying prizes. As an example, if one buys an Oz Lotto ticket individually, they have a 1 in 45.38 million chance of winning, however, if the same individual joined a syndicate that buys 100 tickets weekly, they would increase their chance of winning significantly. Syndicates also allow a player to recoup their investment more frequently. Players in syndicates usually score wins in the lower low paying divisions. This reduces the cost of investing in the lottery.
The most significant drawback of syndicates is pretty obvious. One will never win the full jackpot. Any winnings that are won have to be shared amongst all members of the syndicate. This situation also affects the payouts from medium wins e.g. if a syndicate with 12 members wins $12000, each member would only pocket $1000. Another subtle issue that goes unnoticed is that syndicates reduce the probability of being ahead in a single draw. Playing in a syndicate reduces the chances of winning a large prize for a single draw. This scenario arises because syndicates eliminate variance in one’s lottery play, i.e., one is more likely to win a portion of a large jackpot, but the majority of the time players in the syndicate will lose money at the house edge of the lottery being played. Syndicates also bring in several complications when it comes to prize monies. There have been instances where members bought their individual tickets alongside the syndicate tickets, they then win on their individual tickets, but members of the syndicate claim the wins on the winning ticket. In other instances, loyal members fail to contribute money on the day the syndicate chooses a winning ticket.

 

How to start a Lotto Syndicate?

Starting syndicates is easy. Most lotteries provide provisions for playing using syndicates. Lottery syndicates can also purchase the tickets online or from retailers. The best way to ensure that a syndicate is well run is to choose a syndicate manager. The syndicate manager will collect money from all the members, check the lottery results and keep the members informed of any developments.

How do I join an online syndicate?

Joining an online syndicate is convenient and hassle free, all you need to do is decide whether you want to play Lotto or Thunderball or both of these games, and then consider how many shares you want to buy.

One should also ensure that the group has a syndicate agreement. Syndicate agreements are very important as they detail the rules for the syndicate. The agreement should be a contract that details how winnings are distributed among members and what actions to take when members fail to contribute to the syndicate. Most agreements also specify how the numbers will be drawn. Even if all members of the syndicate trust each other, the agreement is necessary for tax purposes. All members of the syndicate should sign the agreement and retain a copy of the agreement. Because the syndicate manager is the one who buys the tickets or opens an account when playing online, the agreement will be vital when dividing the winnings.

 

Lotto Syndicate Forms and Agreements

The syndicate manager will be performing most of the work in the syndicate. They should collect money from the group members either on the day of the draw or in advance. They must keep records of payment so as to know which members have paid their fair share. After the manager purchases the tickets she should keep the tickets safe as they are required when claiming the prize. The group can protect against theft of the ticket by writing the name and address of one of the members on the back of the ticket. Finally, the manager should not forget the most important part, checking the results of the draw. Some people have won the lottery and stayed for weeks without claiming the prize. The manager should also ensure that all members of the group are legally allowed to participate in the lotto. Some countries have a minimum age requirement for participants in a lotto. Syndicate managers should search online for syndicate packs, which contain tools that ease the burden of managing a syndicate.

 

Download your Syndicate Pack Here

 

Some companies such as GiantLottos and LycaLotto provide an online platform that creates a syndicate for registered players. Players determine the number of shares in the syndicate and then purchase shares in it. The system will then choose numbers for the tickets using a randomized system. Such systems are very transparent because each member gets a notification for every ticket that is purchased.

 

How are prizes paid to syndicates?

Any money won by a syndicate is paid to the group’s manager, as National Lottery rules state that only one player can receive a prize from a winning ticket. The process for claiming prizes is the same as if you were playing on your own, and it is then up to the syndicate manager to distribute the winnings. When you play online, the prizes are automatically paid out to the syndicate members, eliminating the hassle of claiming any prizes in person and then doing the maths to figure out what each syndicate member is owed.

 

Winnings are divided automatically to each member depending on the number of their shares. GiantLottos.com provides syndicates for players in international lotteries such as USA MegaMillions, EuroMillions and USA Powerball. LycaLotto offers tickets for Euromillions, US Powerball, the Irish Lotto and the UK Lotto.

EuroMillions Lotto’s biggest Jackpots

EuroMillions Lotto’s biggest Jackpots

EuroMillions Lotto’s biggest jackpots include many fortunate winners all around the world who have experienced the joy of playing and winning this transnational lottery, whose jackpots have rolled over even 11 times and exceeded the €180 million jackpots.

A new rule executed in January 2012 limits the Jackpot cap at €190,000,000 permanently and if the jackpot is not won after two draws, the prize money will be distributed amongst the winners at the next level. These are the biggest jackpots in EuroMillions Lotto’s trajectory, in chronological order:

During July 2005 and after rolling over 9 times, the main prize of €115.000.000 was finally awarded to a lucky winner from Ireland called Dolores McNamara, mother of six. She remains the biggest individual winner in EuroMillions Lotto history.

In February 2006 and after rolling over a record of 11 times, the EuroMillions Lotto prize of €180.000.000 was divided among three ticket holders, two in France and one in Portugal. The three winners won €60.000.000 each.

In March 31st 2006 and after rolling over 6 times, the EuroMillions Lotto jackpot of €75,753,123 was won by one Belgian resident. This prize made history as the second largest win in Belgium ever, and the third-biggest prize won by an individual.

In November 2006 and after rolling over 11 times, the EuroMillions Lotto jackpot reached €183.000.000 million. Considering there was no ticket whose numbers matched all the winning digits for the 12th draw, the prize was split among the 20 tickets that matched 5 numbers and 1 lucky star number.

Last but not least on February 9th 2007, another Belgium resident received €100.000.000, and became the highest EuroMillions winner in Belgium and the second biggest individual win in EuroMillions Lotto history.