The Euromillions is the biggest twice-weekly lottery in Europe, and one of the biggest in the world. It gives players a regular shot at a life-changing fortune, and all for one small ticket price of €2.50. But how big is the highest jackpot, how much can that get you and what was the biggest Euromillions jackpot ever?
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The Biggest EuroMillions Jackpot
The EuroMillions, like many lotteries, has a maximum jackpot. This means that the jackpot can only rollover a certain amount of times, after which any additional monies from additional rollovers are used to bolster the other prizes, beginning with the second-tier and going down from there.
The EuroMillions jackpot cap is €190 million, which is someway off the minimum jackpot of €17 million, with the average being around €100 million. This €190 million jackpot has been reached three times in the relatively short history of this lottery. The first of these went to a UK winner from Suffolk in 2012, the second went to a winner in Portugal, and the third went to a winner in Spain.
The interesting thing about these three jackpots is that the Spanish one may have also gone to a UK ticket holder. That’s because the winner of this 2017 grand prize chose not to come forward and the lottery ticket was purchased in Gran Canaria, an area that is very popular with British tourists and expats.
And this is quite important in the grand scheme of things, because it would mean that two of the top three winners were from the UK, and if you look away from the maximum jackpots and towards other big wins, it would mean that 3 of the top 5 were from the UK.
Considering they are not the biggest players of the EuroMillions and are actually third on the list of total plays and total prize wins, this is a surprising statistic. In fact, France are the biggest players of the EuroMillions, but there is not a single French player on the list of the five biggest EuroMillions jackpot wins.
There are Belgian, Irish and Portuguese players (the fourth biggest jackpot was shared between a Belgian and Irish ticket holder) but no French. And the French are within their rights to feel aggrieved by that, because they have had nearly three times the amount of jackpot winners as their neighbors Belgium, and nearly seven times the amount as Ireland. In fact, nearly 23% of all jackpot winners have come from France, a total that eclipses any other nation, but on the list of the biggest 5, 10, 15 and even 20 jackpot winners, they make some of the fewest appearances.
What Can it Get you?
Lottery winnings are tax free in most of Europe and there is no annuity/cash fee option like there is in the US. If you win €190 million, you get €190 million, simple as that.
To give you an idea of just what those UK winners could have done with their money, or rather what you could do with yours if you’re lucky enough, take a look at these mouthwatering stats:
If you placed all of the money in a savings account with a 5% interest rate, you’d earn an additional €10 million a year, or roughly €192,000 a week.
You could buy 760 houses at the average UK house price.
Based on current market value, you could afford to buy one of seven teams in the English Premier League, the biggest of which is Newcastle United.
You could buy all thirty of the most expensive cars in the world. Twice.
You can buy 12,000 new Vauxhall Corsa’s, which is enough for every resident of the town of Berwick-upon-Tweed.
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