Every week around the world there are millionaire lotteries that can fix the lives of everyone and their offspring for up to 3 generations. It’s a matter of luck, but you only need to win it once to forget about the office and say yes to the margarita in Dubai.

Many people don’t know this, but you can buy lottery tickets online from the comfort of your own home with no problem. You have the advantage of receiving an email notification when you win, and a lottery advisor has your contact number, something that doesn’t happen if you buy it in a shop and you can lose your ticket.

The world’s top lotteries

Powerball

Awarded the biggest jackpot in history in January 2018 worth $1.6 billion dollars.

There are 9 ways to play Powerball depending on your investment, ranging from $4 to 40USD. The 4USD starts by paying $1 million, but if there is no winner the jackpot accumulates and you end up winning $1 billion by paying the same $4. You can claim the full payout minus tax, or 30 annual payments for 29 years, increasing by 5% each year.

The odds of winning are 1 in 24.5.

Mega Millions

Mega Millions awarded a gigantic $1.5 billion prize on October 30, 2018, a world record so far. The winner did not collect the prize until months after consulting with her lawyer and financial experts, remaining anonymous (some U.S. states allow this, others do not) and donated a portion of the winnings to various South Carolina charities.

The ticket costs $2USD with an average winnings of $550 million. Prizes tend to grow when there is no winner for several months. The largest prize is called the jackpot, but there are smaller prizes of up to $2 for matching just a few numbers.

Euro Millions

Starts at 17 million $ and is played on Tuesdays and Fridays. The jackpot easily accumulates over 100 million $ in a few weeks and is the most common prize, but the highest prize paid has always been $190 million $, interestingly several times.

Select five numbers from 1 to 50 and two Lucky Stars from 1 to 12. You can use the “random” button or choose them yourself. You can buy more than one ticket for different draws and win discounts. When you buy your ticket online, you will receive an email notification if you are a winner. A $ Millions agent will contact you to arrange delivery of the prize.

What You Should Know When Playing Lottery Online

You never win the full value. Mega Millions pays out $548 million, but taxes take a big chunk out of it, in this case the claimant gets $309 million.

Players have two options when claiming their prize. They either withdraw the full amount and pay taxes, or they receive 30 annual instalments for 29 years. It is generally recommended to pay taxes and claim the entire prize, if you invest it well, you earn more in interest than if you receive partial payments.

Inform the official site about the winning ticket, but do not claim the prize immediately. Consult with a lawyer and financial expert, and analyse everything as you have several months to claim the prize. You should consult about taxes, how to distribute the investment, what money you want to have liquid, what you want to donate and how you are going to handle the media issue even with your acquaintances and relatives. There are consultations with psychologists for this, believe it or not.

Remember that many lottery winners squander the money in a few years because of poor financial knowledge and attract a lot of personal problems in their life because the new lifestyle is so sudden.

The value of the tickets starts at $2 dollars, with which you can win the $500 million jackpot and other small prizes.

If you like gambling visit our Casinos and Gambling section for more information.

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