What's a ticket go for?mpw said:EuroMillions draw has rolled-over again and is up to £47m estimate for this Friday. I know I'm gonna' get me a ticket, anyone else at MR?
Anybody care to work out the odds? I make it about 76.2m to 1!
£1.50, I assume the total is the total and the winning ticket can take it in either 's or £'s. Me, I'm going to take it in £'s squirreled away offshore except for £50k in cash for a shopping spree while it sinks in.MongoTheGeek said:What's a ticket go for?
Since its Euro millions I take its a europe wide thing. Do y'all in England get screwed on exchange rates?
I typically buy a powerball when its up to about that. Powerball is 1:120,000,000
Pinky swear. Let me work this out:devilot76 said:Promise? Pinky swear?! Will you give us all a shuffle?
Anyone can play if you turn up and buy a ticket. I don't think they allow sales from outside Europe but I'm not sure. If you like send me your numbers and £1.50 and I'll get you a ticket and mail you your winnings if your win.Mudbug said:can I play when I come across the pond later this week, or do you have to be a European resident?
Wait a minute, lets get this clear. It's not 50 million euros, its £55 million pounds.cleanup said:Lotteries in Canada are about the only things that are tax-free... but our jackpots aren't nearly as large as 50 million euros. Most regional lotteries are a few tens of millions, once somebody wins they drop down to like five... but it's still a boatload of money.
Anyways, I hope someone from MacRumors wins!
Initially - but you can look forward to paying lots of tax as soon as you deposit it in the bank and start earning interest... tho of course, you'll be able to afford a good tax accountant to limit it!SpaceMagic said:Yes, it's 100% Tax free.
The plan is I win (tax free) and put it all except my spending money (revised to £100,000) into an offshore account and keeping it all legal still pay under 10% tax each year only on the interest it earned. I reckon that'll be around £½m which'll be less than I pay the staff! (gardner, cook, massuesuse etc.)Applespider said:Initially - but you can look forward to paying lots of tax as soon as you deposit it in the bank and start earning interest... tho of course, you'll be able to afford a good tax accountant to limit it!
Would you stay in education?SpaceMagic said:I'm still in fulltime education do I have to pay tax?!
You should be able to get a better rate if you walk into your bank managers office without an appointment and ask for an hour or two of his time, a cup of tea and a sandwich. Better still rent a villa in Monte Carlo, call him and ask him to come to you. It's amazing how much better the service is when you've got £55m to invest.SpaceMagic said:High interest bank account of 5% would give £2.75 million a YEAR in interest
40% I'd think about moving if I were you. Highest tax rate here's 20% and I think that's high.SpaceMagic said:If i did have to pay tax, it would be at 40% supertax rate on the interest = £1.65 million a year clean... come on! You can live off 15k a year... let alone 1.65 million! I better win friday
mpw said:Would you stay in education?
40% I'd think about moving if I were you. Highest tax rate here's 20% and I think that's high.
I know you're in education now but when you get a job just remember that Thursday and Friday when you go to work you're working just to pay your tax, you only get to keep you wages from Monday-Wednesday .SpaceMagic said:...I have a socialist family who argue the hell outa me when I say 40% is too high. It's sickening.
Well think about this. If you win you could get laid pretty much any time you want.SpaceMagic said:So there we have it guys. I have more chance of getting struck by lightening today AND then getting hit by an asteroid than I do have winning the lottery. The same goes for me getting laid. It just aint gunna happen..
I would probably actually go back to school. Start collecting PhD's.MPW said:Would you stay in education?
MongoTheGeek said:Well think about this. If you win you could get laid pretty much any time you want.
I would probably actually go back to school. Start collecting PhD's.