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THE LOTTO JACKPOT has been capped until it is won after reaching a new record of €19,060,800.
The jackpot reached the new record on Wednesday when it wasn’t won.
A single winner of the prize will become the biggest ever Lotto jackpot winner in the history of the game in Ireland.
For each draw until won, the jackpot will remain at €19,060,800 and the funds that would normally contribute to growing the jackpot will now flow down to the next tier at which there are winners.
This means that there will be even more prize money guaranteed to be won at non-jackpot prize tiers.
The next Lotto draw will take place on Saturday.
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Never in my Life have i seen and heard so many Desperate advertisements for people to Buy buy buy Lotto tickets its practically ambush marketing to relieve us of our cash to prop up their Canadian pensions,well they can Shag right off there Not getting my Money.!!!!
@Larry Rawson: I take it you won’t be buying the pints this weekend then !!?
@Sean Treacy: At least i will have money for pints unlike some poor sod who won’t cos he Gambled his cash !!
@Larry Rawson: you are a very bitter man I sure that the lottery is very upset about your withdrawal from the draw all couple of euros
@Larry O Reilly: LR is right though , who plays the lotto ? The least well off in society
@Tim Oconnell: Roy Keane plays it, if it’s good enough for him….
@Edmund Orlando: I’d say he does alright
@Larry O Reilly: He’s not bitter. He’s practical.
Board meeting Lotto Headquarters “let’s cap this jackpot at a nice round number”.
Jaysus can we not just pretend that we have a chance of winning it and dream big. It’s true “if you ain’t in you can’t win”. I don’t mind risking €12 a week for the thought of making my family comfortable for the rest of their lives
@Anthony Hilton: well someone’s got to win it, could just as easily be you. That’s the way I look at it anyway.
@Anthony Hilton: Yet if your fuel, home heating, or TV licence went up by 12 euro per week you’d be up in arms.
@OnlyHereForTheComments: theres no chance of a 19 million euro refund from fuel, home heating or tv licence tho is there?
@D H: but the lotto didn’t go up by €12 did it, it went up by a €1.
@Laura Clayton: someone doesn’t have to win it.
@Anthony Hilton: Twelve euro? I thought it was a couple of euro per ticket. You’re not risking it, you’re giving it away.
In all fairness, could they not have just rounded up to €20 million. I’m starting to twitch here on the couch looking at that oddball number
@Rostyballs78: Absolutely
Lottery is a tax for people who sukc at maths
@oMaraTpe: and spelling
@Paul Dorgan: on purpose, journal bot is too clevra
If your not in you can’t win.
@Dave Barrett: If you are not in, you will have the money in your pocket. Poor tax.
@Dave Barrett: Cousin bought petrol and a quick pick some years ago, jackpot win, lucky guy.
They’ll hold it over until the new November bank holiday!!
I thought if the top jackpot wasn’t won they were going to divide it out amongst the next highest group of winners ie the 5 plus the bonus prize group?
@David O’Brien: that was before they privatised it
Too much for one winner
@Gerard Heery: agreed but I’d sort out my entire family so it wouldn’t be just for one person with me
@Anthony Hilton: tax man would ate ya!
@Tom McDonnell: winnings are tax free
@Stephen Kelly: Not if you gift it to family, presumably they would be liable
@Stephen Kelly: but if you gift a portion of the winnings to friends/family and they are not a signatory on the back of the ticket, they’ll be liable for 33pc capital gains tax, so for a gift of 1 million , Paschal would get 330k of that.
@Gerard Heery: they reckon approximately 500 people a week pick these same numbers 1, 2, 3, 4, 5, 6…… so if these numbers came in and the jackpot was 19million, then those people would get 38k each…..
@Tom McDonnell: what are you on about? It’s tax free and before you say yeah when you give it to someone then you pay tax but you are wrong. Why do you think so many players take so long to come forward because you can say you are a syndicate to your lawyer and then how you want it divided. Case closed. Next please
@Anthony Hilton: True that. I was curious about the syndicate thing before and looked it up. You have to be able to prove that you have been operating as a syndicate and all contributing toward the ticket price each week. There has to be a signed document and all this jazz in place prior to the win I believe. Easily done probably and drafted after the win I’m sure. You wouldn’t want one of the relatives to slip up and mess it all up however or the tax man would be watching with a keen eye I’m sure. Oh to dream of that problem however.
It’s virtually impossible to win anything on the Lotto. Just a waste of money.
@Jane Alford: I know a lad who won 300k a few years back, paid off his mortgage and bought a new car. Not too bad. Don’t play it myself though ;-)
havent the Canadian pensions done well
Tax on the poor.
This lotto jackpot will be won on the Saturday 23rd October
You don’t happen to know what the numbers will be, mystic mac?
@Above Average Joe: begorrah I do know the numbers but if I told you I’d end up sharing the jackpot with you and everyone else here. I’m off to read some tea leafs now and get the euromillions numbers.
Why is it capped. They are making a packet out of it. Another state asset flogged to mate
Why cap it unless those running it are just more greed mongers why else would they cap it off, they could have decided to run a second draw to give people more of a chance
Why?
It’s gas that my comments were deleted.
Makes zero sense.
have your say