EuroMillions Jackpot - What the F*** is going on?

[PatMacGroin]

Does anyone understand the mysterious ins and outs of how the EuroMillions JackPot is calculated?

For the last 2 draws they have been advertising an "Estimated Jackpot of £175 million*". No one has won it, but the advertised Jackpot hasn't increased, it's still being advertised as £175m for the next draw this Friday.

Looking at previous draws the JackPot usually increases by roughly £15m each draw. And actually, when the draw gets to that sort of level it attracts more gamblers, so the fund often grows even more quickly. However, yesterdays jackpot increased by only £700,000.

Looking over the other prize brackets there doesn't appear to have been a big increase in the other prizes won. E.g. The UK prizes total fluctuates between the £3 and £4 million mark each week. No change there, so there doesn't seem to be a prize roll down set up similar to the occasional UK draw.

I'm assuming there must be some sort of cap, (although I can't quite work out what it is). But what happens to that missing £15-20 million? (Potentially 30-40 million after Friday)

I've attached some screen shots results of the last 4 draws to help illustrate.

Hidden Image/Members OnlyHidden Image/Members OnlyHidden Image/Members OnlyHidden Image/Members Only

[tynetunnel]

It’s capped. And the extra bounce that no longer gets added to the jackpot goes on lower prize tiers afaik

[winkywanky]

Not into EU coffers then? 

[winkywanky]

I find the size of the top prize to be totally insane. What the fuck would anyone do with £175M? 

If you won say £15M, for the average Joe that would be plenty to see you right for the rest of your life, plus any close family members and friends. I actually find it a little obscene.

[Squire Haggard]

I find the size of the top prize to be totally insane. What the fuck would anyone do with £175M? 

If you won say £15M, for the average Joe that would be plenty to see you right for the rest of your life, plus any close family members and friends. I actually find it a little obscene.

I agree, its far too much for one person.

Maybe syndicates will go for the bigger prize in Euromillions?  The National Lottery might appeal more to individuals with its rollover?

[winkywanky]

I guess so.

But there have been frequent individual winners of Euromillions IIRC, and not infrequently, a Brit it seems to me.

[gbyld87]

I find the size of the top prize to be totally insane. What the fuck would anyone do with £175M? 

Oh I have a few ideas.

[Blackpool Rock]

Does anyone understand the mysterious ins and outs of how the EuroMillions JackPot is calculated?

For the last 2 draws they have been advertising an "Estimated Jackpot of £175 million*". No one has won it, but the advertised Jackpot hasn't increased, it's still being advertised as £175m for the next draw this Friday.

Looking at previous draws the JackPot usually increases by roughly £15m each draw. And actually, when the draw gets to that sort of level it attracts more gamblers, so the fund often grows even more quickly. However, yesterdays jackpot increased by only £700,000.

Looking over the other prize brackets there doesn't appear to have been a big increase in the other prizes won. E.g. The UK prizes total fluctuates between the £3 and £4 million mark each week. No change there, so there doesn't seem to be a prize roll down set up similar to the occasional UK draw.

I'm assuming there must be some sort of cap, (although I can't quite work out what it is). But what happens to that missing £15-20 million? (Potentially 30-40 million after Friday)

I've attached some screen shots results of the last 4 draws to help illustrate.

Hidden Image/Members OnlyHidden Image/Members OnlyHidden Image/Members OnlyHidden Image/Members Only

As already posted it appears to be capped, if the jackpot increased by £700K for the last draw i'm assuming the prize is capped in € and the £700K increase is a currency fluctuation in the last week when converted into £

FFS imagine making £700K in a week due to a currency fluctuation 

[Blackpool Rock]

I find the size of the top prize to be totally insane. What the fuck would anyone do with £175M? 

If you won say £15M, for the average Joe that would be plenty to see you right for the rest of your life, plus any close family members and friends. I actually find it a little obscene.

Drown myself in whores 

And yes it would be obscene 

[winkywanky]

Oh I have a few ideas.

WG binge 

[winkywanky]

Drown myself in whores 

And yes it would be obscene 

SNAP!!! 

[winkywanky]

That way lies madness.

[george r]

Better to have say £5 million jackpot and lots more winners

[Moby Dick]

I find the size of the top prize to be totally insane. What the fuck would anyone do with £175M? 

If you won say £15M, for the average Joe that would be plenty to see you right for the rest of your life, plus any close family members and friends. I actually find it a little obscene.

Depends how old you are and how long you will live.....and how many family members/best friends come out of the woodwork.

By the end of the first month I expect I’d be paying prostitutes to fuck each other with the finest bottle of Gout de Diamant Brut..... whilst I pick me nose.

[mr.bluesky]

I find the size of the top prize to be totally insane. What the fuck would anyone do with £175M? 

Spend it on fast cars and loose women and waste the rest as the famous saying goes 

[Gordon Bennett]

The cap is actually £200K so like OP, I'm puzzled at the small rises in the unwon jackpot recently. I can only assume more players are winning smaller prizes and eating the fund. I'm also puzzled at the lack of promotion and advertising of the mega-jackpots on offer. Normally there are ads in papers, posters in shop windows and such like when lot is this big. I won £2.30 last night. I say won, but my ticket was £2.50

[GingerNuts]

The cap is actually £200K so like OP, I'm puzzled at the small rises in the unwon jackpot recently. I can only assume more players are winning smaller prizes and eating the fund. I'm also puzzled at the lack of promotion and advertising of the mega-jackpots on offer. Normally there are ads in papers, posters in shop windows and such like when lot is this big. I won £2.30 last night. I say won, but my ticket was £2.50

The cap is €200 million.

[winkywanky]

Spend it on fast cars and loose women and waste the rest as the famous saying goes 

Now you mention it I can think of a few women and the cars too 

[Blackpool Rock]

Mmmm just thinking though how you think having loads of money you can do anything / whatever you want but i'm in tier 3 so can't even go to the pub to celebrate 

Having loads of lotto money would be great however i've always said your health is the single most important thing you can have.
Ask most people if they had 1 wish what would they wish for and most peoples answer is money / win the lottery, then tell them the week after they get diagnosed with a terminal illness and have a week to live, then ask them if they'd swap the money 

[king tarzan]

I find the size of the top prize to be totally insane. What the fuck would anyone do with £175M? 

If you won say £15M, for the average Joe that would be plenty to see you right for the rest of your life, plus any close family members and friends. I actually find it a little obscene.

Mike Tyson and Evander holyfeild combined shitted on nearly $1bn...

[Londonpunter30]

Know a syndicate that had a 5k win.  Individually it wasn’t that much each, so they reinvested it all and won nothing. 

Says a lot about the odds of winning

[PatMacGroin]

I find the size of the top prize to be totally insane. What the fuck would anyone do with £175M? 

If you won say £15M, for the average Joe that would be plenty to see you right for the rest of your life, plus any close family members and friends. I actually find it a little obscene.

I agree, it's a ridiculous some of money. Although I do enjoy fantasizing about all the ridiculous things I would do with it.   

Still, I think they could increase some of the lower tier prizes, spread the wealth a little bit. The lowest 6 tiers of prizes seem to struggle to get above a tenner at their peak! Approx £200,000 for the next tier below the jackpot is a good chunk of change, but that would go into £175m 875 times! Could make an a big difference to an awful lot of people. I think most people would actually struggle to cope psychologically with suddenly becoming over £100m richer, more likely to end up wrecking their lives.

The big jackpots are there to attract heavier gamblers. The ones that decide a huge jackpot means it's worth spunking £100 or more. Which is why these lotteries seem to be designed to roll-over more often than not. Bigger jackpots clearly generate higher ticket sales, with Camelot and their European cousins getting their share of every £/€.

[PatMacGroin]

It’s capped. And the extra bounce that no longer gets added to the jackpot goes on lower prize tiers afaik

The cap is €200 million.

OK, that makes more sense. I just checked the exchange rate and €200 million is just over £180m.

I can't see where there has been any roll down prizes, but then no one from the UK won the tier below jackpot last night. 4 winners outside the UK. I guess they must have got about £5 million each.

I wonder how long it can keep rolling over? Who wants to bet it keeps rolling over until the draw immediately before Christmas? That's 4 or 5 more draws, but it does feel like it always rolls over to huge prize at Christmas time.

[tintin100]

I do believe when it reaches 200 million Euros, it is then capped at that for 4 more games, if not won by then it will be a roll down. I also believe the extra money obtained will be use for other super jackpots in the future, like a super jackpot for Christmas.   

[chrishornx]

Oh I have a few ideas.

not short of them myself where is WW's imagination

[winkywanky]

Mike Tyson and Evander holyfeild combined shitted on nearly $1bn...

The perfect example of the more money you have, the less it means, especially if you're not used to it.

[winkywanky]

not short of them myself where is WW's imagination

I've been punting so many years, I've pretty wel been there and done it   

[CoolTiger]

I find the size of the top prize to be totally insane. What the fuck would anyone do with £175M? 

If you won say £15M, for the average Joe that would be plenty to see you right for the rest of your life, plus any close family members and friends. I actually find it a little obscene.

Good to see this couple give away HALF of their £115million Euro Lottery winnings

External Link/Members Only

[billybobsmith]

I won £2.30 for whatever came out for me on Wednesday.  Not even enough to buy another ticket

[Gordon Bennett]

I remember an article a few years back on how much money you needed to live a "millionaires champagne lifestyle". From memory, it was a few hundred million quid!

Keith Nicholson won £150K on the pools in 1961. That was regarded as insane money, nigh on £4 mil in today's money. However, his Mrs, Viv "spend spend spend" Nicholson, was true to her word and pissed it all away in about 5 years.
There was also that Lotto Lout who spunked his £15 mil away in short order too. Maybe chavs need to win £175 million just to ensure they still have a few quid left a decade or so later?

[winkywanky]

Good to see this couple give away HALF of their £115million Euro Lottery winnings

External Link/Members Only

Nice! 

[sub_marine]

I agree, its far too much for one person.

Maybe syndicates will go for the bigger prize in Euromillions?  The National Lottery might appeal more to individuals with its rollover?

I find the size of the top prize to be totally insane. What the fuck would anyone do with £175M? 

If you won say £15M, for the average Joe that would be plenty to see you right for the rest of your life, plus any close family members and friends. I actually find it a little obscene.

But just look at the ammount of interest a big prize generates, they sell way more tickets once its over £100M, lots of people double up once its super high.  I'm in a works syndicate with 19 other guys, but once the prize goes over £100M i'll buy some extra lines for myself. 

[winkywanky]

That makes perfect sense for a syndicate.

Out of interest, if you were the person buying the tickets for the syndicate, and then decided to buy some extra tickets for yourself personally, you'd have to be damned sure to make clear which tickets belonged to the syndicate and which belonged to you. Imagine if the jackpot got won and an argument ensued! 

[Blackpool Rock]

I remember an article a few years back on how much money you needed to live a "millionaires champagne lifestyle". From memory, it was a few hundred million quid!

Keith Nicholson won £150K on the pools in 1961. That was regarded as insane money, nigh on £4 mil in today's money. However, his Mrs, Viv "spend spend spend" Nicholson, was true to her word and pissed it all away in about 5 years.
There was also that Lotto Lout who spunked his £15 mil away in short order too. Maybe chavs need to win £175 million just to ensure they still have a few quid left a decade or so later?

I always thought they actually won a Million but yes you're right it was only about £4M

It's not uncommon for thick chavvy types to blow it all on shit and trying to be as flash as they can to all their mates and suddenly new found friends who disappear once the money runs out

Camelot do now offer help with financial planning etc after receiving criticism in the early days when some people blew it all quickly

[CoolTiger]

I remember an article a few years back on how much money you needed to live a "millionaires champagne lifestyle". From memory, it was a few hundred million quid!

Keith Nicholson won £150K on the pools in 1961. That was regarded as insane money, nigh on £4 mil in today's money. However, his Mrs, Viv "spend spend spend" Nicholson, was true to her word and pissed it all away in about 5 years.
There was also that Lotto Lout who spunked his £15 mil away in short order too. Maybe chavs need to win £175 million just to ensure they still have a few quid left a decade or so later?

Curse' of UK's biggest ever lottery winners from divorce to death and destitution

External Link/Members Only

[sub_marine]

That makes perfect sense for a syndicate.

Out of interest, if you were the person buying the tickets for the syndicate, and then decided to buy some extra tickets for yourself personally, you'd have to be damned sure to make clear which tickets belonged to the syndicate and which belonged to you. Imagine if the jackpot got won and an argument ensued! 

The guy that buys all the tickets always sends out the JPG files of the tickets the day before the draw, so all kept above board.

The financial advice offered by camelot comes at a price, so lots of winners choose not to bother with it, or arange it themselves with other advisers

[chrishornx]

I've been punting so many years, I've pretty wel been there and done it   

PRIVATE 80' yacht round the greek isles for 10 days with 5 £3,000 a day top porn stars

have you done that ?

[Blackpool Rock]

OK guy's i'll come clean i've won the jackpot on Friday 

I'm not going to let it change me though, still going to be a tight cunt so anyone wanting a free punt on me can piss off 

Never understood those people who win a big prize and then carry on working as a bin man or bus driver etc what the fuck was the point of entering the draw if you weren't going to let it change your life, unless of course they genuinely like unblocking drains 

[billybobsmith]

OK guy's i'll come clean i've won the jackpot on Friday 

I'm not going to let it change me though, still going to be a tight cunt so anyone wanting a free punt on me can piss off 

Never understood those people who win a big prize and then carry on working as a bin man or bus driver etc what the fuck was the point of entering the draw if you weren't going to let it change your life, unless of course they genuinely like unblocking drains 

Sometimes it just boredom.
It's very well sitting around in your mansion surrounded by top of the range this and that, but sometimes you just want to be doing something even if it's a (working for free?) trivial part job (possibly surrounded by workmates / friends) that gives you some sense of normality.
I enjoy my travel, seeing different places, but it's always nice to come home at the end of the day.

Same as people who win a jackpot but still put tickets on.  Been one person near me, at least, who's won that millionaire maker draw twice.

Suppose if you sit around all day enjoying your wealth, there's nothing really to strive for.  Sure I could afford anything I want whenever I want, but where's the fun it that?

[Moby Dick]

I would be reluctant to tell anyone. Especially WGs
Also wanna keep my circle of friends and family as they are.
Don’t want any of those parasites coming out of the woodwork.

Wouldn’t tell colleagues at work;
I’d go part time. Need a bit of stability/normality.
Take a sabbatical- travel the world, buy a few houses.

I’d become even more generous than ever.
They would suspect I’ve won, inherited or stolen it. But I would never confirm or deny.

£175m would buy me a whole lot of fun.
But if you plan it wrong and surround yourself with gold diggers it could be a curse.

Thats why I wouldn’t tell anyone, and still keep my friends whilst making new ones.

So......Who wants to cum on a gangbang cruise on my private 200ft yacht with 10 “high class escorts”?
I0spaces available, my treat, but no partners or pets allowed. 

[winkywanky]

PRIVATE 80' yacht round the greek isles for 10 days with 5 £3,000 a day top porn stars

have you done that ?

No. but IMO it's more to do with the girl and the interpersonal experience, rather than all the froth.

You could be on a big yacht and it could still be shit, with all those gorgeous girls and caviar and cocaine by the bucketload 

[winkywanky]

I would be reluctant to tell anyone. Especially WGs
Also wanna keep my circle of friends and family as they are.
Don’t want any of those parasites coming out of the woodwork.

Wouldn’t tell colleagues at work;
I’d go part time. Need a bit of stability/normality.
Take a sabbatical- travel the world, buy a few houses.

I’d become even more generous than ever.
They would suspect I’ve won, inherited or stolen it. But I would never confirm or deny.

£175m would buy me a whole lot of fun.
But if you plan it wrong and surround yourself with gold diggers it could be a curse.

Thats why I wouldn’t tell anyone, and still keep my friends whilst making new ones.

So......Who wants to cum on a gangbang cruise on my private 200ft yacht with 10 “high class escorts”?
I0spaces available, my treat, but no partners or pets allowed. 

I think perhaps the best thing to do would be to leave it a few weeks before changing anything. And then perhaps tell people you'd had a lottery win, but a relatively small amount. Get them off the scent.

It'd be virtually impossible to spend any of your winnings without people realising you'd come into money, but I think it's when the vast amounts are involved that people see you differently and act differently around you. Even if they don't mean to. And as the winner, you'd become suspicious of them and their motives possibly too?

It's like it'd be nice to treat your friends and relatives, but without them becoming resentful or jealous. I think in reality, even with pretty good friends, they might change if you'd won €150M or some ludicrous amount. If they had an idea you'd won €10m perhaps they might just be happy for you, and grateful for some nice little gifts and experiences you might gift them?

[ronthebrummie]

Looks like it’s been won, it’s back to £15m tonight.
Obviously in Euroland nothing on UK news.

[The0neAnd0nly]

Looks like it’s been won, it’s back to £15m tonight.
Obviously in Euroland nothing on UK news.

Yep, winning ticket was purchased in France. It tells you where the jackpot was won on the bottom of the draw results page buddy

[PatMacGroin]

Yep, winning ticket was purchased in France. It tells you where the jackpot was won on the bottom of the draw results page buddy

Oui, C'est vrai! 

[niceguy30!!]

I'd book a different girl every day for a year, over nighter. Maybe set a target to shag 500 in year.

[Moby Dick]

I'd book a different girl every day for a year, over nighter. Maybe set a target to shag 500 in year.

365.24

[Tecova]

365.24

As 0.24 of a woman can give some bad mental images, let's go with a rather rotund 1.24 of a woman.  Oh that's another grim mental image!