Winning Eurojackpot's 120 Million: Possible Ways to Achieve It
First and foremost, this article is not meant to encourage anyone to gamble their money away in the lottery. Moreover, gambling can be addictive. However, for those who still want to give it a go, here are the most essential questions and answers about the European lottery event.
The Eurojackpot, where the winning numbers are drawn every Tuesday (around 9 PM), has reached a predefined upper limit of 120 million euros. This occurred after eleven consecutive draws without a complete match in the top prize category last Friday. Any money that's not given out in the first prize category is added to the second prize category's jackpot.
If a lucky person from Germany manages to crack the pot, they'll set a new German lottery record. So far, this has only happened twice. It happened in June 2023 in Schleswig-Holstein and November 2022 in Berlin. The first win over 120 million euros was given to Denmark in July 2022. Most recently, a Norwegian won the jackpot filled with 120 million euros in January. A lot of people are eagerly waiting for the Eurojackpot worth 120 million euros.
Now let's address the common questions and answers about the European lottery event:
What's the minimum number of correct numbers you need to win the jackpot?
For this, you need five correct numbers and two Euro numbers. However, even with one Euro number among your five correct numbers, you still have a chance of winning a million euros. There's about 11 million euros left in the second prize category.
What are the chances of winning the jackpot at the Eurojackpot?
The odds are quite low. The West German Lottery estimates the chance of winning the main prize at the Eurojackpot to be around 1 in 140 million. It's a bit better for the second prize category at about 1 in 7 million. The lowest prize category has a chance of around 1 in 49.
Where can you place your Eurojackpot tips?
You can play Eurojackpot by going to a lottery sales point or online at eurojackpot.de. Every tip with five numbers between 1 and 50 in Field A and two numbers between 1 and 12 in Field B costs two euros, plus a processing fee.
Do you automatically participate in both prize categories?
Yes.
What should you not do while tipping?
1. Don't use significant dates
Some people use birthdays of their loved ones or their own wedding date. This is not a good idea because many others will be using these numbers too. On the other hand, it can be advantageous to also choose numbers between 31 and 50. This helps you avoid winning with a number collision with 80% of date tippers.
2. Avoid patterns
Try not to use any numbers that form a cross, diagonal, or any letter patterns like "U" in one of the playing fields. These numbers are popular and can lead to fewer winnings due to the large number of winners and winners.
3. Don't bet on number combinations
Avoid betting on number combinations. This can be risky because many others will also bet on such combinations. If the numbers are actually drawn, the winnings could be lower because of the many winners and winners.
4. Don't use winning numbers from the last draw
It's a misconception that the numbers drawn in the last draw are somehow lucky for the upcoming draw. The probability of these numbers winning again is extremely low. It's also unlucky to mark the numbers 1-2-3-4-5-6.
What should one bet on instead?
It's better not to use a system and rely on a random number generator. This helps you avoid playing the same system as many other people. It's also said that many Eurojackpot winners randomly select their numbers.
When can you submit your bets on the drawing day?
The Eurojackpot drawings take place every Tuesday and Friday. The deadline for submitting bets for each draw is 7 PM on the respective day. In some federal states, the deadline may be earlier, according to the West German Lottery.
Where can participants find the drawn winning numbers?
You can find the draw results on eurojackpot.de at the end of Tuesday and Friday evening. The winning numbers can also be found out in the lottery acceptance office from Wednesday or Saturday morning. Winnings can be collected from the acceptance office based on the betting slip.
Are winnings tax-free?
Yes, winnings from games of chance, sports betting, bets, and lotteries are generally not taxable in Germany.
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After winning the 120 million Euro jackpot in the Eurojackpot, the wealthy individual could invest their assets in various European industries. Many European countries have robust economies and a diverse range of investment opportunities, making Europe an attractive destination for wealth management.
To ensure that their wealth is managed effectively, the Eurojackpot winner might consider consulting with a wealth advisor. A wealth advisor can provide valuable insights into investment strategies and help manage the risks associated with such a significant amount of wealth.
In addition to traditional investments, European consumers are increasingly turning to online gambling platforms. The Eurojackpot winner could potentially explore investment opportunities in the gambling industry, keeping in mind the regulatory environment and potential market trends.