Imagine your joy when, after years and years of buying your weekly ticket, you finally win the lottery. Or, perhaps, in one lucky pull, you hit the jackpot on the slots at the casino. In that instant you imagine all of your financial hardships vanishing before your eyes. You envision purchasing your dream home, or possibly using the money to start your own business.
It would undoubtedly be quite an exciting time. But imagine if, shortly after learning about your windfall, you are told that your particular winnings will not be paid out in one lump sum, but in relatively small once-a-year payments. Do you then give up on that dream home, or that business?
Many casino jackpot and lottery winners have faced this disappointment once they recognize that large prizes are often not awarded all at once. The great news is that you will discover now other options of such lucky people. Cash advance providers can assist lottery, casino, and contest winners with getting their cash prizes immediately, rather than over 20 or more years. You’ll find often various ways through which cash advance providers could get the money for the winners, with the best choice evaluated upon an individual case basis.
Among the advantages of receiving a cash prize at once, rather than over time, is that it lessens the effect that inflation shall have on the value of the award. Additionally, cash advance providers work quickly, as well as can usually get the winners their cash within several weeks, letting them use their cash because they wish and for what they wish, without the need of to throw away their dreams.
So where will be the best Jackpots to be had on the planet, and who has won the most EVER? I have looked into this and it is far from a science, but my research says the largest Jackpots ever won are as follows:
The biggest Lottery Prize Funds reside not inside the usa, but in Spain, where the 2011 Spanish Christmas Lottery had a Prize Fund of Ł1.2 billion and also a Jackpot of Ł587 million. The way the Spanish Christmas lottery works is to generate a lot of winners, so last year 180 winners received around Ł3.25 million each.
The biggest Single ticket Jackpot Winner on the planet is one of our own – Colin and Christine Weir of Scotland won Ł161.7 million in July 2011. They won a multiple rollover Euro Millions Jackpot and were the only winners. So far they have bought a whole new house in 23 acres on the outskirts of their home town Largs in Scotland, employed a cook and sponsored a local boy racer Gregor good gambling Ramsay for a profession in throwing cars around a track. The largest headline jackpot of $365 million occurred on February 18, 2006 and was won by just one ticket in Nebraska. It was shared by eight those who worked for a meatpacking plant. They elected to receive their winnings in cash, sharing $177,270,519.67 (after taxes), as the very best prize in Powerball and Mega Millions draws are based upon an annuity rather than just straight cash – those American Lottery marketers!
Britain will be the land of Bingo, and also the biggest ever win at bingo was in 2008 when a 38 year-old cleaner Soraya Lowell, from Lanarkshire won a huge Ł1.2 million. This beat the previous biggest bingo win of Ł1.1 million that was won by Christine Bradfield in a bingo club in Merthyr Tydfil in Wales. Soraya has been back in the news recently after being sued for Bankruptcy by South Lanarkshire Council over unpaid Council Tax debts. Go figure.