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 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 no doubt be quite a great 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 realize that large prizes tend to be not awarded all at once. The excellent news is that you can find now other options for these lucky people. Cash advance providers can assist lottery, casino, and contest winners with getting their cash prizes immediately, rather than over 20 or More Support years. You can find often various ways by which cash advance providers can get the money for the winners, with the best choice evaluated on an individual case basis.
One of the advantages of receiving a cash prize at once, rather than over-time, is the fact that it reduces the effect that inflation may have on the value of the award. On top of that, cash advance providers work quickly, and also can usually get the winners their cash within several weeks, enabling them to use their money because they wish and for what they wish, without needing to throw away their dreams.
So where will be the best Jackpots to be had worldwide, and who may have won the most EVER? I’ve looked into this and it is far from a science, but my research says the largest Jackpots ever won are listed below:
The biggest Lottery Prize Funds reside not within the usa, but in Spain, where the 2011 Spanish Christmas Lottery had a Prize Fund of Ł1.2 billion as well as a Jackpot of Ł587 million. The way the Spanish Christmas lottery works is to generate many winners, so last year 180 winners received around Ł3.25 million each.
The biggest Single ticket Jackpot Winner on the globe is one of our very 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 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 Ramsay for an occupation 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 individuals 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 according to an annuity rather than just straight cash – those American Lottery marketers!
Britain is the land of Bingo, as well as the biggest ever win at bingo was in 2008 whenever a 38 year-old cleaner Soraya Lowell, from Lanarkshire won a massive 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 within the news recently after being sued for Bankruptcy by South Lanarkshire Council over unpaid Council Tax debts. Go figure.