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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 even using the money to start your own business.
It will without doubt be quite a great time. But imagine if, shortly after learning about your windfall, you are told that the winnings will not be paid out in one lump sum, but in relatively small yearly payments. Do you then quit on that dream home, or that business?
Many casino jackpot and lottery winners have faced this disappointment when they realize that large prizes are usually not awarded all at once. The good online casino news is the fact that you will find now additional options of these lucky people. Cash advance providers can assist lottery, casino, and contest winners with getting their cash prizes immediately, rather than over 20 or even more years. There are often various ways by which cash advance providers may get the money for the winners, with the very best choice evaluated upon an individual case basis.
Among 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. Also, cash advance providers work quickly, and can usually get the winners their cash within several weeks, permitting them to use their cash because they wish as well as for what they wish, without having to throw away their dreams.
So where are the best Jackpots to be had on earth, 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 biggest Jackpots ever won are as follows:
The biggest Lottery Prize Funds reside not in the united states, 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 largest Single ticket Jackpot Winner in the world 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 Ramsay for a career in throwing cars around a track. The biggest headline jackpot of $365 million occurred on February 18, 2006 and was won by just one ticket in Nebraska. It was shared by eight people 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 is the land of Bingo, and the biggest ever win at bingo was in 2008 when a 38 year-old cleaner Soraya Lowell, from Lanarkshire won a big 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.