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Imagine your joy when, after many 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 cash to start your own business.
It could undoubtedly 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 give up on that dream home, or that business?
Many casino jackpot and lottery winners have faced this disappointment when they realize that large prizes tend to be not awarded all at once. The good gambling news is that you will discover now other 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 more years. You can find often various ways in which cash advance providers could possibly get the cash for the winners, with the very best choice evaluated on an individual case basis.
Among the benefits of receiving a cash prize at once, rather than over time, is the fact that it reduces the effect that inflation shall have on the value of the award. On top of that, cash advance providers work very quickly, and may usually get the winners their cash within several weeks, permitting them to use their money as they wish and then for what they wish, without the need of to throw away their dreams.
So where are the best Jackpots to be had in the world, and that has won the most EVER? I have looked into this and it’s 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 as well as a Jackpot of Ł587 million. The way the Spanish Christmas lottery works is to generate lots 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 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 a job 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 folks who worked for a meatpacking plant. They elected to receive their winnings in cash, sharing $177,270,519.67 (after taxes), as the top prize in Powerball and Mega Millions draws are determined by 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 when a 38 year old cleaner Soraya Lowell, from Lanarkshire won a large 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.