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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 perhaps using the money to start your own business.
It could no 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 annual payments. Do you then give up on that dream home, or good online betting that business?
Many casino jackpot and lottery winners have faced this disappointment when they realize that large prizes are often not awarded all at once. The excellent 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 maybe more years. There are actually often various ways by which cash advance providers can usually get the money for the winners, with the most effective choice evaluated upon an individual case basis.
Among the benefits of receiving a cash prize at once, rather than over time, is the fact that it lessens the effect that inflation may have on the value of the award. Also, cash advance providers work quickly, and will usually get the winners their cash within several weeks, enabling them to use their money because 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 who has won the most EVER? I have looked into this and it is far from a science, but my research says the biggest Jackpots ever won are listed below:
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 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 earth 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 brand 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 profession 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 individuals 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 based on an annuity rather than just straight cash – those American Lottery marketers!
Britain will be 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 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.