National
Lottery Tickets
By Barry Sheppard Platinum Quality Author
National
lottery tickets usually have a much larger jackpot winning
than other ways of playing the lotto.
In
United Kingdom You Can Win Tax Free Winnings In One Lump –
In
the United Kingdom you can win tax-free winnings in one lump
sum. The United Kingdom has the National Lottery, the Lotto,
Monday – the Charities Lotto, and Euro Millions. Of
course, the National Lottery is the most popular and the largest
lotto game in the UK. It is operated by the Camelot Group
and regulated by the National Lottery Commission. All prizes
in the National Lottery in the UK are paid in one lump sum
and are all tax-free winnings!
There
Are Various Games But The Main One Is 6 Ball Saturday About
$10,000,000 –
Usually
six numbers are drawn from a set of balls that have numbers
ranging from one to forty nine. When you buy a ticket for
this game you choose your own set of numbers, or you can have
the store’s machine print out the numbers for you. If
you have all six numbers you will win the jackpot or share
it with others who may have had the same six winning numbers.
If no one wins the jackpot, that winning money (or non winning
money) is rolled over into the next game where someone may
win the bigger jackpot. However, this roll over technique
can only be done up to three times.
Wednesdays
Are About $5,000,000 –
The
game is played on Saturdays and Wednesdays. On Saturdays you
are going in for about $10,000,000 while on Wednesdays you
are going in for a jackpot of about $5,000,000.
Second
Is 5 Plus Bonus –
If
your chosen numbers match five of the winning ball numbers
plus the bonus ball number you would win sixteen percent of
the remaining fund after the three ball winners take their
€10 each and the four ball winners take their twenty
two percent. So, as you can see, your jackpot winnings could
very well depend on if there are lower winners in the pool
and how many of them there are.
USA-
Percentage Taken And Can Be Taken Over Years –
In
the United States you have choices to make on your winnings.
If you win the jackpot in the lottery you can take the money
as a lump sum or you can take a yearly check over the years.
Of course, in the United States taxes are taken from the lottery
winnings, so it all depends on the person winning and their
financial desires. For some it may be smarter for them to
take a yearly check rather than the whole lump sum all at
once. If calculated you may find that you will get paid more
in the long run if you choose a yearly check from the lottery.
Others think that they should take the lump sum, because quite
honestly, they do not know how much longer they will live
and if they will ever see the rest of the money. Usually a
winner can choose a beneficiary to receive the yearly winnings
should they pass on, but some worry too much about this to
even consider it. It really depends on what you want.
About
The Author
Publishing pro and author/filmmaker Barry Sheppard helps you
put the odds on your side by showing you exactly what steps
you must make at every stage, from picking your numbers to
using winning wheeling systems. http://www.lotteryresults4u.com
Article
Source: http://EzineArticles.com/?expert=Barry_Sheppard
