Euromillions boasts the fact that it is one of the largest tax-free, lump-sum lotteries across the globe. This European Lottery is a relatively recent offering that spans over many countries across Europe.
It was launched on February 13th 2004 with the very first draw taking place in France making it the first truly multi-national lottery.
At first, just three countries were involved, with the UK, France & Spain in a collaborative effort. A few months later however, in October 2004, Austria, Belgium, the Republic of Ireland, Luxembourg, Portugal & Switzerland also became involved.
More European countries are bound to follow suit especially as more and more countries elect to join and are accepted into the European Union.
The euromillions lottery pools the monies paid in from all of the participating nations and this results in truly massive Jackpots which are often some of the largest in the world.
As more countries join, these jackpot prize funds will undoubtedly continue to rise in value further.
Euromillions (or Euro Lottery as it is sometimes known as) draws are held each and every Friday evening and are held in Paris.
How Do I Play This Lottery?
The cost of entry to play in this European Lottery is £1.50 sterling in the UK and €2.00 in the other countries involved.
To play this lottery, players need to pick 5 main numbers (from 1 to 50) and then 2 “lucky star” numbers (from 1 to 9).
The mechanics of the Euromillions draw are like this……… 5 balls are drawn from 50 numbers (1 to 50) and then 2 balls (called “lucky stars”) are drawn from 9 numbers (1 to 9).
First the 5 main numbers and then the 2 “lucky star” numbers are drawn randomly from 2 separate draw machines that contain the numbered balls.
Rollovers = Much Larger Jackpots
An exciting part of the Euro Lotto is the “Rollover”. On any given week, if the correct numbers are not matched to win the Jackpot, the prize fund “rolls over” to the following week.
This means that the jackpot prize increases in value week after week until the correct numbers are matched.
Laws instigated in February 2007 limit the number of “roll-overs” that can take place to eleven. Just think how huge the jackpot would be, though, if this top prize did “roll-over” eleven times…….which it does!
The Euro-millions Jackpot reached €183 million after rolling over the maximum of eleven times on 17th November 2006.
The odds of winning the Euro Jackpot are 1 in 76 million but the nature of this is that the draw results in frequent rollovers and hence, much larger jackpots. For comparison, the UK National Lottery Jackpot odds are 1 in 14 million.
These rollovers mean much higher jackpot prizes and of course, greater lottery tickets sales resulting also in a much greater number of prizes available on lower tiers of the entire prize fund.
So…..the overall odds of winning a prize in the Euromillions draw comes right down to a very respectable 1 in 24.
Anyone who is 18 years of age or over (16 years in the UK) can play inthe Euro-Millions.
Normally you would have to be a resident citizen in one of the participating countries but with the advent of online lottery ticket sales you can now obtain your Euro Lotto tickets from any number of online agents no matter where you live in the world.