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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 money to start your own business.
It might 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 once-a-year payments. Do you then quit on that dream home, or that business?
Many casino jackpot and lottery winners have faced this disappointment once they understand that large prizes are often not awarded all at once. The excellent news is that there are now additional options for these lucky people. Cash advance providers can assist lottery, Continued casino, and contest winners with getting their cash prizes immediately, rather than over 20 or more years. There are often various ways through which cash advance providers may get the money for the winners, with the top choice evaluated on an individual case basis.
Among the advantages of receiving a cash prize at once, rather than over time, is that it lessens the effect that inflation shall have on the value of the award. On top of that, cash advance providers work quickly, and may usually get the winners their cash within several weeks, letting them use their money as they wish as well as for what they wish, without needing to throw away their dreams.
So where are the best Jackpots to be had on the globe, and who has won the most EVER? I’ve looked into this which is far from a science, but my research says the largest Jackpots ever won are as follows:
The largest Lottery Prize Funds reside not inside america, 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 many winners, so last year 180 winners received around Ł3.25 million each.
The largest Single ticket Jackpot Winner on this planet is just 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 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 job in throwing cars around a track. The biggest headline jackpot of $365 million occurred on February 18, 2006 and was won by a single ticket in Nebraska. It was shared by eight those 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 on 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 an enormous 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 within the news recently after being sued for Bankruptcy by South Lanarkshire Council over unpaid Council Tax debts. Go figure.
