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Euromillions €210 million

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    #422
    US2
    Registered Users Posts: 2,651 ✭✭✭US2


    Almost had heart failure last night, checked my ticket online and a big CONGRATULATIONS YOUVE WON! came up, then I see below 6eueo :(


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    #423
    GreeBo
    Registered Users Posts: 27,057 ✭✭✭✭GreeBo


    seamus wrote: »

    That's nothing when you have €200m. You could spend ten months of the year, every year on that boat, and after fifty years you'd have only spent half your money.

    Or you could spend €5m buying a new boat of your own and another €1m a year on maintenance fees, regardless of how often you use it.

    Maybe I'm being dumb, but isn't buying it far cheaper in your scenario... Like half the price?


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    #424
    Man Vs ManUre
    Registered Users Posts: 5,093 ✭✭✭Man Vs ManUre


    If you do it online, then how do you lie about the extra signatures to avoid paying tax on the big win??


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    #425
    murpho999
    Registered Users Posts: 28,410 ✭✭✭✭murpho999


    Man Vs ManUre wrote: »
    If you do it online, then how do you lie about the extra signatures to avoid paying tax on the big win??

    I'd imagine the winners complete a claim form when collecting the prize in person.

    People seem obsessed with signing the back of the ticket.


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    #426
    Louis Friend
    Banned (with Prison Access) Posts: 590 ✭✭✭Louis Friend


    Anyone can sign the back of a ticket or claim the prize.

    But the issue is whether they’re acting as “nominee” for someone else.

    When you want to be anonymous bidding for a house, for example, you can use someone else (e.g. a solicitor) as you’re nominee to hold the asset for you in bare trust.

    That’s where someone else is the legal owner on paper, but the beneficial owner (i.e. the person who actually owns the asset) is someone else.

    I can sign the back of the ticket but be representing any number of people (e.g. a syndicate or my family). But it’s important to be able to prove that.


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    #427
    An Ri rua
    Registered Users Posts: 4,475 ✭✭✭An Ri rua


    Louis Friend wrote: »
    Anyone can sign the back of a ticket or claim the prize.

    But the issue is whether they’re acting as “nominee” for someone else.

    When you want to be anonymous bidding for a house, for example, you can use someone else (e.g. a solicitor) as you’re nominee to hold the asset for you in bare trust.

    That’s where someone else is the legal owner on paper, but the beneficial owner (i.e. the person who actually owns the asset) is someone else.

    I can sign the back of the ticket but be representing any number of people (e.g. a syndicate or my family). But it’s important to be able to prove that.

    Irish National lottery tickets are bearer instruments, unless there is proof as to shared ownership.


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    #428
    Louis Friend
    Banned (with Prison Access) Posts: 590 ✭✭✭Louis Friend


    An Ri rua wrote: »
    Irish National lottery tickets are bearer instruments, unless there is proof as to shared ownership.

    Exactly. Like a bare trust, ideally written, but potentially oral.


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    #429
    [Deleted User]
    Posts: 17,381 ✭ [Deleted User]


    https://www.mirror.co.uk/news/uk-news/couple-lose-182m-euromillions-jackpot-23589563

    Five weeks in a row playing the numbers but not enough cash in the account to buy the ticket on the winning day.

    Always play quick pick.


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    #430
    cj maxx
    Registered Users Posts: 13,421 ✭✭✭✭cj maxx


    [Deleted User] wrote: »
    https://www.mirror.co.uk/news/uk-news/couple-lose-182m-euromillions-jackpot-23589563

    Five weeks in a row playing the numbers but not enough cash in the account to buy the ticket on the winning day.

    Always play quick pick.

    I did and 3 out of the 5 tickets had the same bonus numbers


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    #431
    Purple Mountain
    Registered Users Posts: 13,023 ✭✭✭✭Purple Mountain


    [Deleted User] wrote: »
    https://www.mirror.co.uk/news/uk-news/couple-lose-182m-euromillions-jackpot-23589563

    Five weeks in a row playing the numbers but not enough cash in the account to buy the ticket on the winning day.

    Always play quick pick.

    I read their interview and they seemed quite blase about missing out!

    To thine own self be true



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    #432
    startrek56
    Banned (with Prison Access) Posts: 89 ✭✭startrek56


    when you see 200m and what a difference it could make to loads of peoples life's, just makes you wonder what it be like to be worth 10 Billion


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    #433
    murpho999
    Registered Users Posts: 28,410 ✭✭✭✭murpho999


    Louis Friend wrote: »
    Anyone can sign the back of a ticket or claim the prize.

    But the issue is whether they’re acting as “nominee” for someone else.

    When you want to be anonymous bidding for a house, for example, you can use someone else (e.g. a solicitor) as you’re nominee to hold the asset for you in bare trust.

    That’s where someone else is the legal owner on paper, but the beneficial owner (i.e. the person who actually owns the asset) is someone else.

    I can sign the back of the ticket but be representing any number of people (e.g. a syndicate or my family). But it’s important to be able to prove that.

    This is total rubbish.

    If you win the lottery then the winners turn up and collect the winnings and sign any required claimant forms. (Signing ticket can be replaced by on line tickets).

    Comparing to a person acting on your behalf at an auction is completely different.

    There's nothing to prove with lottery tickets. Claimants collect the prize. As simple as that.


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    #434
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Purple Mountain wrote: »
    I read their interview and they seemed quite blase about missing out!

    Thought the same myself. You would imagine missing out on being among the 20,000 richest people in the world would be more visibly sickening. Large sums of money don't seem to be as impressive as they were in the past. Imagine missing out on winning a £40 million pound jackpot in 1980; I can imagine that situation would have felt much more painful. Modern life is so constantly distracting and entertaining and basics are so cheap that even the relatively poor don't generally suffer absolute hardship, so being relatively rich (even astronomically rich) isn't as psychologically impactful as it once would have been. Also, we have so much more exposure nowadays to the lives of rich people through the internet and media (partly also because there are in fact more rich people as time passes) that being rich isn't as noteworthy as it used to be. Back in the 90s being even worth a million or two marked someone out as being exceptionally rich; even someone worth 10 or 20 million now wouldn't evoke the same feelings of awe now in my opinion. Consider also footballers earnings, ceos earning tens of millions a year etc. The reaction of these kids is a reflection of the decreased power of wealth to inspire awe.


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    #435
    seamus
    Registered Users Posts: 68,317 ✭✭✭✭seamus


    GreeBo wrote: »
    Maybe I'm being dumb, but isn't buying it far cheaper in your scenario... Like half the price?
    Hah. Yeah, but really my point is that if you fancy the idea of spending some time on a yacht, then hiring one out is by far more cost-effective than owning one, unless you plan on basically living on board.


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    #436
    Louis Friend
    Banned (with Prison Access) Posts: 590 ✭✭✭Louis Friend


    murpho999 wrote: »
    This is total rubbish.

    If you win the lottery then the winners turn up and collect the winnings and sign any required claimant forms. (Signing ticket can be replaced by on line tickets).

    Comparing to a person acting on your behalf at an auction is completely different.

    There's nothing to prove with lottery tickets. Claimants collect the prize. As simple as that.

    No it’s not. Google “bare trust” or “nominee” and have a read.


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    #437
    murpho999
    Registered Users Posts: 28,410 ✭✭✭✭murpho999


    Louis Friend wrote: »
    No it’s not. Google “bare trust” or “nominee” and have a read.

    I know what they are but they are not relevant to lottery wins.


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    #438
    Louis Friend
    Banned (with Prison Access) Posts: 590 ✭✭✭Louis Friend


    murpho999 wrote: »
    I know what they are but they are not relevant to lottery wins.

    They actually are.

    If you had the winning ticket, you could give it to me, I could go in and collect the winnings as your nominee. I would sign the ticket, but it would be a bare trust arrangement. I would be putting myself forward as the legal owner of the ticket when in fact you would be the beneficial owner.


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    #439
    An Ri rua
    Registered Users Posts: 4,475 ✭✭✭An Ri rua


    [Deleted User] wrote: »
    Thought the same myself. You would imagine missing out on being among the 20,000 richest people in the world would be more visibly sickening. Large sums of money don't seem to be as impressive as they were in the past. Imagine missing out on winning a £40 million pound jackpot in 1980; I can imagine that situation would have felt much more painful. Modern life is so constantly distracting and entertaining and basics are so cheap that even the relatively poor don't generally suffer absolute hardship, so being relatively rich (even astronomically rich) isn't as psychologically impactful as it once would have been. Also, we have so much more exposure nowadays to the lives of rich people through the internet and media (partly also because there are in fact more rich people as time passes) that being rich isn't as noteworthy as it used to be. Back in the 90s being even worth a million or two marked someone out as being exceptionally rich; even someone worth 10 or 20 million now wouldn't evoke the same feelings of awe now in my opinion. Consider also footballers earnings, ceos earning tens of millions a year etc. The reaction of these kids is a reflection of the decreased power of wealth to inspire awe.

    Mass counterfeiting by the Central Banks has a lot to do with it. Currency ain't what it used to be...


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