Euromillions €210 million

yabadabado · 25-02-2021 8:53pm

A few awful miserable ****ers about .

Irishphotodesk · 25-02-2021 9:27pm

yabadabado wrote: »

A few awful miserable ****ers about .

Money and greed have a habit of being out the worst in people.

hhmmm? · 25-02-2021 10:57pm

If I win this money tomorrow I will go on national TV and make it known that I will not spend one cent of it in this country. I will see to it that this jackpot pays no tax to this government, a government that has let me and my fellow people down does not disserve to benefit from my windfall.

dxhound2005 · 25-02-2021 11:20pm

hhmmm? wrote: »

If I win this money tomorrow I will go on national TV and make it known that I will not spend one cent of it in this country. I will see to it that this jackpot pays no tax to this government, a government that has let me and my fellow people down does not disserve to benefit from my windfall.

This is the Euromillions. What country are you in?

Yurt2 · 25-02-2021 11:33pm

hhmmm? wrote: »

If I win this money tomorrow I will go on national TV and make it known that I will not spend one cent of it in this country. I will see to it that this jackpot pays no tax to this government, a government that has let me and my fellow people down does not disserve to benefit from my windfall.

Now that's a Bond villain move.

*Darth Vader voice*

"So-called government and sheeple of Ireland. You have failed your son. My revenge is a cunning a devious one - I shall take my many tax-free millions, get on an airplane to ANOTHER COUNTRY and buy stuff there. Mwahahahahaha!"

*Gets stopped at checkpoint outside Dublin Airport*

"Sh*t"

yabadabado · 25-02-2021 11:45pm

Won't they have to pay tax to get a flight out of here ...

25-02-2021 11:50pm

yabadabado wrote: »

Won't they have to pay tax to get a flight out of here ...

PLAN FOILED!

Irishphotodesk · 26-02-2021 12:14am

yabadabado wrote: »

Won't they have to pay tax to get a flight out of here ...

After they buy their own plane ?

celticWario · 26-02-2021 12:25am

Where's the best place to flee from this hellscape, Switzerland? Luxembourg?

robinwing · 26-02-2021 12:33am

celticWario wrote: »

Where's the best place to flee from this hellscape, Switzerland? Luxembourg?

Craggy Island

Louis Friend · 26-02-2021 12:40am

1) Engage a private client tax or legal specialist from a large firm
2) Get them to collect your winnings as your nominee
3) Lodge the money outside of Ireland following advice from the above specialist
4) Tell no one other than your spouse
5) Don’t ramp-up your lifestyle massively; pay off your mortgage, change your cars for something nice, but not too nice, and blame PCP if asked
6) Take investment advice from a large reputable firm, but not one in Ireland
7) Invest in some businesses which can do okay and explain the uplift in your wealth; essentially ‘launder’ some of your winnings from a perception perspective

Irishphotodesk · 26-02-2021 7:55am

Louis Friend wrote: »

1) Engage a private client tax or legal specialist from a large firm
2) Get them to collect your winnings as your nominee
3) Lodge the money outside of Ireland following advice from the above specialist
4) Tell no one other than your spouse
5) Don’t ramp-up your lifestyle massively; pay off your mortgage, change your cars for something nice, but not too nice, and blame PCP if asked
6) Take investment advice from a large reputable firm, but not one in Ireland
7) Invest in some businesses which can do okay and explain the uplift in your wealth; essentially ‘launder’ some of your winnings from a perception perspective

So you don't want to go into the winners room in lottery HQ ? It really is a good experience, the balloons, canapes champagne... atmosphere is very fun and relaxing..... I was there for ahem.. work.

Had to photograph some winners a few years ago.

cj maxx · 26-02-2021 8:34am

Irishphotodesk wrote: »

So you don't want to go into the winners room in lottery HQ ? It really is a good experience, the balloons, canapes champagne... atmosphere is very fun and relaxing..... I was there for ahem.. work.

Had to photograph some winners a few years ago.

I wouldn't be doing all that photos and balloons stuff. Hire a top notch lawyer and accountant. Tell as few people as possible.

Irishphotodesk · 26-02-2021 8:38am

cj maxx wrote: »

I wouldn't be doing all that photos and balloons stuff. Hire a top notch lawyer and accountant. Tell as few people as possible.

You can opt to not go public and still enjoy the winners room and all that .

Most people these days opt out of the publicity.

Louis Friend · 26-02-2021 8:53am

It’s €210m. I wouldn’t want to be next or near any winners’ room or for anyone to know I’d won it.

26-02-2021 9:21am

What’s the story with squatters rights?

If I buy houses and my family and friends move into them but never pay a penny rent, can they claim squatters rights and is that taxable?

Irishphotodesk · 26-02-2021 9:26am

Louis Friend wrote: »

It’s €210m. I wouldn’t want to be next or near any winners’ room or for anyone to know I’d won it.

The only people that would know you were there would be lottery hq staff and you.... if the media were outside they have no way of knowing who is going into or out of the building and what their business is.

Irishphotodesk · 26-02-2021 9:28am

Strawberry Milkshake wrote: »

What’s the story with squatters rights?

If I buy houses and my family and friends move into them but never pay a penny rent, can they claim squatters rights and is that taxable?

That’s a difficult thing to claim , and takes a minimum of 12yrs .

Multipass · 26-02-2021 9:32am

Louis Friend wrote: »

It’s €210m. I wouldn’t want to be next or near any winners’ room or for anyone to know I’d won it.

I’d even be scared that the lawyer might pass info onto a buddy in organised crime.

Conall Cernach · 26-02-2021 9:43am

celticWario wrote: »

Where's the best place to flee from this hellscape, Switzerland? Luxembourg?

I've never been to Luxembourg but I holiday in Zermatt, Switzerland every year and that's where I'd head to. It's expensive but no one cares how much money you have and 210 million is small change to a lot of people there.

Irishphotodesk · 26-02-2021 10:47am

Conall Cernach wrote: »

I've never been to Luxembourg but I holiday in Zermatt, Switzerland every year and that's where I'd head to. It's expensive but no one cares how much money you have and 210 million is small change to a lot of people there.

Did a weekend tour of Luxembourg a few years ago, thanks to luxair and the government, lovely country - well worth a visit, can't say what it's like to live there but it is quite small, so people will know people and word will spread - depending on the story that you put out.

carltonleon · 26-02-2021 11:11am

hhmmm? wrote: »

If I win this money tomorrow I will go on national TV and make it known that I will not spend one cent of it in this country. I will see to it that this jackpot pays no tax to this government, a government that has let me and my fellow people down does not disserve to benefit from my windfall.

But if you go on tv to make that broadcast, surely that will cost you money to do 😂

murpho999 · 26-02-2021 11:23am

AndrewJRenko wrote: »

If you lie when declaring your syndicate, claiming existence of a syndicate that never existed, Revenue can come after you.

What are you on about? Two people can form a syndicate within seconds.

If 2 people share the cost of a ticket and win they don't have to have a formal syndicate agreement drawn up.

Also, I don't think revenue is really looking at this stuff. Bigger fish to fry.

startrek56 · 26-02-2021 11:27am

i know you can give someone 3k without it being taxed, but you could easily give someone 20k a year without anyone knowing if you just handed them over cash..

2 grand a month cash, let them spend it on shopping, new clothes, save it up for a car etc...

startrek56 · 26-02-2021 11:31am

four seasons resort in costa rica would be nice for a few months, until it all dies down

26-02-2021 11:33am

murpho999 wrote: »

What are you on about? Two people can form a syndicate within seconds.

If 2 people share the cost of a ticket and win they don't have to have a formal syndicate agreement drawn up.

Also, I don't think revenue is really looking at this stuff. Bigger fish to fry.

I think Andrew is one of those guys who will argue his original position no matter what. You are right. The syndicate is created by signing the tickets even if there was no other written agreement. Then people on the ticket sign the claim form.

Agreements can often be verbal prior to the win. So what exactly are revenue going after?

26-02-2021 11:35am

startrek56 wrote: »

i know you can give someone 3k without it being taxed, but you could easily give someone 20k a year without anyone knowing if you just handed them over cash..

2 grand a month cash, let them spend it on shopping, new clothes, save it up for a car etc...

So you're advocating tax evasion? OK...

murpho999 · 26-02-2021 11:42am

Deleted User wrote: »

I think Andrew is one of those guys who will argue his original position no matter what. You are right. The syndicate is created by signing the tickets even if there was no other written agreement. Then people on the ticket sign the claim form.

Agreements can often be verbal prior to the win. So what exactly are revenue going after?

Yes but as stated before this signed ticket thing is dated nowadays as you can buy a ticket online via desktop or app.

It's the claim form that you mention is key. You have to collect in person so all the people who are part of the syndicate just go together and collect winnings and declare themselves winners and that's it.

There's no need for formal legalisation of a syndicate as Andrew claims.

US2 · 26-02-2021 11:45am

Buying a ticket is like buying a dream really. Even if I don't win i have a few hours of the nicest daydreams imaginable. Worth 3.5 quid for that alone

startrek56 · 26-02-2021 12:03pm

Student_111 wrote: »

So you're advocating tax evasion? OK...

i will build things for the community to offset it...

i mean, who wants to pay that much tax on things anyway for helping out a few friends who will spend money in the economy anyway!!

Euromillions €210 million

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