Euro Millions Prize Breakdown and Fund Allocation
EuroMillions Prize Fund Allocation
Euromillions Jackpot prizes are paid out in the currency of the country in which you bought your ticket, Euros in most countries, Sterling in the United Kingdom and Francs in Switzerland.
The euro millions ticket breakdown is as follows:
1. €2 face value of the ticket
2. 50% goes to lottery operator
3. 50% is paid to a prize fund
4. UK – Of Camelots 50%
4.1 12% goes to the government
4.2 28% to UK good causes
4.3 5% goes to retailers
The UK uses Sterling which makes things slightly different, up until November the 7th 2009 the prize breakdown was as follows:
Ticket cost: £1.50
1. €1 goes to the prize fund like everyone else
2. 75p goes to the operator
Due to the Eur/GBP exchange rate, the price per line has gone up to £2 and every entry is automatically entered into the Millionaire raffle.
If there is an outstanding amount due to exchange fluctuations this goes to the prize fund as you have paid more for the ticket than anyone else and this is added to the lowe tier prizes and this is why UK lower prizes amount to slightly more than the euro variation.
On Friday all countries prize funds are added up for one grand total that is used to pay out all the prizes based on the percentage split shown in the table.
1. 22% of the prize fund is paid into the Jackpot fund
2. 16% goes to a Booster Fund
3. 62% of the prize fund to be allocated across all the other prize levels
If a Jackpot is not won, the value in the Jackpot ‘pot’, into which every country
has paid 22% of their prize fund, remains in that pot and is added to the following
week (called a Rollover), and so on until it is won or the jackpot rollover limit is reached. But the lower Tier prizes are allocated each week, and the value of the fund starts at zero for the following week. More tickets are sold when there is a Rollover Jackpot so the overall value of the prize fund will be greater and so Tier value prizes will be higher as well.
The Booster Fund is available to boost the Jackpot if needed, say at the start of a new draw period. The amount moved from this fund to the Jackpot is agreed in advance by the participating lottery operators.
Prize fund allocation up until May 10th 2011:
|Prize Level||Matches||% Prize Fund|
|Jackpot||Match 5 + 2||22%|
|Tier 2||Match 5 + 1||7.4%|
|Tier 3||Match 5||2.1%|
|Tier 4||Match 4 + 2||1.5%|
|Tier 5||match 4 + 1||1%|
|Tier 6||match 4 + 0||0.7%|
|Tier 7||Match 3 + 2||1 %|
|Tier 8||Match 3 + 1||5.1%|
|Tier 9||match 2 + 2||4.4%|
|Tier 10||Match 3||4.7%|
|Tier 11||Match 1 + 2||10.1%|
|Tier 12||match 2||24|
Prize fund allocation after May the 10th 2011:
|Prize Level||Matches||Probability of winning||% Prize Fund|
|Jackpot||Match 5 + 2||1 in 116,531,800||32%|
|Tier 2||Match 5 + 1||1 in 6,473,989||4.8%|
|Tier 3||Match 5||1 in 3,236,994||1.6%|
|Tier 4||Match 4 + 2||1 in 517,919||0.8%|
|Tier 5||match 4 + 1||1 in 28,773||0.7%|
|Tier 6||match 4 + 0||1 in 14,387||0.7%|
|Tier 7||Match 3 + 2||1 in 11,771||0.5%|
|Tier 8||Match 3 + 1||1 in 821||2.3%|
|Tier 9||match 2 + 2||1 in 654||2.3%|
|Tier 10||Match 3||1 in 327||3.7%|
|Tier 11||Match 1 + 2||1 in 156||6.5%|
|Tier 12||match 2 + 1||1 in 46||17.6%|
|Tier 12||match 2||1 in 23||18%|
Different lottery operators have different rules. French prizes must be claimed in 60 days.
Anything above £50,000 must be claimed in person from a National Lottery Regional Centre and will be paid by cheque.
If you win a big prize, call The National Lottery Line immediately for assistance in claiming your prize. Ring 0845 9 100 000. To claim any prize above £500, you will have to complete a Claim Form and give proof of your identity. If you are claiming a large prize, additional checks on your winning ticket may be conducted.
All National Lottery prizes must be claimed by 11.00pm, 180 days after the winning draw. You can also claim your winnings by post. Send your winning ticket and the completed Claim Form to this address:
The National Lottery,
Accounts Dept., P.O. Box 287, Watford WD1 8TT