euromillions

EuroMillions

Since its launch in February 7, 2004, EuroMillions has grown into one of the largest transnational lotteries in the world. Initially, the lottery was only available through France, Spain, and the United Kingdom through these lottery operators: Francaise des Jeux (France), Loterias y Apuestas del Estado, and Camelot (UK). It became so successful though that lotteries from Ireland, Belgium, Austria, Portugal, Switzerland, and Luxembourg eventually joined in just a couple of months (October 8, 2004). With that said, what contributed to the rise of this lottery? Why has it continued to become so popular despite the fact that recent changes has resulted in the jackpot winning odds decreasing?

Notable features

To understand the appeal of EuroMillions, we’ll first need to delve in to its features. Similar to Powerball and Mega Millions, this lottery lets players select from two sets/pools of numbers. The first pool has numbers from 1 to 50 which the players need to choose 5 of. For the second pool, also called lucky stars, players only need to choose 2 numbers out of a total of 12. Players can choose these numbers the moment they purchase their EuroMillions lottery ticket. Prices for the tickets usually differ based on where you happen to purchase them. These usually go for €2.50, £2.50, or CHF 3.50. On top of these, the lottery also features add-ons (both optional and non-optional) that can add €.50 to €1.00 to the cost of the tickets.

In order to win, players need to get at least 2 main numbers in the draw (done every Tuesday and Friday) right. Depending on the country that they bet on, getting 2 main numbers right will result in a €4 or £3 win. The probability for these wins also aren’t that bad. Currently, the player has a 4.57% chance of getting 2 of his/her main numbers drawn. Of course, the probability for winning only goes down for larger prizes. For example, players aiming for the EuroMillions jackpot (5 main numbers and 2 lucky star numbers) face a 1:139838160 (0.00000072%) chance of winning.

How it stacks up to other lotteries

So, how does this compare to other popular lotteries then? In terms of odds, players are theoretically better off betting on EuroMillions as opposed to American lottery games like Powerball or Mega Millions. The odds of a player winning the jackpot in Mega Millions is currently at 1:258890850. The only drawback with EuroMillions’ “better” odds though is that the jackpots are usually much lower compared to that of the US-based lotteries. Fortunately, these jackpots are tax-free (except if you’re from Spain, Portugal, and Switzerland) so players will more or less get to enjoy all of their winnings.

Availability

While this lottery is available mainly to participating national lotteries of the EuroMillions trust (see above), residents from outside of these countries can still purchase tickets and win. There are numerous online services around that allow players from all over the world to purchase tickets for lotteries like EuroMillions, Powerball, Mega Millions, SuperEnaLoto, and many more. So long as you’re of legal age and the act of purchasing lottery tickets online is legal in your country then you’ll have no issues making use of some of these online services. So the next time you happen to feel lucky, you might want to check out the current EuroMillions jackpot. You just might end up winning a jackpot that would allow you to comfortably retire from your job.