Latest news with #NationalLotteryHQ
Irish Independent
13 hours ago
- Business
- Irish Independent
‘You'll be pitched everything, from crypto to your cousin's cafe' –€250m EuroMillions winner warned not to get scammed
The new multi-millionaire, who bought the ticket in Cork, will probably be urged to invest in everything from crypto to a cafe, financial experts said. Today, lottery bosses are expected to reveal the shop where the winning ticket was sold. The winner, who has made themselves known to National Lottery HQ, has been cautioned not to throw their money away on scams or poor investments. Large numbers of lottery winners around the world end up going broke because of scams and bad investments. Financial adviser Colm Power said the winner should avoid high-risk investments. They will need to invest much of the money to stay ahead of inflation and to ensure the money retains its buying power, he said. Be cautious – if it sounds too good to be true, it probably is Mr Power, who is managing director of employee benefits and wealth at professional services firm NFP, said: 'Avoid high-risk ventures. You'll be pitched everything: from crypto to your cousin's cafe. Be cautious. If it sounds too good to be true, it probably is.' Conail Flynn, the executive director of financial advisory firm LHK, said the winner needs to seek out impartial financial advice. 'Be sure to look at all your options and to get impartial investment advice,' Mr Flynn said. 'Be wary of scams. Don't let any exuberance around your Lotto win see you throw caution to the wind and throw your money away on an investment scam or a poor investment.' Mr Flynn said the EuroMillions winner should get a tax adviser, a regulated and independent financial planner or adviser, and a specialist probate solicitor. 'It's important to sit down with the right person to discuss what you should do with your money, especially if you are a young individual whose parents may have passed away and who may not have anyone to guide you,' he said. Financial adviser Glenn Gaughran said the winner should conduct a thorough assessment of potential financial advisers before appointing one. Mr Gaughran, who is head of business development at the Independent Trustee Company, said: 'Before choosing a financial adviser, contact a number of them and compare their fees, qualifications and experience. 'Find out how much the financial adviser will charge, if ongoing advice will be provided and if so, what the cost will be.' He said the winner should also ask what other payments the financial adviser receives: for example, if they are paid commission from the financial services firm they are selling products for. The latest EuroMillions winner will be one of the richest 100 people in the State. The record-breaking win surpasses the €175m record for the largest cheque ever presented to an Irish player, in February 2019.
Irish Daily Mirror
2 days ago
- Business
- Irish Daily Mirror
National Lottery sends message to Irish winner of €250 million jackpot
The National Lottery has urged the Irish winner of the EuroMillions jackpot to 'stay calm, get independent legal and financial advice and contact us as soon as they can' after confirmation of an Irish winner of a 'mind-blowing' €250 million win. The National Lottery also confirmed that details of the winning ticket will be 'revealed over the coming days' as there are 'procedures to follow' in the wake of such a massive win, the maximum amount that can be won in the EuroMillions and the highest ever National Lottery win in Irish history. The record-breaking win eclipses the €175 million record for the largest cheque presented in the famous Winners' Room, when Reilly's Daybreak on Main Street in The Naul, Co. Dublin, sold the winning ticket for Ireland's largest EuroMillions win in February 2019. In a statement on Tuesday night, National Lottery CEO advised people to check their tickets 'and if they are the winner, sign the back of the ticket, keep it safe, and contact National Lottery HQ and we will guide you through the claims process". Excitement and speculation is rife throughout the country in the wake of the unprecedented success; follow our live blog for updates and reaction below. National Lottery CEO Cian Murphy issued a statement in the wake of Tuesday night's historic jackpot win. He said: "We are absolutely thrilled to see this incredible and record win for an Irish EuroMillions player! We are advising our players to check their tickets and if they are the winner, sign the back of the ticket, keep it safe, and contact National Lottery HQ and we will guide you through the claims process. "The details surrounding the winning ticket will be revealed over the coming days. With such a big win we have procedures to follow, but we will reveal the winning location as soon as we can. "While this is a massive win, it can come as a shock to a winner and we advise them to stay calm, get independent legal and financial advice and contact us as soon as they can."
Wales Online
2 days ago
- Business
- Wales Online
Single ticket-holder wins massive £208million EuroMillions jackpot
Single ticket-holder wins massive £208million EuroMillions jackpot The EuroMillions jackpot is capped once it reaches 250 million euros – or £208 million The EuroMillions draw A single ticket-holder from Ireland has won the 250 million euro EuroMillions jackpot, the Irish National Lottery said. The winning numbers from Tuesday's draw, which had rolled over several times, are 13, 22, 23, 44 and 49, with lucky stars 3 and 5. This will be Ireland's 18th winner of the EuroMillions jackpot and its largest ever win. Irish National Lottery chief executive Cian Murphy asked people to carefully check their EuroMillions tickets. 'We are absolutely thrilled to see this incredible and record win for an Irish EuroMillions player,' he said. 'We are advising our players to check their tickets and, if they are the winner, sign the back of the ticket, keep it safe, and contact National Lottery HQ and we will guide you through the claims process.' He said they would reveal the location of the winning ticket as soon as possible. The details surrounding the winning ticket will be revealed over the coming days,' he said. 'With such a big win we have procedures to follow, but we will reveal the winning location as soon as we can. While this is a massive win, it can come as a shock to a winner and we advise them to stay calm, get independent legal and financial advice and contact us as soon as they can.' Article continues below The EuroMillions jackpot is capped once it reaches 250 million euros – or £208 million. This jackpot reached the maximum amount on Friday June 6. In total, more than 92,000 players in Ireland won prizes in the EuroMillions and Plus games. The last Irish winner of the EuroMillions jackpot was in February 2022, when a person won 30.9 million euro with a quick pick ticket they purchased at a service station in Ballina, Co Tipperary.
North Wales Chronicle
3 days ago
- Business
- North Wales Chronicle
Single ticket-holder from Ireland wins 250m euro jackpot on EuroMillions
The winning numbers from Tuesday's draw, which had rolled over several times, are 13, 22, 23, 44 and 49, with lucky stars 3 and 5. This will be Ireland's 18th winner of the EuroMillions jackpot and its largest ever win. Irish National Lottery chief executive Cian Murphy asked people to carefully check their EuroMillions tickets. 'We are absolutely thrilled to see this incredible and record win for an Irish EuroMillions player,' he said. 'We are advising our players to check their tickets and, if they are the winner, sign the back of the ticket, keep it safe, and contact National Lottery HQ and we will guide you through the claims process.' He said they would reveal the location of the winning ticket as soon as possible. 'The details surrounding the winning ticket will be revealed over the coming days,' he said. 'With such a big win we have procedures to follow, but we will reveal the winning location as soon as we can. 'While this is a massive win, it can come as a shock to a winner and we advise them to stay calm, get independent legal and financial advice and contact us as soon as they can.' The EuroMillions jackpot is capped once it reaches 250 million euros – or £208 million. This jackpot reached the maximum amount on Friday June 6. In total, more than 92,000 players in Ireland won prizes in the EuroMillions and Plus games. The last Irish winner of the EuroMillions jackpot was in February 2022, when a person won 30.9 million euro with a quick pick ticket they purchased at a service station in Ballina, Co Tipperary.
South Wales Guardian
3 days ago
- Business
- South Wales Guardian
Single ticket-holder from Ireland wins 250m euro jackpot on EuroMillions
The winning numbers from Tuesday's draw, which had rolled over several times, are 13, 22, 23, 44 and 49, with lucky stars 3 and 5. This will be Ireland's 18th winner of the EuroMillions jackpot and its largest ever win. Irish National Lottery chief executive Cian Murphy asked people to carefully check their EuroMillions tickets. 'We are absolutely thrilled to see this incredible and record win for an Irish EuroMillions player,' he said. 'We are advising our players to check their tickets and, if they are the winner, sign the back of the ticket, keep it safe, and contact National Lottery HQ and we will guide you through the claims process.' He said they would reveal the location of the winning ticket as soon as possible. 'The details surrounding the winning ticket will be revealed over the coming days,' he said. 'With such a big win we have procedures to follow, but we will reveal the winning location as soon as we can. 'While this is a massive win, it can come as a shock to a winner and we advise them to stay calm, get independent legal and financial advice and contact us as soon as they can.' The EuroMillions jackpot is capped once it reaches 250 million euros – or £208 million. This jackpot reached the maximum amount on Friday June 6. In total, more than 92,000 players in Ireland won prizes in the EuroMillions and Plus games. The last Irish winner of the EuroMillions jackpot was in February 2022, when a person won 30.9 million euro with a quick pick ticket they purchased at a service station in Ballina, Co Tipperary.
