One does not have to reside in Ireland so as to take part in Irish National Lottery. If you can access the Internet, you can also bet on the results of Irish Lotto from any place in the UK with Lottoland.
Minimum Jackpot for Irish Lottery
The minimum jackpot of Irish Lotto which is guaranteed is €2 million, around £1.46 million.
Maximum Jackpot for Irish Lottery
At present, the cap for the jackpot is €18.9, around £13.88 million. Currently, this is the record jackpot from the time the format change was implemented in September 2015.
Since the objective of changing the format was to raise the jackpot sizes, it can be safely assumed that after this cap is reached, it will be lifted shortly afterwards, facilitating huger jackpots than before.
Irish Lottery winning odds
The Irish Lotto offers you a 1 in 29 chance of becoming a winner of any prize or a 1 in 14 chance in case you choose to bet on Lotto Plus option also. Odds for the jackpot are 10,737,573:1. These odds are four times better compared to UK lotto odds.
The tiniest jackpot prize is €3, which is about £2.20 when two numbers are matched, as well as the Bonus ball. Where Irish Lottery is concerned, your winnings will not be taxed. You shall obtain the cash in a single lump amount, whether you win the jackpot or smallest prize. This is tax free for Irish and UK residents.
How many individuals participate in Irish Lotto?
It is approximated that two million individuals join the Irish Lotto in Ireland every week. But, a lot more opt to bet on the results through Lottoland.
The draw or Irish Lotto occurs two times each week on Wednesday and Saturday night at 19:57. The draw can be viewed on RTE television, which is the national broadcaster in Ireland. Tickets should be bought before the 19:45 deadline.
The hugest Irish jackpot ever
16 work colleagues who formed a lotto syndicate won the single hugest prize for Irish Lottery. Each got a share of €18.963,441 million (about £13.88 million) jackpot in 2008. In the event of more than a single jackpot winner, the prize is split equally between the winners.
When you win, you are given 90 days from when the draw occurred to claim your prize.
If you do not claim it, the prize is offered to charities as well as other good causes. Every year, many winners do not claim their prizes. This is among the numerous reasons betting online is recommended.
Eligibility for Joining Irish Lottery
You should be 18 years old to bet on Irish Lotto or claim a prize. This is also applicable when taking part from the UK, by betting on outcomes.
Variations between Irish National Lottery and UK National Lottery
From the end of 2014, the Irish state sold off the franchise for Irish National Lottery to PLI, on a lease of 20 years. This new firm consisted of An Post, the postal service in Ireland and earlier lottery operators as well as Ontario Teachers Pension Plan, who are owners of Camelot, UK Lottery operators.
Numerous changes have been carried out recently to harmonize the lotteries. But, it is important to note that they both work separately and numerous notable variations are present in regard to rules, prize divisions and format.
Where Irish Lotto is concerned, it offers jackpot odds that are much better, since this lottery consists of a 6/47 format, in comparison with the UK Lotto format of 6/59 that was established in October 2015.
Reasons for betting on Irish Lotto
In regard to general value, it is difficult to beat the Irish Lotto. For a long time, it has had the reputation of being among the most lucrative and generous lotteries in Europe, therefore making it very famous on the two sides of the Irish Sea.
The newest format alteration has led to increased jackpot potential, without raising the jackpot odds too drastically. So it still provides some of the most ideal winning odds for the jackpot in Europe, but with increased jackpot values for a more competitive price.
Where jackpots are concerned, it is four times more possible for you to become rich on Irish Lotto, in comparison to UK National Lottery. In comparison to EuroMillions, it is 11 times more likely to be won. When you include another prize of seven tiers and Lotto Plus as well as 2 bonus games, you obtain many other chances of winning, with 14:1 winning odds of any prize!
Why playing Irish Lotto is a wonderful Idea!
Since Irish Lotto provides the most ideal jackpot odds available in any global lottery, it is simple to understand why Irish Lotto is recognized all over the globe as the luckiest lottery.
As it just presents 45 digits to select from, the jackpot for Irish Lotto is 42% simpler to win, compared to its UK Lotto counterpart. Jackpots begin at around €2 Million and continue rolling over up to when a winner emerges.
The Irish Lotto presents a record jackpot of €18.9 Million. Apart from the jackpot, 7 prize tiers are available, which means that players have a huge chance of becoming lottery winners of Irish Lotto prizes amounting to almost €225 every year and there is a winner in 1 in each 42 tickets.
Following the draw, Irish Lotto will announce the prizes for every category. If you are playing online, the website concerned shall communicate with you via email and if you are the winner of a major prize, they will immediately get in touch with you. You can view all the results on their website.
After you have ordered online, you will obtain a confirmation via email. Your ticket (s) for Irish Lotto shall be bought by the local office, which will directly send a scanned copy to your email. The originals shall be kept by the auditors of the website in a security deposit box to facilitate your security.