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Winning the Eurojackpot: Strategies and Risks for New Millionaires

Two winners share the €120 million jackpot, but experts warn of financial pitfalls and personal risks for lottery winners.

  • Two individuals won the Eurojackpot on December 6, 2024, splitting the €120 million prize, the maximum allowed under current rules.
  • Winners are advised to remain discreet about their newfound wealth to avoid unwanted attention and potential risks such as theft or fraud.
  • Financial experts recommend diversifying investments and seeking advice from independent advisors rather than relying solely on banks or acquaintances.
  • Large lottery prizes in Germany are tax-free, but monetary gifts to family and friends may incur taxes if they exceed legal thresholds.
  • The Eurojackpot, a pan-European lottery, has a 1 in 140 million chance of hitting the jackpot, with draws held twice weekly in Helsinki.
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