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.