A new EuroMillions rule has been introduced (effective from Friday 6 March, 2009) that will limit future jackpots. The limit varies by €5 million each time the cap is reached and started as €185 million which was reached for the first time on 8th July 2011. This is substantially more than the highest EuroMillions jackpot on record, so players won’t be missing out on anything. In fact, the new EuroMillions rule will actually benefit some players.
To understand why this is the case we need to point out that, if the EuroMillions jackpot fund reaches the jackpot pool cap of €185,000,000 (which it has since this piece was originally written), any money that would previously have been added to the jackpot over and above that amount will now be added to the second tier prize fund. That being the case, if a player matches five main numbers and one Lucky Star, they would win more than they would have done prior to the new EuroMillions rule. However should there not be a winner in that level then the additional prize fund will continue to roll down to a level that does have winners.
Should the Euromillions jackpot to continue to roll again as it did to reach the cap in July 2011 then the next cap level will be €190 million. A further multiple rollover draws would see the third cap be €195 million and this would continue each time the cap rule came into play unless the organisers introduce further rule changes.
For those readers who are disappointed that the new EuroMillions rule makes jackpots greater than €185,000,000 a virtual impossibility (though there could always be further rules introduced that allow exceptions) we would point out that €185 million is a heck of a lot of money. In fact, the interest alone would enable you to fulfil the dreams of most lottery winners and leave every penny of the jackpot itself intact – €185,000,000 earning 5% interest annually would give you €9,250,000 a year to have fun with without touching the principal!
Although the new EuroMillions rule has not been extensively discussed in the media, we think it is something that all National Lottery players should be aware of, hence our decision to publish this article in the first place. Whilst we are extremely unlikely to be directly affected by the new EuroMillions rule on anything approaching a regular basis, knowing that it exists means that you won’t be surprised when the EuroMillions jackpot suddenly stops growing when it hits the €185,000,000 level.
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