The rule you should review before playing Euromillions: this is how tickets expire

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The Euromillions draw is a European lottery game that allows the different players of the nine participating countries, namely Spain, France, United Kingdom, Portugal, Ireland, Austria, Belgium, Switzerland and Luxembourg, achieve a millionaire jackpot. Every Tuesday and Friday, depending on whether the jackpot has been won by a winner, the prize money increases.

The amount allocated to First Category winners at the beginning of each draw cycle is set at 17 million euros. Is amount is increasing as the draws pass while there are no winners of that category, being able to reach reach 240 million euroswhich is the current maximum amount after a player from the United Kingdom won a prize of 220 million euros on July 19, 2022. This Friday, October 21, players will be able to win a jackpot of 103 million euros, as well as an extra million from the additional contest ‘El Millón’, which has two winners each week.

As in most of these lottery draws, winners have a set period of time to claim their prize. Once it ends, they will no longer be able to get hold of that money, which, depending on the rules of each country, will go to social purposes, projects of the same lottery or even back to the state coffers. This last case is that of Spain, so all the unclaimed jackpots from the different Lottery draws, they go to the Public Treasury fund. But, what is that maximum term that we must take into account?

Prize expiration date

Like the destination of the money that is not claimed, this maximum period also varies depending on participating country. While in Austria this claim period extends up to 3 years after the draw and in both the United Kingdom and Switzerland players can claim after 180 days, in Belgium, Ireland, Portugal and Spain the term is 3 months. The only ones with shorter periods are France and Luxembourg, which barely allow 60 days to collect the money from the pot.

If you are the lucky one to win one of these millionaire prizes, you should know that the way to collect it may be different depending on the amount of it. When the amounts are less than 2,000 eurosthe prize can be collected, without any problem, through any of the Lottery Administrations distributed throughout Spain.

However, if the amount to be collected is greater than 2,000 euros, the lucky person must go to any of the financial entities arranged with the State: Unicaja, Banco Sabadell, BBVA, CaixaBank, Ibercaja, Cajasur, Kutxabank, Abanca and Cajamar. It is important to remember that none of these banks can charge you any kind of commissions or surcharge, and they cannot even force you to open a checking account to carry out these procedures.

Source: lainformacion.com

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