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Azienda News:
- Winning the lottery, and families, and the taxman
The winnings are tax free but any interest earned on the winnings is taxable If you gift any money to kids or other members of your family then the7 yr rule applies that death duty would be payable by the estate So if you won £4m and gave your two kids £1m each then if you died within 7 yrs there would be 40% of £2m to pay If you set up as a syndicate with your hubby and two kids
- Postcode Lottery odds - MoneySavingExpert Forum
Just been looking at their accounts forecasts and they expect to take in about £390,000,000 a year which equals 3,250,000 players @ £10 a month, people can play with more than 1 ticket and there can be several people playing in each postcode but just taking 5% of the number as being unique postcodes there would still be over 162,000 so with 1,000 £10 and 1,000 £20 prizes the odds are
- Is it ever worth playing the lottery — MoneySavingExpert Forum
I never play the lottery I'm an economist by profession, so see it as a voluntary form of taxation However, the most recent Euromillions looks different: Some rough calculations on the probabilities and the number of people who won the 'match 2 numbers' prize in Friday's EuroMillions, indicates that there were about 42 million tickets sold
- Beware - Peoples Postcode Lottery! - MoneySavingExpert Forum
The complaints about the Postcode Lottery, Health Lottery and Players Lottery are stacking up on the Internet, everywhere I go I see more and more complaints about them People I know in the media who have done a lot of background work on the above lottery system companies have made it clear that they are operating borderline practices and it seems as though some or all may well end up being
- omaze - what is this nonsense — MoneySavingExpert Forum
The lotto, the postcode lottery and various other charity draws all donate higher percentages to charity than this lot (I have seen 15% as the figure quoted for the house draws) They offer the free entry route simply as it's loophole that allows them to run the draws "for profit" Under the Gambling Act 2005, Lotteries can only be run by charities and good causes who have obtained a Lottery
- Buying a business with a lottery terminal - easy to transfer?
Research shows that one in five customers visit stores because they want to buy a National Lottery ticket On top of this, lottery shoppers visit their store more frequently and spend on average 45%* (* Source: HIM! CTP 2008) more than non-lottery shoppers, a figure that rises even more sharply between 5pm and 7 30pm on draw nights
- Best lottery to win £100,000 - MoneySavingExpert Forum
Hello I've just been trying to find which lottery game has the best chances of winning £100,000? Going for hundreds of millions seems pointless: the odds are tiny At least going for a smaller amount could be life changing with a remote chance of winning
- Scam warning - peoples postcode lottery - MoneySavingExpert Forum
People's Postcode Lottery <info@cainz org> Wed 31 10 2018, 09:18 You We are happy to let you know that your postcode has been chosen as the winner of today's Drawing of People's Postcode Lottery Your postcode has been selected at random by computer ballot system
- Set for Life Lottery - MoneySavingExpert Forum
I have looked at gov uk and MSE site but have been unable to find an answer to my question and would appreciate your help if I am fortunate enough to win the lottery game "set for life" which pays the top prize winner £10,000 per month for thirty years, would I be liable to pay income tax on the winnings? A friend has stated that the first
- Lottery win on benefits? — MoneySavingExpert Forum
What would happen if say, you were on IS and you had a win on the lottery that didn't take you over the threshold e g you had £2,000 and won £1,000
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