Why would anyone play the US Lotteries Online?

Question

I found out at www.aalotto.com that the US lotteries prize money is:

cash option, so divide by 2 to get your cash

then taxed, so multiply by 0.72% for final $ value after 28% tax

Then iyou convert to GBP, divide by 2 again for exchange rate

So a jackpot of $100 Million on say the Mega Millions is worth:

100 / 2 = $50

50 X 0.72 =$36

$36 / 2 = 18GBP million

Then what is worse, the Mega Millions odds is 135 million to 1 where the Euro Millions odds are 74 to 1

MINIMUM prize on Euro Million is 11GBP

Which would you rather play?

I know I am playing through www.aalotto.com

Answer 1

You are quite right.  The UK lottery is one of the best in the world, and the odds of winning are very good indeed.

Due to draconian gambling laws in the US, you may even have trouble collecting your winnings if you do win, unless you personally and legally purchased the ticket while in the US.  Buying it through a third party makes no sense and opens up all kinds of cans of worms.

The regular UK lottery has odds that are 10 times better than the US lotteries, and the Euromillions is at least twice as good odds.  So if you live in the UK, then you certainly should play that lottery.