NoodlesJoe
Inactive User
- Joined
- Jun 13, 2009
- Messages
- 2,583
- Reaction score
- 704
Lottery winner losing out on £9,000 interest a day.
the winner is a member on here?
the winner is a member on here?
The winner of the record-breaking EuroMillions Lottery jackpot is losing out on £9,000 of interest every day by not coming forward to claim the prize.
No one had confirmed they were the rightful owner of the £113 million prize by the time Camelot (CAML.PK - news) , the administrator, had shut its office for the day.
The British winner, as a result, will have lost out on potentially more than £9,000 in interest. By the end of the week the lost interest bill will have climbed to £45,000 enough money in itself to push the winner into the category of higher-rate taxpayer.
Even though savings rates have tumbled over the last couple of years, it is still possible to find an account paying 2.8 per cent if you have a minimum of £1,000 to invest.
The winner will become an instant multi-millionaire with a fortune to match rock stars after matching all seven numbers in Friday night's draw but they spent the weekend unaware how their life had changed.
The winner who could be an individual or a syndicate scooped the top prize in the draw, making it the country's largest ever lottery win.
By matching the winning numbers 9, 30, 35, 39, 46, with lucky stars 6 and 8, the winner joins the ranks of the rich and famous, who can afford to live on the interest of his winnings without ever needing to dip into the capital itself.
The ticketholder will immediately become the 589th wealthiest person in Britain, according to the Sunday Times Rich List 2010.
Until the person comes forward to claim the prize, the money will earn interest in Camelot's bank account, with the income going to good causes.
With a tax-free prize of £113 million, the winner's wealth will eclipse the likes of pop stars Barry and Robin Gibb of the Bee Gees, who are said to be worth £110 million, Phil Collins, who has a fortune of £108 million, Rod Stewart (£105 million) and David Bowie, who has an estimated £100 million to his name.
Until Friday's draw, the largest lottery winner in the UK was an anonymous player who scooped £84.4 million on the EuroMillions draw in May.
The latest winner defied odds of 76,275,360 to one to guess all seven numbers correctly, or placed their faith in a lucky dip.
Nigel Page and Justine Laycock, from Barnsley, Gloucestershire, previously broke the record in February after winning £56 million on EuroMillions.
After the win, Mr Page, 43, and 41-year-old Miss Laycock, moved in to a £4 million environmentally friendly mansion leaving their old £400,000 home to their cleaner Denise Kelso.
The couple sent their congratulations to the new winner.
"It is an amazing amount of money and we wish them all the very best with their prize," they said. "We would advise them to take their time and the advice on offer and stay grounded."
