nice one Andy, will count myself in for this one, just imagine 105 million :P Dishing out 50k for a 'share'
I wouldn't mind dipping back in to things for this. I'm in
Double Scoop 6 Winner
"Give a man a match, and he'll be warm for a minute, but set him on fire, and he'll be warm for the rest of his life."
I'm in if it can be done.
Syndicates | Help | The National Lottery
Also note UK lottery can be played only by UK and Isle of Man residents.
Q. Why is a syndicate agreement necessary?
A. National Lottery prizes are not normally chargeable gains for the purposes of UK Capital Gains Tax and will not be assessed for UK Income Tax. If a prize is won and shared by a syndicate who have entered into a written agreement before the win, then syndicate members should not be liable to pay UK inheritance tax.
In the event of a big win, HM Revenue and Customs may require to see the agreement as evidence of the group agreement. In the absence of a suitably drawn up syndicate agreement, any of the prize monies distributed to other syndicate winners may be subject to inheritance tax. It is important to note that HM Revenue and Customs law and practice may change. The comments are based on our understanding of HM Revenue and Customs law and practice as at September 2010. For detailed tax advice, please contact a solicitor or a suitably qualified tax professional.
(B) Jurisdictions other than the UK or Isle of Man
Players and Online Direct Debit Players agree that playing the Games whilst located in any jurisdiction other than the UK or the Isle of Man is strictly prohibited and that no Prize shall be paid to any Player or Online Direct Debit Player in respect of any Games played whilst the Player or Online Direct Debit Player was located in any jurisdiction other than the UK or Isle of Man.
I got this from the official website EuroMillions | Euro Millions | EuroMillions Lottery Draw,
"100 UK Millionaires Draw
The 100 UK Millionaires draw takes place this Friday, 27th July 2012 and will make a record-breaking 100 ticket holders instant millionaires! Also, for the first time players from outside the UK can partake in the Millionaire Raffle and have 100 chances of winning £1,000,000 in the 100 Millionaires draw. Read more here".
I wil have to confirm this via e-mail.
There is a new thread you can enter on here so I am closing this now:
Have a plan and stick to it
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