How does jackpot prizing, tax and payouts for PowerBall, MegaMillions & SuperEnalotto work?

Lottoland replicate the pay-out structure of the Official Lottery Draws in America and for this reason the total prize is reduced by 38% to make allowances for the tax Official winners in Tiers 1 to 3 would have to pay. For Tier 1, subject to Lottoland’s discretion, players can choose if they would like to be paid out either by lump sum or via in 30 year instalments in an annuity package. The lump sum method will be paid out at 60% of the total value of the annuity amount. The annuity method will be paid as one annual payment being made for the 30 year term. The level of payments is calculated such that the payments rise 4% from year to year until the full sum has been paid out.
Additionally, betting with us, you win the amount that you would have won if the official prize fund was shared between you and any official lottery winners

For Italy’s SuperEnalotto, you do not have to pay tax on your winnings, but Lottoland does replicate the payout structure of the Official underlying Lottery Draws and for this reason, from October 2017, the total prize is reduced by 12% in Tiers 1 to 3 to be in line with local Italian gambling winnings. All other prize tiers remain the same.

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