What is Lottoland
What’s Lottoland? And how do they proceed with the sale of lottery tickets from foreign lotteries?Lottoland is part of EU Lotto Limited, of Suite A, Ocean Village Promenade, Ocean Village, Gibraltar GX11 1AA, is licensed by the Government of Gibraltar and is regulated by the Gibraltar gambling commissioner, according to the Gibraltar gambling act 2005 (Licences: RGL 085 & 066), and is licensed and regulated by the Gambling Commission of Great Britain for customers in Britain (Licence: 000-038991-R-319408-005). EU Lotto Limited has a Bookmaker’s Licence issued by the Irish National Excise Licence Office (reference 1011284) for lotto betting activities in the Republic of Ireland. This website is operated by Lottoland.
How does Lottoland operate?
Lottoland works differently as for example thelotter or icelotto. Lottoland does not physically sell lottery tickets. Lottoland transfers players’ bets to EU Lotto, which acts as a bookmaker. When placing a bet, Lottoland acts on behalf of the player. So you make a bet.
Persons under the age of 18 are not allowed to gamble.
This is an app / site for gambling with real money. Please gamble responsibly and only bet with what you can afford. For help and support with gambling addiction, please contact Gamble Aware on 0808 8020 133 or go to https://www.begambleaware.org/.
Biggest jackpots of all time – Lottoland.com
The Lottoland methods
We booked the net jackpot, the sum that an individual winner received, or would have received, after tax. In the United States, unlike Germany and most other European countries, the winnings from the lottery are taxable. For American lotteries we therefore take the taxes into account. This way we can get a fair comparison of the actual prices. Normally, lottery winnings are taxed in the United States at an average rate of 25-35 per cent. We have used a value of 30%. Note: It is common for U.S. lotteries to pay out the lottery jackpots in a kind of annuity (annuity option) over several years (the winnings of Mega Millions are paid out over a period of 30 years). Record jackpots won at Lottoland will be paid out without tax deduction.