These "lotto betting" sites, like Lottoland, get out of paying the big amounts in their T&C. If you do win you'll get the same amount as someone who bought the ticket would, minus State and Federal taxes, even though we don't need to pay them. Another way they cut your payment is by the number of winners. If no-one gets all the numbers, and you do, you get the full amount. If there is one winner of the actual draw, then you'll be "sharing" the prize, so get half the jackpot amount. I've also read they don't pay direct, but open an offshore bank account in Gibraltar or Cyprus in your name.
40% tax wth. So I won't be a billionaire then. (poo)
On facing the astronomical odds of winning and winning, I don't fancy the astronomical battle of getting a payout from these guys Nope nope nope. Euromillions at odds of 120 million to 1 is enough thanks
It's 1 in 300 million for this lottery (so actual payout odds now are pretty close to true as long as you don't share it). For comparison, Euromillions is 140 million to 1, UK Lotto is about 45 million to 1.