This Monday there was an eventful extraordinary draw 11 of 11 of the ELEVEN. In play, a prize of eleven million euros that the coupon with the number 42625 of the series 119 has won. 11 prizes of one million euros each were also distributed today.
Be careful with spending for the sake of spending if you are a millionaire with ONCE
If you are one of the lucky ones, be careful. First of all, let’s not forget that part of it goes to the Treasury. The second thing, and if we have debts, take into account the recommendations of the expert and EAE Business School professor Javier Rivas to avoid making mistakes.
The first advice from this expert if we win the 11/11 ONCE is to calm our anxiety about buying a whim. Who doesn’t have the dream of buying something they can’t afford? This expert asks to be careful with dreams because it must be a whim that does not generate maintenance costs If we don’t want to regret it. For example, “it is not good to buy a high-end car if with our usual income we cannot pay for maintenance, insurance…”.
What we can think about is our debts. “If we’re in a hurry, let’s take some of the debt off by paying down capital. Anything that helps us cut future expenses is appropriate.”
In the case of being in that situation where a personal or mortgage loan eats up a large part of our monthly income, we can invest, but always with the basic idea that winning the lottery does not make us Warren Buffett“. This expert remembers that “as this great investor told us: we should never put our money in businesses we don’t understand. If we have not invested in Bag“It’s better to stay in debt.”
On the other hand, “if we want to save for retirement and we don’t mind a scare, we can look at the stock market as an investment asset: we must have at least 10-15 years until retirement and be able to withstand double-digit losses in years.” “bad guys.”
Finally, he advises not to report that we have been lucky to anyone who is not in our close circle. “That thing about uncorking a bottle of champagne and raising a photo to social networks with the winning ticket is not a good idea. “Not only because of other people’s friends, but because, most likely, we are going to suffer a trickle of requests from friends and family.”
How much money does the Treasury keep from the 11th prize?
What is clear is the one who already sees himself as the winner of the prize. And as in the rest of the draws it is Tax authorities. In this case, whoever gets the eleven million euros should know that the first 40,000 euros will be exempt and the rest will have to pay 20%. In the end he will be left with 8,808,000 euros. If we achieve one of the prizes of one million euros, removing what the Treasury keeps, the prize amounts to 848,000 euros.
Prizes up for grabs on the 11th of the 11th of the ONCE
Next Monday 11/11 will be an extraordinary ONCE draw where the ordinary prizes They will be distributed like this:
- 1 prize of 11,000,000 euros for five figures and series.
- 119 five-figure prizes of 50,000 euros.
- 1,080 prizes of 1,200 euros for the last four figures.
- 10,800 prizes of 120 euros for the last three figures.
- 108,000 prizes of 12 euros for the last two figures.
- 1,080,000 prizes of 6 euros to the last figure. (Refund to the amount indicated with R).
Then the draw has two additional prizes. Its distribution is as follows:
- 11 prizes of 1,000,000 euros for five figures and a series from the second to the twelfth complete extractions.
- 1,309 prizes of 2,000 euros for the five figures from the second to the twelfth complete extractions.
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