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Thesun

Hunt For Jackpot Punter

THE Irish winner of the massive E66 million EuroMillions jackpot contacted Lotto bosses last night. - Michael Doyle

National Lottery spokeswoman Paula 'said lucky ticket holder had been in touch and was offered preliminary advice" on their impending fortune.

But Premier Lotteries Ireland chiefs have refused to reveal details about where the country's fourth biggest winning ticket was bought. She told the Irish Sun: "They have been in touch and they have been given some preliminary advice — we will not be revealing any more details at this time.

"The advice is normal common sense stuff and is available on our website."

Meanwhile, interest rates for Irish savers are currently so low that the winner of the massive jackpot prize is missing out on just €800 a day in interest.

The total interest return on the huge win is €292,050 a year.

Simon Moynihan, from Bonkers.ie, said whenever he or she claims the prize they should immediately seek financial advice. He told the Irish Sun: "So what do you do with £65million? Do you just stick it in the bank?

"It might actually not be as easy as you think because many of our banks will only pay interest on a very small chunk of that.

"Suppose you want to be able to get at that cash whenever you want. RaboDirect has the best instant access account for ordinary punters with an interest rate of 1.25 per cent.

*But that's only up to - €50,000. And they won't take any more than €5million off you. So not much good for our winner.

Then there's Nationwide UK Ireland. They'll offer you l'Ol per cent, but they'll only take €2million. And KBC will only give you interest on €1.5million for many of their accounts." However, there is an alternative to sticking it in the mattress. Mr Moynihan added: "Permanent TSB has no maximum balance. And they have an Interest First Deposit Account.

“It offers a rate of 0.75 per cent which isn't the best in the market, but they should pay out on all of that egomillion. And it'll be paid out in a couple of weeks.

‘’So what will you get? Just €495,000 in interest. And you'll have to pay DIRT at 41 per cent. So all you'll be left with is €292,050 – or €800 a day. It's not much of a return on such a huge jackpot.

"My advice? o to a financial adviser."

Speculation on the identity of the winner has centred on a group of fish factory workers in Kilmore Quay, Co Wexford.

 

 

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