What is an £80m guaranteed EuroMillions jackpot?
Throughout the year, we have special events where, on a certain date, the EuroMillions jackpot is guaranteed to be €100m – which we estimate to be £80m here in the UK based on exchange rates. To help explain this process further, we’ve answered some questions that players have asked on our social channels.
Q: What is a guaranteed jackpot?
A guaranteed jackpot is a Super Draw Event where we ‘guarantee’ that the Jackpot will be a significant amount, as advertised. These draws are agreed in advance by all nine EuroMillions countries.
Q: How does it work?
Whatever the current jackpot has rolled to by the date of the agreed draw, we’ll boost it up to €100m – £80m. For example, if the Tuesday jackpot rolled and, going into a Super Draw Event draw on the Friday, the natural jackpot was estimated at £22m, we would top that up to £80m for the Friday draw.
In the past, there have been times when the jackpot has been topped up from a base draw (first game after a jackpot has been won) of £12m, and times when it has been topped up from a much higher jackpot following a roll.
Q: Why do you have these draws?
The main reason players buy EuroMillions tickets is to win huge jackpots – people get more excited the higher the jackpot amount. As EuroMillions regularly rolls, it is difficult to predict when there will be a giant jackpot. Planning a Super Draw Event enables us to plan advertising and promotion around a guaranteed £80m jackpot. This keeps the game fresh and exciting for players, helping to drive sales, the number of winners and, ultimately, the amount of money for National Lottery-funded Projects.
Q: How do you know when you will have these draws?
The Super Draw Events are planned in advance with the agreement of all nine EuroMillions countries. They are scheduled on days which work for all the countries in relation to other lottery event draws as well as local events, such as public holidays.
Q: Where does the money come from?
For each EuroMillions draw, a percentage of the shared prize fund is added to a fund known as the ‘EuroMillions Reserve Fund’. This Reserve Fund is shared by us and the other EuroMillions countries and is used to boost the jackpot up to £12m on base week draws (the first game after a jackpot has been won). It can also be used to increase the jackpot for Super Draw Events.
Q: Has the jackpot naturally reached £80m before a Super Draw Event?
Not to date, but as we have no control over the natural roll of the jackpot, there could be a time when the jackpot naturally reaches £80m before the Super Draw Event.
Q: How would you know if the natural jackpot would reach, or be over £80m, before the Super Draw Event?
After each EuroMillions draw, the EuroMillions countries use forecasting models to estimate what the next jackpot will be. The estimates are based on sales to date and understanding of sales around certain jackpot amounts.
If there was a Super Draw Event on a Friday and Tuesday’s natural jackpot had reached an est. £71m, it is possible that Friday’s natural jackpot would be £80m or over. If this was the case, then the jackpot would not be topped up.
Q: If you don’t need to top up the jackpot, what happens to the money?
If the natural jackpot is estimated to be £80m or higher, then the money that would have been used remains in the EuroMillions Reserve Fund and will be used to fund future Super Draw Events or promotions.
Q: Why don’t you add £80m to the existing jackpot?
A guaranteed £80m jackpot is just that – it’s not adding £80m on top, it’s just topping up the natural jackpot to £80m.