Did you ever wonder if an American citizen could play a foreign lottery game? Would you like to know what the legislation has to say about lottery players – and winners – who prefer to play lotteries in other countries and continents? Let's take a closer look!
Want To Win An International Lottery?
Assuming you are an American citizen and you dream of getting your hands on some international money by playing lotteries in foreign countries, the first thing you want to know is where to play. Needless to say that buying airplane tickets and booking hotel accommodation outside the U.S. just to travel to a foreign land and buy lottery tickets there is not profitable. Unless you win a huge jackpot, but that's a different story. You cannot predict if or when you are going to win, so relying on a hunch is not going to cut it. Instead, you can use specialized lottery websites that sell tickets for foreign lotteries.
One example is euromillions-lotteries.com, a website that promotes tickets for one of the most popular European lottery games – Euromillions. The website allows you to easily create a new player account online by providing your personal details and setting up a username and password you will use for logging in purposes. Once you have selected your preferred payment method, you can go ahead and pick your favorite numbers on one or several tickets for the game. An authorized lottery agent in one of the European countries participating in the Euromillions draws will personally purchase the tickets from you from local lottery shops and stands and mark them with the numbers you have selected online. Virtual copies of your tickets will be sent to your online account for easy access at any given moment. In case you win, you will receive an email or a phone call from the website's representatives, along with all the details needed to claim your prize.
Playing Foreign Lotteries When Going On Vacation
While playing foreign lotteries can be frowned upon by the government in a desire to protect American citizens from frauds, there are plenty of trustworthy lotto websites that can be used. However, another solution to play foreign lotteries with appealing jackpots as an American citizen refers to playing while on vacation. Should you travel to one of the European countries that are official participants in the Euromillions lottery game, you will be able to buy tickets free of restrictions. But what if you win? Changes re you may be submitted to double taxation, both in the original country you played as well as in the US as an income tax. You will need to report any kind of income on your tax returns, and this also includes lottery winnings. Nevertheless, it all depends on the size of the winnings – as not all amounts will force you to pay taxes.
In case you are an American citizen working or living abroad, you could be eligible for foreign earned income exclusion. This means part of the winning you have earned online will be excluded, and the only money that will be taxed will be the money that you have earned by working or through self-employed work.
How To Increase Tour Chances Of Winning The Lottery?
No matter where you decide to play, one thing is for sure: the more often you play, the more chances you have of eventually winning. Find discounted tickets online so you can ease the burden of playing each week and rely on past results and statistics to mark your tickets.