Lucky Irish punter scoops quarter of a million in tonight's special ‘Ireland Only Raffle' draw in new lotto series
A LUCKY Irish lotto player has scooped over €250,000 after winning big in tonight's draw.
May 6's 'Ireland Only' raffle was hosted by
Chiefs announced tonight that one Irish player was pulled from the draw with the golden ticket.
The winning code was I-SBG-62584.
And there were nine other winning tickets, with the codes I-SBF-12102, I-SBF-33610, I-SBF-64776, and I-SBF-66446 pulled.
Also in the winning tickets were the figures I-SBF-69365, I-SBG-88563, and I-SBH-20179.
READ MORE IN MONEY
And I-SBJ-80066 as well as I-SBK-66358 were also winners.
The 'Ireland Only Raffle' is a special draw reserved only for Irish players.
The new raffle is part of a special series which guarantees players a huge prize for all nine draws.
They take place every Tuesday and Friday.
Most read in The Irish Sun
One lucky player has already won the €255,000 jackpot but Lotto bosses have not confirmed if they made contact to claim their winnings yet.
The overall
There were no winners, Irish or otherwise, of the whopping sum tonight.
That means that the money will spill over into the next draw, which will likely be worth even more.
There were also no winners of the Lotto plus draw, which is worth a tidy €500,000.
Last week, one of the first players to
They took home the big prize in Friday night's draw.
And lotto bosses revealed where the winning raffle ticket was sold.
The golden Quick Pick ticket was purchased on April 29 from Supervalu in Killester on the Howth Road in
The winning raffle number is I-RZR-24209.
Darragh O'Dwyer,
"With eight more €250,000 EuroMillions Ireland Only Raffle top up wins guaranteed, it's shaping up to be an unforgettable month for our EuroMillions players."
1
The new Ireland Only Raffle series has launched
Credit: Getty
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
RTÉ News
41 minutes ago
- RTÉ News
What do falling interest rates mean for borrowers and savers?
As widely expected, this week, the European Central Bank (ECB) cut interest rates by a quarter of a percentage point, bringing the main deposit rate down to 2%. It was the eighth consecutive cut, and the main interest rate is now at its lowest since the end of 2022. Between September 2023 and this month, rates have fallen by two percentage points overall - down from 4%. While we're still a long way off from the zero-percent ECB rates that persisted in the wake of the financial crisis, the fresh reductions bring more welcome news for borrowers. The 180,000 tracker mortgage customers in Ireland will see an immediate benefit, with their loans tracking the main ECB lending rate. Borrowers on variable rates will also see repayments fall but not necessarily right away. It will depend on the terms of their loan. Some lenders adjust variable rates monthly, others do it quarterly, while it can also be done on an annual basis. The ECB's 25 June basis-point cut means that for every €100,000 borrowed, monthly mortgage repayments will fall by around €13. This means payments falling by €65 monthly - or €780 annually - on a loan of €500,000. However, fixed-rate customers - which the majority of borrowers tend to opt for - won't see their repayments dropping. Though they will be in a stronger position to get a lower rate once their fixed-term has ended. Irish mortgage rates sixth highest in euro zone Even with the these latest cuts, Irish mortgage holders are still paying nearly half a percentage point more in interest than their euro zone counterparts, with rates here - averaging 3.67% - the sixth highest of the 20 countries using the euro. Fixed rates here can be as low as 3%, but after the ECB announcement on Thursday Sinn Féin Finance spokesperson Pearse Doherty pointed out that some borrowers, whose loans were sold to so-called vulture funds by the pillar banks that needed to offload bad loans, are paying much higher rates. According to Mr Doherty, last year there were over 100,000 households paying over 6% in interest to such funds, with 7,000 paying over 8.5%. He said "that can mean handing over thousands of euro more a year to these vulture funds than they would even with the high rates at traditional banks". The Sinn Féin TD is also calling on lenders to pass on the benefit of the ECB cuts promptly, adding that "the refusal by banks to pass on the benefit of interest rate cuts ... is completely unacceptable and the Government should immediately call in the banks. "Banks in the main have not cut mortgage interest rates in line with the four-interest rate cuts this year," he said. But lenders will argue that they did not pass on all of the increases when rates were going up in previous years. Good for borrowers, bad for savers Anyone investing money and hoping for a decent return won't like falling interest rates. Irish savers have around €160 billion on deposit and in recent months all of the main lenders - as well as the fintech banks - have reduced rates for savers and it's getting trickier to get make money on savings. Around 3% is the best rate available right now, though it you're looking to save more than a couple of thousands euro every month the rate will be closer to 2%. But these deposit rates are falling in line with the ECB cuts, and by the end of the year the best rates on the market for savers are expected to be nearer 1.5%. The advice to those looking to invest is to do so sooner rather than later to try and lock in a higher rate. What's likely to happen next? Interest rates are the ECB's main tool for managing inflation across the euro zone, with a target level of 2%. When inflation goes higher, rates are increased to discourage borrowing and encourage saving to bring it down. It's the opposite when inflation is lower - rates are lowered to help boost economic activity. Latest figures show euro zone inflation has fallen just below 2% (1.9% in May down from 2.2% in April) and with fears of global trade uncertainty, weaker economic activity, and a strengthening euro, interest rates are expected to be reduced further in the coming months. The general consensus is that we'll see the ECB lower its main deposit rate by another quarter of a percentage point - to 1.75% - and then settle at that point. This means mortgage holders should get a further boost, while savers will need to look that bit harder to maximise any returns. However, as with most things economy-related, trends are cyclical and we could easily end up in a new economic reality in the near future that necessitates the next cycle of either interest-rate cuts or rises.
Business Post
4 hours ago
- Business Post
Meet the Irish startup that tokenised a house — and now wants to transform global investing
Ctrl Alt, an Irish co-founded fintech business, is seeking to become the go-to option for institutional investors seeking to invest in alternative assets. Founded by Jordan McMullen and Matt Ong in 2022, the company has offices in Dundalk, Belfast, Dubai and London, with its headquarters in the latter. To date, the business has raised €4 million in funding. The company has developed a platform for investments in the likes of real estate or private credit. 'Essentially we make it easier and cheaper for people to invest in alternative assets,' Jack Denton, chief of staff at Ctrl Alt, told the Business Post. We cover anything that needs investment but that ordinary people normally can't invest in.' 'This could be anything from art to a wind farm. Whatever it may be, we help people invest in those projects.' The business uses a tokenisation platform designed to allow investors to make small partial investments in assets. 'In the same way that a share represents ownership of something, a token is like that but can be transferred and shared on the blockchain. In the UAE, for example, the title deed on a house can be sent as a token on the blockchain,' Denton said. 'On the blockchain we can always track the token down and work out where it is. That makes it more secure.' McMullen and Ong developed the idea from their time working together in Morgan Stanley, where investments in the luxury market boomed during the pandemic. 'There was a big market for luxury watches during Covid. The value of Rolexes was rising but, to get involved in that market, people had to buy a Rolex. What they wanted to do was offer the opportunity to everyone,' Denton said. 'Tokenisation allowed them to split out an asset into tokens, creating a different way to invest in it. We were the first in the UK to tokenise a house, where people could buy a piece of the property for as little as £10 (€12).' The business has grown quickly and already had to move offices multiple times in its locations due to the addition of staff. Enterprise Ireland has provided assistance to the company as it manages its growth. 'We've taken big leaps and strides in the past 12 months and grown rapidly. Enterprise Ireland has helped out in a number of ways. They have put us in touch with people, invested in us and let us use their offices,' Denton said. The company has no plans to raise any more funding at present, with its goal in the near-term to expand its partnerships with institution-level investors. 'We don't want to become a household name, we want to be an industry-known name. If you're a government or family office and want to talk tokenisation, you come to us. We want to be that name in tokenisation,' Denton said. 'We are regulated in the UK and the UAE, and are in the application processes in Ireland. We'd like to look more at Europe, the US and Singapore as well.'
Irish Independent
5 hours ago
- Irish Independent
‘How can Buy Now, Pay Later make money off me with 0pc interest?'
Sinéad, Co Cavan A Even though many Buy Now, Pay Later (BNPL) providers offer 0pc interest, it's important to remember that when you use them, you are taking out a form of credit. BNPL credit agreements allow you to buy goods on credit and pay for them later. Traditionally, BNPL credit was mainly used to buy goods such as kitchen appliances, furniture, and televisions, and was often referred to as 'in-store credit'. Now many businesses have started to offer this option to pay for cheaper products, such as fashion, footwear and even meal deliveries. For lower cost goods – typically with a value of less than €500 -- you can be offered regular interest-free instalments, such as fortnightly or monthly, over a period of between three and six months. Another option is to make one interest-free repayment, typically within 14 or 30 days of the date of purchase. The payment options vary, depending on the BNPL provider. So how do BNPL providers make money if they don't charge interest? Some of them charge a commission to the seller of the product or service, and this commission is paid by the business. But, like any other business expense, it can affect the price of the product. Even if you aren't paying the BNPL company a surcharge, or incurring any interest, the price of the product can reflect the cost of the business using a BNPL provider. The 0pc rate only applies within the terms of your BNPL agreement; if you fail to make a repayment on time, you'll usually be charged a late payment fee, often at an inflated rate compared to a traditional personal loan. Also, if you have more than one BNPL agreement out at the same time, it can be hard for you to keep track of them, which makes it easier to fall into arrears than with a traditional loan. Missed payments may impact your credit rating, which can affect your ability to get loans or credit in the future. Remember, BNPL companies are regulated by the Central Bank just like other credit providers. When you're shopping online shopping, it can sometimes feels like you're not spending real money at all. This is heightened when you're only paying a small percentage of the price at the time of making a purchase. It's very tempting to give in to those shopping impulses. But would you still want to be paying for those concert tickets in nine months' time? Stop and think before you buy anything on credit. If it's something important or useful, saving up the money gradually will give you more flexibility — and potentially save you money in the long run. If you do choose to use credit, make sure you can meet all the repayments and that you fully understand the terms and conditions. 'I feel like I've been scammed after a courier demanded €100 in customs duties from a UK company with an Irish website' Q I ordered an expensive laser therapy device from an online retailer, but the courier company contacted me to say they won't deliver it until I pay a €100 customs fee. I was upset because I'd purchased the device from a '.ie' website and presumed all charges would be included in the price. Why must I pay any extra tax or charge if the retailer is advertising to an Irish audience and failing to warn that additional charges will apply because it's a UK company? I feel like I've been scammed. Róisín, Cork City A Goods bought online from the UK (excluding Northern Ireland) are subject to UK VAT and other charges, which is why you're being charged additional costs. ADVERTISEMENT When you're shopping online, it's important to check where the business is based before making a purchase. Even if the site has a '.ie' '.eu' domain, this is not a guarantee that the business has an Irish or EU base. You can usually find a business's registered address in the terms and conditions section of its website. The business should still have informed you of these charges. But as they are based outside of Ireland and the EU, it may be difficult for you to enforce your rights. However, you can refuse to pay. Your first step should be to contact the business directly to tell them that you were not informed of the additional charges and that you wish to cancel your order and request a refund. If you return the goods and the business fails to provide you with a refund, you can ask your payment provider about a chargeback option on your credit or debit card. A chargeback enables you to dispute card payments and can be used to claim refunds when you're unhappy with a service or product. There are time limits for making claims, though. These differ from bank to bank, but are generally set at between 60 and 180 days from the transaction date (or delivery date for goods).
