What Really Happens If You Win The Lottery By Semmy Stumpp from www.lotteryscamreport.com
Did you know how companies raise the money for paying lottery winners?
There are several things that you might know or not know. Most national or international lotteries will raise money from the players and redistribute the biggest chunk for special purposes like in Spain is an organisation called ONCE and their purpose for the lottery is to raise money for the blind people here in Spain. Blind people are selling lottery tickets on the streets all over Spain and they will get paid by the money raised and organisations for the blinds will receive the main money after the money for the administration etc. is being paid.
Private lottery organisations like the one from Germany www.millionenklick.de from the company web.de raise their money differently. They have sponsors, because in most cases, companies use lottery and sweepstakes just as advertising and to get more attention in the media. Those companies are highly regulated with rules for using those games and have to follow strict procedures.
Now, you will be surprised that the sponsors often do NOT pay the money in full, but that the company get a special contract with insurance companies. So instead of paying the full money of several millions the sponsors money are used for a insurance that the lottery will not be paid.
Yes, you read that right: there are insurance companies out there that set up contracts that a lottery winner will NOT occur, and in case it will occur, that insurance company will then PAY the amount of money from which then the winner itself will be paid. Interesting, isn’t it?
Now this is particularly interesting, because all companies involved want to make sure that money that is paid, is paid to sources that have legally participated to receive the money.
That is the most important reason why you will never be contacted by a company that you do not know about and that will ask you to pay money for them to process payments for a winning you that belongs legally to you.
For more details you can download the full report at www.lotteryscamreport.com
About The Author
Semmy Stumpp is an authentic online lottery millionaire and online entrepreneur. You can reach him at www.winlottofree.com and find his name just using Google or any other search engine. www.semmy.com – www.moneywonder.com