The Irish National Lottery have announced details of EuroDreams’, a new draw-based game that will offer an annuity top prize of €20,000 every month for 30 years. 

Tickets for the new game will cost €2.50 per line and will go on sale on Monday (October 30) ahead of the first draw on Monday 6 November.

The EuroDreams game, which is the first annuity type game of its’ kind in Ireland, is a joint venture with Ireland’s National Lottery and seven other European countries; Austria, Belgium, France, Luxembourg, Portugal, Spain and Switzerland.

The minimum play for EuroDreams is one line per draw, which costs €2.50, and tickets for the EuroDreams game can be purchased before the 7.30pm cut-off each Monday and Thursday. 

The EuroDreams game comes almost 20 years after the EuroMillions was first launched in Ireland in 2004. Unlike other lottery draw-based games, the annuity top prize which is worth €7.2 million will be paid in monthly tax-free payments of €20,000 spread over 30 years.

Speaking at a launch event of the new EuroDreams game in Paris, France, National Lottery Chief Executive, Andrew Algeo said: “We’re very excited to be launching the EuroDreams game which offers a unique, life-changing annuity prize, the likes of which has never been seen in Ireland before.

“This kind of annuity game has proven incredibly popular in other countries such as the UK and the US and we think it will prove incredibly popular with our players, some of which like the idea of winning such a prize which is paid in regular instalments over the long term.