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Switzerland: Village Hits Jackpot Thanks to Inheritance Taxes of Couple Who Won EuroMillions

The word manna could not be better defined. As reported by the Swiss newspaper Aargauer Zeitungthe municipality of Leuggern, which is home to 2,000 inhabitants, received 2.7 million Swiss francs in 2023. This unexpected financial donation is the consequence of the death of a couple from this town, who had won the EuroMillions jackpot a few years earlier.

In 2018, a couple living in this village in the canton of Aargau won 183.9 million Swiss francs (194.1 million euros) in a Euromillions draw. But in 2021, the woman sadly died of cancer, six months before her husband.

More than 5 million affected by the canton

The death will have consequences for the economy of the town and its surroundings. According to the Aargauer Zeitung, the estate was bequeathed to several brothers and sisters of the deceased. However, according to the local newspaper, in the canton of Aargau, brothers and sisters must pay inheritance tax, while spouses inherit tax-free.

In 2023, the municipality of Leuggern received 2.7 million Swiss francs, which significantly reduced the tax rate for residents. On a larger scale, the canton of Aargau received 5.4 million Swiss francs.

These tax revenues represent, according to the statements made by the head of inheritance and gift tax at the cantonal tax administration, Rafael Odermatt, to the media Nau.ch“a record year” for Aargau.

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