Lottery is a bit crap
Discussion
Just a random one.
Last night was a rollover.
3 people won. I was not one of them. But the total jackpot was a shade over £3.5M Hence the winners getting £1.2 each. I remember the first rollovers being huge. (Google says first rollover was £17M) But even the more regular ones in the last couple years were in the £8-10M region. Don't get me wrong. £1M is a nice amount. Pay off your mortgage put the rest away for rainy days/additional income. Wouldn't turn it down of course. How long till a Lotto jackpot is less than £1M?
Personally I can see a time when the normal Lotto is binned for good. Let alone the other games they run. (Thunderball and HotPicks) and only Euromillions and scratchcards are left.
With the Euros offering comically large wins for the same price ticket. Can Camelot ever reverse this slide?
(No I don't work for them. This is not market research )
Last night was a rollover.
3 people won. I was not one of them. But the total jackpot was a shade over £3.5M Hence the winners getting £1.2 each. I remember the first rollovers being huge. (Google says first rollover was £17M) But even the more regular ones in the last couple years were in the £8-10M region. Don't get me wrong. £1M is a nice amount. Pay off your mortgage put the rest away for rainy days/additional income. Wouldn't turn it down of course. How long till a Lotto jackpot is less than £1M?
Personally I can see a time when the normal Lotto is binned for good. Let alone the other games they run. (Thunderball and HotPicks) and only Euromillions and scratchcards are left.
With the Euros offering comically large wins for the same price ticket. Can Camelot ever reverse this slide?
(No I don't work for them. This is not market research )
Jimmy No Hands said:
They might cost the same price, but the odds on winning the National Lottery is about 1 in 14 million versus the 1 in 116 million for the Euros.
Apparently.
Edit: I live up north, I could retire off of £1m
You're right on the odds. But people will always gravitate towards the larger amount. Do they need to reduce the charity chunk of the ticket to get the jackpots much higher? Or is the money simply not there?Apparently.
Edit: I live up north, I could retire off of £1m
IMO they made a mistake making the lowest prize £25. The reason the rollover jackpot was so low last night was so many 3-ball winners.
Speaking for myself, I don't play the lottery to win £25 and it was a step backwards putting at that value. It decreases the jackpot, the attraction of a lottery, surely? If I wanted to win £25 I'd get much better odds at the bookies.
Speaking for myself, I don't play the lottery to win £25 and it was a step backwards putting at that value. It decreases the jackpot, the attraction of a lottery, surely? If I wanted to win £25 I'd get much better odds at the bookies.
meteorgt2 said:
I too remember when the original Jackpots and roll overs were huge.
Is it that less people are playing or is camelot taking more off the top making the jackpots less?
Prizes are a fixed percentage of whatever is left after the 3 number winners have been paid. Upping that to £25 has killed the bigger prizes.Is it that less people are playing or is camelot taking more off the top making the jackpots less?
Pork said:
Prizes are a fixed percentage of whatever is left after the 3 number winners have been paid. Upping that to £25 has killed the bigger prizes.
Do you know if the percentages have remained the same since the lotterys launch?And I mean the percentage that goes into the price pool vrs camelots pocket and good causes?
Thanks
meteorgt2 said:
I too remember when the original Jackpots and roll overs were huge.
Is it that less people are playing or is camelot taking more off the top making the jackpots less?
I vote for less people playing mainly because I haven't bothered since the entry price doubled. I have heard of others doing the same which of course makes it my opinion fact.Is it that less people are playing or is camelot taking more off the top making the jackpots less?
Pork said:
IMO they made a mistake making the lowest prize £25. The reason the rollover jackpot was so low last night was so many 3-ball winners.
Speaking for myself, I don't play the lottery to win £25 and it was a step backwards putting at that value. It decreases the jackpot, the attraction of a lottery, surely? If I wanted to win £25 I'd get much better odds at the bookies.
Yep - this.Speaking for myself, I don't play the lottery to win £25 and it was a step backwards putting at that value. It decreases the jackpot, the attraction of a lottery, surely? If I wanted to win £25 I'd get much better odds at the bookies.
I play because its relatively little money for an outside chance of winning a massive amount. I dont really care about the odd £10 (or £25 as it is now).
The problem is, if they scrapped the 3 ball prize, I bet many more people would stop playing. The three ball prize is in some cases the only win people will ever get on the lottery. I think in 20 years of playing I have only had a 4 ball win 2 or 3 times. It's the three ball prize that keeps people hooked IMO.
Interesting draw this weekend. Estimated rollover was advertised as 5.5 million. However, with all the numbers being so low, all 17 or below, the normal prize allotment was seriously squewed.
Normally around 250,000 people win the lowest prize, so the portion of the lowest prize fund is usually about £6million. However, nearly 450,000 won the low prize this weekend, so the only fixed portion of the prize jumped to a massive £11million. Hence the other prizes (which are a proportion of whats left from the pot) suffered as a result.
Match 4 was also won by about 3x the usual number, (30000, instead of around 10000)
Match 5 was won by 700 people, usually around 200 win it.
Its quite frankly surprising that only 5 people won the bonus ball and only 3 won the jackpot. Given that 700 got 5 numbers then I would have expected 30+ bonus ball winners and at least 15 jackpot winners. If that had happened the prize fund would have been devestatingly low.
Normally around 250,000 people win the lowest prize, so the portion of the lowest prize fund is usually about £6million. However, nearly 450,000 won the low prize this weekend, so the only fixed portion of the prize jumped to a massive £11million. Hence the other prizes (which are a proportion of whats left from the pot) suffered as a result.
Match 4 was also won by about 3x the usual number, (30000, instead of around 10000)
Match 5 was won by 700 people, usually around 200 win it.
Its quite frankly surprising that only 5 people won the bonus ball and only 3 won the jackpot. Given that 700 got 5 numbers then I would have expected 30+ bonus ball winners and at least 15 jackpot winners. If that had happened the prize fund would have been devestatingly low.
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