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Lotto line cost will double to £2

Steve
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Lotto line cost will double to £2

Quote
The cost of playing the Lottery is set to double - but more winners will share in the prize pot, operator Camelot has announced.
The price of a Lotto line will increase from £1 to £2 in the autumn, but the prize for matching three numbers will rise from £10 to £25.
However, the prize pot for matching five numbers will drop by £500 to £1,000 while the reward for matching five numbers and the bonus number will halve to £50,000. The prize for matching four numbers will increase from £60 to £100.
The price rise is the first since Lotto launched in 1994 and follows research which found that consumers "want more ways to win more money" from the game.
An average 800,000 players win prizes for matching three or four numbers each week while about 800 players match five numbers or five plus the bonus.

http://uk.news.yahoo.com/lotto-line-cost-double-2-134611528.html#pff9Jcp
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34 REPLIES
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Re: Lotto line cost will double to £2

Crikey me..... 100% price rise?  is that legal ? 
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Re: Lotto line cost will double to £2

they can raise other taxes at will so why not the stupidity tax Wink

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Steve
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Re: Lotto line cost will double to £2

I used to put the odd quid on here and there but not any more. No loss to me but It's certainly upset people going by  the comments page.
If life gives you lemons, make lemonade.
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Re: Lotto line cost will double to £2

Shocking. So you get less chance to win because you can now only afford 50% of the lines of numbers you might have bought.
I need a new signature... i'm bored of the old one!
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Re: Lotto line cost will double to £2

imagine that, you only buy one ticket instead of two, you now have a 1 in 14.1million chance of winning the jackpot instead of of 2 in 14.1million. Statistically insignificant..

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Community Veteran
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Re: Lotto line cost will double to £2

Er no. Previously you had a 1 in 7 million if you spent £2 on the lotto but now you have a 1 in 14 million chance.
I need a new signature... i'm bored of the old one!
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Re: Lotto line cost will double to £2

Has the lottery running costs really gone up that much or are the owners just chancing their arm in the face of the usual ineffectual regulation.
Would Richard Branson have put up the price if he was running the lottery?
James
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Re: Lotto line cost will double to £2

Quote from: Sprite
Er no. Previously you had a 1 in 7 million if you spent £2 on the lotto but now you have a 1 in 14 million chance.

Fairly certain that's the same as 2:14,100,000 Wink
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Re: Lotto line cost will double to £2

I have a DD for two lines each Saturday and used to play the odd extra line now and again but stopped doing that when they upped the minimum you could add to the account to £10 last summer.
From the Autumn I will probably stop altogether. In over 18  years I doubt if I've won more than £200 yet spent around £2000. Time for a rethink!

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Re: Lotto line cost will double to £2

Quote from: Jameseh
Quote from: Sprite
Er no. Previously you had a 1 in 7 million if you spent £2 on the lotto but now you have a 1 in 14 million chance.

Fairly certain that's the same as 2:14,100,000 Wink

One line of numbers gives you 1 in 14millions odds of winning. 2 rows would be double your chances... oh i dunno lol. Maybe I've got in a muddle (doesn't take much these days  Cheesy)
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Re: Lotto line cost will double to £2

I love this bit:
Quote
Camelot UK managing director Andy Duncan said: "Our players still love Lotto but after 18 years they say they want more from it."

Players? Camelot more like. Roll eyes
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Re: Lotto line cost will double to £2

Yay, but what he did not say, was that the "more" that players wanted, was MORE CHANCES OF WINNING>...  Roll eyes
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Re: Lotto line cost will double to £2

I`m with Mav, and hopefully a few thousand others who will stop chucking a couple of quid a week in the bin.....
Wonder how that will affect their income !
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Re: Lotto line cost will double to £2

I'm afraid it will be much of the same, those with the spare cash will carry on as normal and the poorer will spend more of their hard-earned in the hope they will get a significant win.
I've just looked at my accounting package which I started using in August 2011. Since then SWMBO and myself have spent almost £550 on the lottery between us Shocked
Never realised it was this much. This isn't typical of the years prior to that date but that is an awul lot of money which could have been spent on better things.

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Courage is resistance to fear, mastery of fear, not absence of fear - Mark Twain
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