the new National Lottery IS it a rip off?

[#1]

have you seen the prize money paid out this saturday for the £2 a go lottery its a joke & thay say the increase is to offer BIGGER prizes well after the 1st £2 draw dont be suprized if people dont buy & the prizes get smaller
3 balls paid £25.00
4 balls paid £90.00
5 balls paid £1.012
5+bb & 6 ball amount isnt to bad but thats what we play it for

[#2]

Its always been a joke. I HAVE NEVER played it, I don't gamble, I don't have money to flush down the loo every week.
My MIL plays it every week, I doubt very much if she has ever broken EVEN playing it 

[#3]

I never bought lottery tickets at £1 each, now it's £2 I'm twice as likely not to buy one.

[#4]

And there's also the  raffle 
Be interesting to see what the top prize will be once everything has settled down. My guess is it'll be less than before.

[#5]

3 balls = £25 eh?
It only used to be a tenner! Therefore for the extra £1, you're gaining an extra fiver on top?!
Granted i don't like the price increase and I rarely play anyway but considering the extra money..
I think the health lottery is probably taking a lot of money away from camelot and thus they're thinking that by doubling the price, they'll make more. It never ceases to amaze me how many companies think that putting up the price will solve their problems when they're in the ****.

[#6]

Don't we already have a Lottery thread
http://community.plus.net/forum/index.php/topic,117170.0.html

[#7]

I won £25 on Saturday
Promptly spent it

[#8]

Quote from: James

Promptly spent it

Not on Lottery tickets I hope. 

[#9]

No..probably on The Old Vicarage bill

[#10]

think he'd need a few more wins for that

[#11]

[#12]

Ahhhh....It was Anna's treat

[#13]

Quote from: artmo

Don't we already have a Lottery thread http://community.plus.net/forum/index.php/topic,117170.0.html

  this  is a better  version,,,,

[#14]

Quote from: Sprite

3 balls = £25 eh? It only used to be a tenner! Therefore for the extra £1, you're gaining an extra fiver on top?!

Certainly no better and also inaccurate

[#15]

I believe the 100% rise is a cunning exploit of the Elasticity of Demand. Some bean counter possibly found the optimal price of a lotto ticket should be £2 - Given lotto fever is a minor symptom of the Gambler's Disease, lottery players will always pay more if they think they might win bigger. Ergo, National Lottery ticket demand is fairly inelastic. Even if 40% of Lotto players quit, ticket revenues will increase by 20%. Hence bigger prizes and bigger handouts for those who run those good causes.  
A rip off? I am minded of this quote, "If there were no stupid people there would be no Las Vegas."
^{Only tax the stupid[/sup}