Rad­i­cal over­haul for lotto

Weekend Argus (Saturday Edition) - - FRONT PAGE -

THE Na­tional Lottery in the UK is to in­tro­duce a game where win­ners are given a guar­an­teed in­come.

The draw, which is ex­pected to launch early next year, will pay win­ners a monthly taxfree sum for at least 25 years, of­fer­ing fi­nan­cial sta­bil­ity for life.

Camelot, the firm which runs the lottery, has not con­firmed how this will work, but it is thought there could be a se­ries of win­ners col­lect­ing reg­u­lar pay­ments rang­ing from £1 000 (R19 445) to £10 000.

And from Novem­ber, the main Lotto draw will have the max­i­mum num­ber of roll-overs re­duced to cre­ate more win­ners of life-chang­ing sums while re­duc­ing the num­ber of mega­jack­pots. For ex­am­ple, a player who matches five balls and the bonus ball – one ball away from the jack­pot – will get at least £1 mil­lion un­der a new sys­tem of im­proved min­i­mum pay­outs.

The prize for this at present is an es­ti­mated £50 000.

The moves come as part of a rad­i­cal over­haul of the Na­tional Lottery to en­sure more peo­ple get a share of the prize pots.

And it ap­pears to be a re­sponse to a back­lash from play­ers, who re­belled over changes in 2015 when the num­ber of balls was in­creased from 49 to 59. This re­duced the chance of win­ning the jack­pot from one in 14 mil­lion to one in 59 mil­lion.

Sub­se­quently, sales of the main draw Lotto tick­ets fell away, drop­ping by £10m a week at one stage.

The Euromil­lions will also change. It will still of­fer huge roll-overs, but next year it is sched­uled to add spe­cial draws to in­crease the num­ber of UK mil­lion­aires it cre­ates each year from 10 to about 30. – Daily Mail

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