Lot­tery’s new prize: £10k for 30 years

Manchester Evening News - - NEWS -

A NEW lot­tery game has been launched which de­liv­ers the top prize in monthly pay­ments over 30 years, rather than in one hit, of­fer­ing ‘sta­bil­ity’ to the win­ner.

The National Lot­tery’s Set For Life game of­fers £10,000 per month for three decades if a ticket-holder matches all five main num­bers and a Life Ball.

Lot­tery op­er­a­tor Camelot said it was the first “an­nu­ity” style draw-based game they had in­tro­duced in the UK, not­ing these games had proved pop­u­lar over­seas.

“It ap­peals to a dif­fer­ent kind of player,” a spokesman said.

“There are a good num­ber of peo­ple who like the sta­bil­ity of reg­u­lar monthly pay­ments.”

Camelot said the game could be par­tic­u­larly ap­peal­ing to younger peo­ple, who might see it as a way to “up­grade” their life­style and try new things.

“They could re­ally re­late it to their bucket list of ex­pe­ri­ences they have,” the spokesman said.

“They could also re­late it to their salaries. They could see how it could up­grade their cur­rent life­style.”

The top prize pay­ments would not be ad­justed for in­fla­tion over time but would be a fixed sum, Camelot said.

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