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Lottery - No Hope

2

Comments

  • I read a good idea, on here somewhere i think. Pay your monies into a savings account every week. Then when your numbers come up, you can pay yourself your own 'jackpot.'
    LBM 10/08 £12510.74/
  • Kavanne
    Kavanne Posts: 5,093 Forumite
    My colleagues call it the 'stupid tax'... I pay it. :(
    Kavanne
    Nuns! Nuns! Reverse!

    'I do my job, do you do yours?'

  • I bought 2 lucky dips yesterday - and I won £10...so that's £8 profit this week....but even though I don't play every week (and I only do sats, not weds - and never thunderball/euro etc)...I'll never made back everything I've spent on it.
    Time to stop - and like someone said - stick it in an ISA or something. I could save quite a bit of money next year...
    Debt @ LBM - Nov 2008: 10,042 Jan 2009: 9,774
    Dec NSD: 22/20
    Pay off £10k by Dec 2009 (#102): 226/10,000
    Sealed Pot Challenge (#341): £300 (but as much as possible!)
  • Just to say you have to buy £100 worth of Premium Bonds to start with and then after that I think it's in multiples of £25.

    But once you've bought them they are there every month for you 'flutter'.

    My husband and I have had about ten small (£50-£100) wins on a £3k holding in about five years.
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
  • jenjade
    jenjade Posts: 8,418 Forumite
    Part of the Furniture Combo Breaker
    If you are a big comper why don't you use that £5 to buy stamps and enter loads of postal comps?? Just an idea

    Slap given but we all dream!
    :j Proud mum to Jade age 10 years and Baby Ellie born Christmas Day:eek: with a broke heart :( Proven to be a little fighter and battling on with her heart condition :j
  • I did the lottery for the first 18 months - 1 line, same numbers and never won a penny. I stopped but it took me AGES to wean myself off checking the numbers still - in a weird way of torturing myself that they might have won!

    I would put it in an ISA. I had quite a large amount of premium bonds and in the 12 months I had them, never won a penny - I lost out on over £100 in interest so kicked myself really.
    :D"Stay Wonky":D

    :j:jBecome Mrs Pepe 9 October 2012 :j:j
  • pania
    pania Posts: 8,258 Forumite
    ****CONTROVERSIAL POST*****WARNING********


    I used to play the lottery all the time, of course i never won anything other than the odd ten pound.

    In 1996 the national lotteries commission refused a grant to the kent air ambulance of 2 million. a cause that for reasons I won't explain is exceptionally dear to my heart, but agreed a 10 million grant to the lesbian and gay arts council.

    From that day forward i have never ever even been tempted to put my money into their hands. I have nothing against the charity that was granted 10m, i know they put it to good use but it doesn't save hundreds of lives a year. It doesn't provide medical support and treatment for people that would otherwise die travelling by road. the kent air ambulance is so thoroughly deserving of the 2million yet they saw it fit to refuse.

    Sorry said it would be controversial...
    debt @05/11/11 £12210.63!! slowly chipping away!!
    :heart2:impossible is nothing.:heart2:
  • Pania
    I've heard similar stories. I don't think enough of the 'good' is publicised (sp?) but then what is good in some peoples eyes etc...

    As they say charity begins at home so I will give myself a fiver a week :)
    DC.
    "Some people walk in the rain... others just get wet... " - Roger Miller
  • oscar52
    oscar52 Posts: 2,272 Forumite
    Just to say you have to buy £100 worth of Premium Bonds to start with and then after that I think it's in multiples of £25.

    But once you've bought them they are there every month for you 'flutter'.

    My husband and I have had about ten small (£50-£100) wins on a £3k holding in about five years.

    You have to buy £100 with each purchase, unless i think its a Standin order - then you can buy £50.
    No Longer works for MBNA as of August 2010 - redundancy money will be nice though.

    Proud to be a Friend of Niddy.
    no idea what my nerdnumber is - i am now officially nerd 229, no idea on my debt free date
  • Seaxwyn
    Seaxwyn Posts: 4,896 Forumite
    That 's a great plan about the ISA - well done!

    I've never bought a lottery ticket because just before it was launched I heard an interview with one of the politicians involved who described it as "a tax on stupidity".

    More recently I got chatting to a man from Camelot was installing a new lottery machine in my local corner shop. He said that neither he nor his colleagues ever buy tickets because they understand the odds so well.
    Total debt: 1 January 2007 £[strike]49,387.79[/strike] 1 January 2012 £[STRIKE]19,312.85[/STRIKE] 1 August 2012 £11,517.62



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