We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Competition tagging is now live - Please tag your posts 🙏
🏷️ View / Follow Tags

Win Trillions

Not sure where/what thread to post this in, so forgive me if this is the wrong one.... also I've done a Forum search and nothing kicked up hence me doing my own post! Here goes:

Has anyone got an opinion on the wintrillions lottery game (APART from saying don't gamble! ha ha).......... just wondered if anyone here has tried it (as there was an advert on tv recently too promoting it). Just curious & am also more curious that nothing kicks up on in the search on here (esp as its money related!).

Comments

  • mjm3346
    mjm3346 Posts: 47,391 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Should probably be somewhere else on the board, not sure it is anything to do with the competitions section.
    Just curious & am also more curious that nothing kicks up on in the search on here (esp as its money related!).

    It's not money saving and while it may be legal it is just a way to part fools from their money.

    From £740 taken in from punters they buy £200 of lottery tickets on one of their "plans", haven't looked at them all.

    I know more than one company that spends less than 10% of the money they take in on tickets and the one in the thread below only spends 10p on tickets for every £1.50 they take in (many of them run affiliate/loyalty schemes to keep the fools they have got and to get them to try and lure more in).

    https://forums.moneysavingexpert.com/discussion/4080263

    They all go with the line about more winners come from syndicates but none of them clearly state what percentage they keep of the stake money (can be over 90%)
  • weeowens
    weeowens Posts: 81,990 Forumite
    10,000 Posts Combo Breaker I've been Money Tipped!
    Passed to dalkirst for a move to chat
  • blinx
    blinx Posts: 27 Forumite
    Ooh I see, thanks mjm3346 (that's an eye opener) and sorry weeowens.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.8K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.6K Spending & Discounts
  • 247.6K Work, Benefits & Business
  • 604.6K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 262.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.