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Postcode Lottery odds

edited 30 November -1 at 12:00AM in Compers Chat Corner
19 replies 41.5K views
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Replies

  • venisonvenison Forumite
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    1,000 Posts Fourth Anniversary Name Dropper I've been Money Tipped!
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    Only the postcodes in play are entered into the draws, in the last 12 months we have had 6x10 and 1x£15.
    Boycott the right wing press !
  • GentoGento Forumite
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    First Post
    MoneySaving Newbie
    Personally, I won the most in the lottery 5 lots
  • BluluBlulu Forumite
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    Ninth Anniversary 1,000 Posts Name Dropper I won, I won, I won!
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    WOW! Well done and thanks for sharing.

    Blu XXX
    So long, and thanks for all the fish XXX
  • edited 25 October 2020 at 11:17AM
    sleepyjonessleepyjones Forumite
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    edited 25 October 2020 at 11:17AM
    Are we talking about the Free Postcode Lottery (PickMyPostcode) or the People's postcode lottery?
    On PMP I joined on 20th October 2017, I've never had a win (£49 bonus now).
  • mjm3346mjm3346 Forumite
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    Are we talking about the Free Postcode Lottery (PickMyPostcode) or the People's postcode lottery?
    On PMP I joined on 20th October 2017, I've never had a win (£49 bonus now).
    This is the one you pay for (won 5 x £10 this year) not the free one (won £10 stackpot this year, with my bonus came to just over £100 - 2018 won £200 + my bonus)

  • 50Twuncle50Twuncle Forumite
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    So - it appears to be a case of new subscribers standing a higher chance of winning (6 * £10 in year 1, 3 * £10 in year 2 and so far 1 * £10 in year 3) - this doesn't look good for next year
  • edited 26 October 2020 at 3:49PM
    mjm3346mjm3346 Forumite
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    edited 26 October 2020 at 3:49PM
    50Twuncle said:
    So - it appears to be a case of new subscribers standing a higher chance of winning (6 * £10 in year 1, 3 * £10 in year 2 and so far 1 * £10 in year 3) - this doesn't look good for next year
    Should make no difference - (not that it has any real statistical value but won more this year than the previous 2)

    Checking back over the years this postcode has won something 5 times (this year) then 2, 2, 1, 5 ,5

  • edited 16 November 2020 at 3:18PM
    mjm3346mjm3346 Forumite
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    edited 16 November 2020 at 3:18PM
    The actual answer from their website is:-

    "It isn’t possible to predict the likelihood of winning a prize in the future draws as this depends on the number of postcodes and tickets entered into the draws and this can vary. As a guide, these are details of winners from previous draws:

    In the October draws 16.5% of playing postcodes won a prize."


    In other words 1 in 6 playing postcodes won a prize in October 


    and for December

    Estimated max possible ticket prize in the December millions draw is £462,000



  • grannybikergrannybiker Forumite
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    Part of the Furniture 1,000 Posts Photogenic Name Dropper
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    Are we talking about the Free Postcode Lottery (PickMyPostcode) or the People's postcode lottery?
    On PMP I joined on 20th October 2017, I've never had a win (£49 bonus now).
    I don't play the one you need to pay for, but check the site (PickMyPostcode) via the daily reminder email for the free one. I won on a triple rollover for the main draw when the main prize was only around £20 (It's about £100 now :) and I hadn't been playing long.  Mr GB entered with Mum's postcode a few years ago and recently won the £10 bonus.  Happily his bonus had built to around £50 so just under £60 was in his paypal account the same day he claimed.
    Worse things will have happened in the world today...
    "The only thing that really matters, it to love and to be loved."
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