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Postcode lottery - Price Rise

goater78
goater78 Posts: 193 Forumite
100 Posts Photogenic
in Praise, vent & warnings
Just a warning for those that play the postcode lottery. It’s gone up by £2 a ticket to £12. 

Comments

  • sheramber
    sheramber Posts: 23,108 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    goater78 said:
    Just a warning for those that play the postcode lottery. It’s gone up by £2 a ticket to £12. 
    From May onwards

    *£10 for April draws, then £12 per month for May draws onwards
  • binao
    binao Posts: 666 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 28 February 2023 at 7:10AM
    sheramber said:
    goater78 said:
    Just a warning for those that play the postcode lottery. It’s gone up by £2 a ticket to £12. 
    From May onwards

    *£10 for April draws, then £12 per month for May draws onwards
    Has the prize fund been increased?
  • unda_vybe
    unda_vybe Posts: 21 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    Has their ever been a MSE article on the odds of winning, different prize funds etc... Or on any other site?
  • Murphybear
    Murphybear Posts: 8,084 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I’ve had the Postcode Lottery since last July.  I pay by DD, it’s always been £12
  • GrubbyGirl_2
    GrubbyGirl_2 Posts: 1,017 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    unda_vybe said:
    Has their ever been a MSE article on the odds of winning, different prize funds etc... Or on any other site?
    I might be missing something but surely it's a simple calculation.  There are 1.7million postcodes in eth UK.  If 75% of postcodes are registered there will be 1.275 million.  There is a prize every day I think so each day your odds of winning at 1.275 million to 1
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