The UK Lottery has been operated by the Camelot Group since the mid 90′s when they first acquired the license and the government body in charge of regulating the Uk Lottery is the National Lottery Commission.
The primary reason of existence for the UK Lottery is to rise funds for good causes while giving virtually all citizens a real chance to hit a life-changing Jackpot prize.
How are the UK Lottery funds allocated?
The first thing to note is that not all money raise by the UK Lottery is paid out in cash prizes. Out of all the money that goes to the National Lottery 50% goes to the prize fund. This is the money paid out to players.
The so-called “good causes” receive 28% of all the money collected. The UK government also takes its cut of 12% as duty while 5% of all the money is paid out as commissions to retailers across the country.
And finally, the operator Camelot takes the remaining 5% of all the money where 4.5% is used to cover the operating cost and takes 0.5% as profit.
How to Play the New UK Lottery?
Starting on 5th October 2013, the National Lottery will be offering an all-new UK Lottery game with some fantastic improvements to the odds and cash prizes.
Playing the UK Lottery is dead simple, all you have to do is pick 6 different numbers between 1 and 49; so for instance, 3, 6, 16, 23, 31 and 45. If you can’t make up your mind or simply don’t feel like to choosing the numbers yourself, you can always opt for the “Lucky Dip” which is an automatically generated random pick on your behalf.
You then choose for which day you want to play as the Lotto happens on Wednesdays and Saturday nights, pay your £2 and cross your fingers your numbers will come up.
On the day of the draw, six numbered balls are drawn (and removed) from a group of 49 balls that are numbered from 1 t0 49. Additionally, one Bonus Ball is also pulled from the set but this ball affects only those players who match five numbers in the lotto.
Winning at the UK Lottery
It used to be the case with the UK Lottery whereby players had to match at least three main numbers to win a cash prize. With the new lotto, players
To win at the UK Lottery you must match a minimum of three numbers where the maximum payout is paid out to players who match all six numbers of the drawn. If more than one player match all six numbers the jackpot is divided among them.
When no-one matches the six numbers, the Jackpot “rolls over” to the next Lottery draw. You should know that the Jackpot can only roll-over a maximum of four times.
When there are players matching three, four and five numbers, the prize is divided equally between those players who matched the same amount of balls.
So, what are the odds and expected return on your £2 bet? Let’s take a look:
|Matched Numbers||Estimated Win||Approx odds (1 in X)|
|6 main numbers (Jackpot)||Sat £5 m||13,983,816|
|Sat £2.5 m|
|5 main numbers plus bonus ball||£50,000||2,330,636|
|5 main numbers||£1,000||55,492|
|4 main numbers||£100||1,033|
|3 main numbers||£25||57|
|Raffle Winners (50 winners)||£20,000|
The New Raffle Game
The new changes to the UK Lotto include a raise in the ticket prize to £2, higher Jackpot prizes (except for matching 5 numbers plus the Bonus Ball which now pays half as much), the payout for matching three numbers has been doubled to £25 and lastly an all new Raffle Game which guarantees at least 50 winners of £20,000!
Players wishing to win the new raffle game don’t have to pay extra or do anything else a part from purchasing their usual Lotto ticket. Every line that you play will automatically enter the new raffle game.
Draws happen on Wednesdays and Saturdays and are always broadcasted live on BBC One TV Channel.
To start playing the UK Lottery, click here to open an account and play online.