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4 numbers pays LESS than 3 numbers on Lottery
tony321
Posts: 10,594 Forum Member
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Just checked tonights lottery and 4 numbers pays £15 yet 3 numbers pays £25, Camelot need to lose the licence as that is a rip off
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tony321
Posts: 10,594
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I once saw a draw where a lot of people had managed to get 5 numbers, it only payed out about 2 grand. Imagine how galling that must of been.....
According to the official website 219,000-odd folk got 3 numbers and £25, and 16,000-odd got 4 numbers and £25.
I did a euromillions on the way home by mistake. Hopefully the prizes are q bit better on Friday....
There were 16,593 winners sharing a prize fund of £248,895 = £15 each.
With a finite prize fund it make perfect sense, of course, that you will get less if more people win it. It's just like sharing the Jackpot with everyone else who has the same numbers.
True, but I'm surprised that they've not worked out a system that the minimum prize for a tier isn't at least equal to that of the one below.
Too late to the party ... you get nowt.
I don't think people would like that.
Anyway I thought I would look at their website. It looks like the jackpot is the lowest I have ever seen it £0.72M!
Even on a Wednesday it's usually around £2M why such a small jackpot this week?
The last three prize funds for a Wednesday have all been pretty much the same (£7.5m), so it just must have been the way the numbers came out compared to what folk had put on.
Me either, I'm sure Camelot will lose the licence soon and someone else will takeover, didn't Branson want it at 1 point?
Maybe everyone is on holiday! But would they not buy tickets in advance?
I've obviously been sold a faulty ticket, so I'm going to Tesco Customer Services tomorrow for a refund.
Agreed, that's a farce. I appreciate that the £25 is guaranteed, but there is no way that someone getting 4 numbers should ever get less than someone with 3.
Especially considering that you have a 1 in 57 chance of getting 3 numbers and only a 1 in 1000 chance of getting 4 - link
At the very very least, 4 numbers should match £25, never fall below it, and preferably have a minimum £50 payout.
...and here is the confirmation - just £15 for 4 numbers.
No, it's more that the prize fund was very low, and there were a lot of winners because all the numbers were under 31, and so many people choose birthday dates for their numbers.
Incidentally £2k was actually quite reasonable for 5 numbers. It was never a brilliant amount, even though you only have a 1 in 55,000 chance of getting 5 numbers from any one line.
... and the prize for "Over-reaction of the day" goes to ...
Yeah, Camelot need to lose their licence for explaining the system from day one and distributing the prizes in accordance with that system!
I think we need the Daily Mail to run the story just so that we can have lots of sad faces.
Nah, it was a failed attempt to increase profits. I like many have not played since. I'm sure Camelot knows best.
5 numbers last Wednesday would have won £1,269. Looking at the recent draw history, back on May 14th 5 numbers would have won £3,105!
Hopefully enough people will kick up a stink that they'll feel obliged to pay up.
16,593 people had 4 numbers. Paying each winner an extra £10 to make it £25 would cost £165,930. I doubt Camelot would be willing to do that.
What else do people expect to happen when too much is allocated this way?
I think most might reasonably expect more for 4 numbers - especially considering the odds differential.
It's not often this scenario will arise, and a safety net contingency should be in place for when it does, to save Camelot losing credibility (if it hasn't already gone, that is)