Why 40 Million People Invest In UK Lottery Tickets
At the start of the 20th century, all types of gambling including lotteries and sweepstakes were banned in most countries including Europe and America. The ban was lifted by many countries in after the 60s. The lottery as we know it in the UK did not start until 1993 after an Act of Parliament decreed it. Today UK Lottery Tickets is one of the most celebrated forms of gambling. The governments now see the National lottery as a legitimate way of raising additional funds.
The UK National lottery is looked after by Camelot, it was given that authority by the government since it started in 1994. Their license has to be renewed by parliament, which it was a couple of years ago. Camelot is then kept in check by The National Lottery Commission who exist to make sure the National lottery is operated properly and fairly. Data HK
The National lottery had dwindling sales and lacked popularity it so in 2002, a lot of money was spent on rebranding it, this involved changing the name to National lotto. This exercise seemed to have worked as ticket sales have been up ever since then.
In the UK, the National Lotto is played every Wednesday and Saturday with the weekend always having the biggest participation. Over 32 million people play the UK Lotto every week with each person buying an average of three tickets every time.
In the UK, the National lottery does not just make money for the government, part of the money, an estimate of over 22 billion pounds go towards charity organizations and other good causes. The National lottery also creates millionaires, which is the main reason why so many of us keep playing. The UK National l Lotto has had many highlights since it was created, one of the best being eighteen people becoming millionaires during the 2000 millennium celebrations.
The UK National Lotto pays all prizes won in a lump sum and is tax-free, for every pound generated by the Lotto, 50 pence goes towards the prize pot, 28 pence to charities determined by the government, 12 pence to the British government as tax and the people who sell the UK Lottery tickets get 5 pence. The operators of the Lotto, Camelot also get 4.5 pence to cover operational costs.
The National lotto can be played by anyone sixteen years and over who lives in he United Kingdom and the Isle of Man. Camelot has eleven machines for lotto draws, the machine for each draw is picked randomly minutes before the draw begins
Players must pick six numbers from 1-49 plus a bonus number or let the ticket machine pick for them in a lucky dip. They get a cash prize if the numbers picked match at least three of their numbers. Players who match all six numbers plus the bonus number win the jackpot, the odds of that happening is almost 1 in 14 million.
For majority of people, the the National lotto is down to luck, millions of people believe their lucky numbers will one day turn up, that is why they keep playing. A few people however believe it is something that can be calculated, they believe they can study number of times a number has appeared and predict when it will show up again. They also believe the type of machine used on the day by Camelot can sometimes predict the numbers that come up, which ever theory you believe in, buy a UK Lottery Tickets and test the theories.