Important Postcode Lottery Information
The People’s Postcode Lottery is fundamentally a subscription-based lottery that is enjoyed by British citizens in the UK and is used to raise money for charitable purposes. Rather than selecting your fortunate numbers at the store, tickets are based on your postcode. To participate, gamers only need to provide their postcode during fun88 registration and pay a minimum of £10 per month.
Your postcode is automatically added to the lottery pool as you join up, and new prizes are being given away every day of the month. Every player inside that specific postcode wins after the winning postcode is revealed!
Sales of People’s Lottery tickets reached an astounding £487 million in 2020 alone. When this number is combined with the daily donation of 33% of ticket sales to a different charity, gamers may feel good about helping the community while simultaneously having a fantastic time playing with their friends.
Levels of Postcode Lottery Prizes
There are now five reward tiers in the Postcode Lottery, which we will discuss in more detail along with the chances of 1win winning from each tier in the parts that follow. The following are the five reward tiers:
£10 Draw
£20 Draw
£1,000. Draw
£30,000 Drawing
£3,000,000 Lottery
While the £30,000 Street Prize draw is selected every Saturday and Sunday, the £1,000 Daily Prizes are revealed every day from Monday to Sunday. In addition, the £20 draw happens on Sunday, and the £10 draw happens on Saturday. If winning wasn’t enough, each month, participants in a certain postcode have the opportunity to split an amazing £3,000,000 in Postcode Millions Prizes. The winning players then divide this prize equally among themselves.
What is the number of players?
Approximately 1.22 million postcodes are included in the postcode lottery each week, given that there are approximately 1.8 million postcodes in the UK and that over 68% of postcodes in Great Britain are participating. 82% of players with the People’s Postcode Lottery received a reward in 2020 alone.
Odds for Postcode Lottery
We would like to show you your chances of winning and provide an explanation of how the Postcode Lottery odds can be in your favor for each prize tier based on these data. We remind dream11 you to read the terms and conditions of the promotion beforehand because the odds may alter if you utilized one of the top casino bonuses in the UK to play the lottery. Here is a quick summary of the approximate odds of winning in each draw, though, in case you’re pressed for time.
£20 Draw – 1 in 305 £1,000 £10 Draw – 1 in 305 One in 2,033 £30,000 is drawn. 1 in 152,500 £3,000,000 is the draw. Draw: One in 1,22 million pounds and twenty pounds
1,000 postcodes are chosen every Saturday, and any player who lives in that postcode wins £10. Another 1,000 postcodes will be chosen on Sunday, and the winners of these postcodes will receive £20. Given that there are four Saturdays and four Sundays in a month, players’ chances of winning are approximately 4,000 in 1,220,000. Put another way, each week there is a 1 in 350 possibility for gamers to win £10 and £20 drawings.
£1,000 Drawings
Twenty postcodes are chosen every day to win a £1,000 prize in this specific draw. Remember that unlike the £3 million prize, this £1,000 draw is for each ticket and does not need to be split. The odds of winning this reward are about 600 in 1.22 million, or 1 in 2,033, given that there are about 1.22 million postcodes in each draw and that 20 winners are chosen every 30 days of the month.
£30,000 Drawings
Similar to the last prize, you are not have to give it to your neighbors if Lady Luck comes knocking on your door and you win the £30,000 draw! Conversely, though, the odds are more difficult to calculate. Every Saturday and Sunday, there are eight opportunities to win the £30,000 draw, which is held every month. Consequently, you have 8 in 1.22 million, or around 1 in 152,500, chances of winning.
$3 million street prize drawings
You should keep in mind that if you win at this reward tier, you and your neighbors who are also Postcode Lottery players will have to split the jackpot. Stated differently, you are limited to winning a portion of the £3,000,000 monthly prize. A single ticket may win up to 10% of the entire draw profits, up to a maximum of £400,000.
Based on basic computations, the likelihood of winning the £3 million street prize is approximately 1 in 1.22 million. The Postcode Lottery website’s winners’ section states that the typical jackpot win for this prize is estimated to be between £100,000 and £200,000.
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