Age UK lottery

[brightncheerful]

DAK please the odds of winning a prize in the weekly draw, assuming maximum holding of 6 tickets.

I have not found any information on-line.

[swill453]

They seem to have fixed prizes, so the odds would depend how many tickets are entered in the draw. They would therefore be different every week.

I'm not sure how you'd find out how many tickets were in a draw.

Scott.

[DrBunsenHoneydew]

They sell about 60000 tickets a week and pay out 1000 prizes totalling about £12500, plus a further 5000 prizes totalling £100000 every 3 months.
So in a year they sell about 3 million tickets and pay out a total of about £1 million to 72000 people.
The chances of a ticket winning anything is 72000 / 3000000 = about 1 in 42.

[UncleEbenezer]

They sell about 60000 tickets a week and pay out 1000 prizes totalling about £12500, plus a further 5000 prizes totalling £100000 every 3 months.
So in a year they sell about 3 million tickets and pay out a total of about £1 million to 72000 people.
The chances of a ticket winning anything is 72000 / 3000000 = about 1 in 42.

Is it not possible for a ticket to win more than once? If so, that calculation looks optimistic.

That calculation might also be revised according to how many and varied draws the 72000 and 3000000 are split over.

(I have no idea. Hadn't even heard of an Age UK lottery until I read this thread).