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National lottery ticket price to double National lottery ticket price to double
(25 days later)
The cost of playing the national lottery is to double from £1 to £2 – the first price rise since the lottery was introduced in 1994.The cost of playing the national lottery is to double from £1 to £2 – the first price rise since the lottery was introduced in 1994.
The dramatic increase, which is likely to cause consternation in hard-up households, will be offset by a rise in prize money.The dramatic increase, which is likely to cause consternation in hard-up households, will be offset by a rise in prize money.
Camelot, the company behind the draw, said the payout for the average Saturday jackpot would increase from about £4.1m to £5m. It defended Wednesday's move, saying that charities, retailers selling tickets and government coffers would all benefit from the price rise.Camelot, the company behind the draw, said the payout for the average Saturday jackpot would increase from about £4.1m to £5m. It defended Wednesday's move, saying that charities, retailers selling tickets and government coffers would all benefit from the price rise.
It also announced rises in the amount paid to those matching three numbers, from £10 to £25, and matching four numbers, from £60 to £100.It also announced rises in the amount paid to those matching three numbers, from £10 to £25, and matching four numbers, from £60 to £100.
However, some prize payouts are being reduced. The reward for matching five numbers will drop by £500 to £1,000, while that for five numbers and the bonus number will halve to £50,000.However, some prize payouts are being reduced. The reward for matching five numbers will drop by £500 to £1,000, while that for five numbers and the bonus number will halve to £50,000.
Around 60% of UK adults play the Lotto regularly, and annual sales across the lottery products account for more than £6bn annually. Charities and other good causes get 28% of lottery revenue, while 12% is paid to the Treasury. Small shops, which pocket 5% of sales, will also benefit.Around 60% of UK adults play the Lotto regularly, and annual sales across the lottery products account for more than £6bn annually. Charities and other good causes get 28% of lottery revenue, while 12% is paid to the Treasury. Small shops, which pocket 5% of sales, will also benefit.
The losers with be the half of all Lotto players that use the same set of numbers in each draw – usually made up of family birthdays or other important dates – who will be loath to give them up in case the "big one" comes in.The losers with be the half of all Lotto players that use the same set of numbers in each draw – usually made up of family birthdays or other important dates – who will be loath to give them up in case the "big one" comes in.
A household playing one set of numbers in both weekly draws will see their annual spend double to £208.A household playing one set of numbers in both weekly draws will see their annual spend double to £208.
Camelot said only Lotto prices were rising. Thunderball, scratch cards and EuroMillions tickets remain unchanged. It declined to say how it thought the price increase would affect future sales.Camelot said only Lotto prices were rising. Thunderball, scratch cards and EuroMillions tickets remain unchanged. It declined to say how it thought the price increase would affect future sales.
Andy Duncan, Camelot UK's managing director, said: "Our players still love Lotto, but after 18 years they say they want more from it. We've spoken extensively with them to develop a re-energised game, and the changes we'll be introducing in the autumn will give them what they have asked for: bigger jackpots and a brand new way to play."Andy Duncan, Camelot UK's managing director, said: "Our players still love Lotto, but after 18 years they say they want more from it. We've spoken extensively with them to develop a re-energised game, and the changes we'll be introducing in the autumn will give them what they have asked for: bigger jackpots and a brand new way to play."
A new Lotto raffle is being introduced that will randomly pay at least 50 winners £20,000 in each draw, he said.A new Lotto raffle is being introduced that will randomly pay at least 50 winners £20,000 in each draw, he said.
In the past 18 years, the National Lottery has created over 3,000 millionaires and generated more than £29bn for its good causes. Over £30m is passed on to charities each week – a figure that looks set to increase.In the past 18 years, the National Lottery has created over 3,000 millionaires and generated more than £29bn for its good causes. Over £30m is passed on to charities each week – a figure that looks set to increase.
Ben Kernighan, deputy chief executive of the National Council for Voluntary Organisations said: "The lottery is a significant source of funding for charities – in 2010/11, £1.66bn was available for distribution to good causes.Ben Kernighan, deputy chief executive of the National Council for Voluntary Organisations said: "The lottery is a significant source of funding for charities – in 2010/11, £1.66bn was available for distribution to good causes.
"Charities, like many others, are struggling with increased demand for services, rising costs and an unprecedented fall in income. We will be watching closely to see how this change affects the amount of money going to good causes.""Charities, like many others, are struggling with increased demand for services, rising costs and an unprecedented fall in income. We will be watching closely to see how this change affects the amount of money going to good causes."
The Office for National Statistics said inflation figures would not be affected by the move, as Lotto spending is not included in the basket of goods it uses to calculate the rate.The Office for National Statistics said inflation figures would not be affected by the move, as Lotto spending is not included in the basket of goods it uses to calculate the rate.
• This article was amended on 17 January 2013. The original said that Ben Kernighan, deputy chief executive of the National Council for Voluntary Organisations " welcomed the news". In fact the NCVO has not yet expressed an opinion about the move.• This article was amended on 17 January 2013. The original said that Ben Kernighan, deputy chief executive of the National Council for Voluntary Organisations " welcomed the news". In fact the NCVO has not yet expressed an opinion about the move.
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