Which Lottery Game Has The Best Odds Of Winning Uk
You win Lotto prizes by matching your selected numbers to the winning numbers – there’s millions of pounds of prize money at stake in every draw. The odds of matching all six numbers to win the jackpot are 1 in 45,057,474, and overall the chances of winning a prize are better than 1 in 10. Find out more about the odds of winning Lotto.
Which Lottery Game Has The Best Odds Of Winning Uk Lotto
Lotto HotPicks Odds and Prizes. Lotto HotPicks prizes range from £6 to the jackpot of £350,000. You get to decide which prize you want to go for when you purchase your entry, whether you want to play for the big money or capitalise on the lower odds offered by some of the other prize tiers. If you were to compare each of these lotteries, then it’s clear to see that the conventional lottery game with the best odds of winning the top prize is the Thunderball. Of course, it’s necessary to put those odds into some sort of perspective, prior to you rushing out and purchasing a Thunderball ticket. Among the best lottery odds. In fact, your odds of scooping any prize in this lottery are 1:6. UK Lotto: The UK Lotto is the top lottery game in England, and the odds of winning are 1:9. Austrian Lotto: With a massive €1 million prize, this lotto game has favourable winning odds of 1:12.
Prize Categories
To win a prize, you must match at least two of the six main numbers. The prizes increase in value as you match more numbers, culminating in the ‘Match 6’ jackpot award. The following table shows all the Lotto odds, prizes and how to win.
| Prize Category | Odds of Winning | Prize Value |
|---|---|---|
| Match 6 | 1 in 45,057,474 | Jackpot |
| Match 5 + Bonus Ball | 1 in 7,509,579 | £1 million |
| Match 5 | 1 in 144,415 | £1,750 |
| Match 4 | 1 in 2,180 | £140 |
| Match 3 | 1 in 97 | £30 |
| Match 2 | 1 in 10.3 | Free Lotto Lucky Dip |
| The overall odds of winning a prize are 1 in 9.3 | ||
The Lotto jackpot starts at £2 million on a Wednesday and £3.8 million on a Saturday. It is shared between all players who match six numbers in the same draw, or rolls over to the next draw if there are no winners. Take a look at the biggest Lotto winners of all time.
There are fixed prizes in all the tiers below the jackpot, ranging from a free Lucky Dip for matching two numbers to £1 million for matching five main numbers plus the Bonus Ball. The Bonus Ball is only relevant if you match five of the main balls.
The jackpot can only roll over for a maximum of five consecutive draws. A Must Be Won draw will then be held in the following draw, which guarantees that the jackpot money will be given away even if there are no Match 6 winners. If a rolldown occurs, lower prizes can be boosted significantly.
Prize Capping
If the number of jackpot winners in a certain draw means that the individual prize amounts fall below £1 million, the jackpot will be topped up so that each player receives £1 million. The amount of money that can be added to the jackpot in this way is capped at £7 million, so in very rare cases, it may be that jackpot winners receive less than £1 million each.
All other cash awards - from Match 3 to Match 5 + Bonus - can also be capped in very rare circumstances when winners cannot be paid the standard prize. The total capped prize fund equates to 35.82 percent of ticket sales, plus £35 million. If prizes do have to be capped, all winners below the jackpot will receive at least £2 or a Lucky Dip.
Reserve Prize Fund
Which Lottery Game Has The Best Odds Of Winning Ukulele
Half of the money raised from ticket sales is put towards Lotto prizes. A small portion of that revenue – 8.78% - is kept in a reserve fund that can be used to bolster prize amounts when special promotions take place.
Improving Your Lotto Odds
What Lottery Game Has Best Odds Of Winning
Each line of Lotto numbers has an identical chance of winning. The only way to improve your odds is to get more entries. An affordable way to do this is to play in a syndicate so that you split the cost with others and boost your odds at the same time. Go to the Syndicates section for more information.
Taxes on Winnings
Which Lottery Has Best Odds Of Winning Uk
UK lottery prizes are not subject to tax, but there are exceptions. The interest that accrues on a prize, for example, may have to be taxed as part of your normal income tax if it is sufficiently large. If you wish to give anyone a share of your winnings, you should also be aware that they may have to pay Inheritance Tax if you die within seven years. If you play from overseas, you may be liable for withholdings in your own country. You should check with a financial expert if you have queries about tax as it is a complex issue that does depend on individual circumstances.