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The national lottery (UK)

PostPosted: Mon Sep 13, 2004 8:16 pm
by Nigel
I spend £6 a week on the national lottery. £3 on the wednesday draw, and £3 on the saturday draw. And everytime i do a lucky dip (Numbers draw randomly). But i was thinking, if i didn't do it. How much money i would save every week.

And here it is

£6 X 52 weeks = £312

Now if i didn't start doing the lottery in the first place. I would of saved

£312 X At least 5 years = £1560 saved!!!

A little jackpot in itself. But i suppose there is always that extremely small chance of actually winning :D .

What about you? Have you won anything? Do you do the lottery??

PostPosted: Tue Sep 14, 2004 1:27 am
by gregoing
Hi there. I live in the U.S. and we have state lotteries (no national lottery). So I voted even though I don't live in the U.K.! No, I don't gamble. I really don't think it's a smart thing to do, no offense. I mean, you spend so much money gambling and how much do you end up getting back? Only a tiny, TINY fraction of those who gamble make more money than they spend.
I'd rather invest in the stock market or do mutual funds, and I will once I'm of legal age (next month I'll be 18 - on October 3).

-Greg

Lottery

PostPosted: Tue Sep 14, 2004 6:09 am
by cantilena91
Here in Finland the national Lottery is hugely popular, my parents do that every week but I haven't even tried to get the jackpot! Here we have 39 numbers, from which 7 numbers + 3 additional number will be chosen at random each Saturday. If I gamble, I go with slot machines and jackpot machines, since those have got far better chance to win here than lottery!

Suvi

Re: The national lottery (UK)

PostPosted: Tue Sep 14, 2004 8:37 am
by wonky_eggs
I haven't bothered with the Lotto in years, I put money on the first ever draw, and after that my parents used to put a pound on for my brother, sister and me and we'd share any winnings. But once my sister moved out a number of years ago and I started to earn my own money I haven't bothered.

The only gambling I do is once in a blue moon if I go with friends to the seaside and we go in the amusement arcades I'll maybe waste (I rarely win anything!) a couple of quid to keep me occupied whilst they play all the slots.

PostPosted: Fri Sep 17, 2004 6:50 pm
by nessieq
not my thing, aparently you're more ikely to be hit by a meterorite than to win the lotttery, but hey, a guy in my science class won£ 7 m in it. i wonder does tat mean i'll get hit by a meteorite...
*looks suspiciously at the sky*.
nessieq.

PostPosted: Fri Sep 17, 2004 9:09 pm
by Lynette
my money goes fast enough without giving it away...i don't play. basically i don't gamble at all.

PostPosted: Sun Feb 05, 2006 12:01 am
by Nigel
I can imagine you have heard of the Euro millions that has started. The last jackpot was an amazing £125 million, and it was lottery ticket fever as people were buying tickets like crazy :roll: (The odds of winning are 1 in 77 million, the kind of odds similar to "The end of the world" :lol: :lol: )

So is it silly to take part, or silly not to??

PostPosted: Sun Feb 05, 2006 12:31 am
by Keiko
Ah yes Euro millions,... To lure the people putting their money on it, sometimes it is sad to see people with their last money still bedding for Lotto or Keno or what ever,.. I have no clue how it works and don't want to know, oh yes the huge amounts of money will attract me, but I have no money to put on :mrgreen: . My mother always spend money for Lotto (I think it is much, but I don't want to know eather,.. :|) Pff, very commercial business, to much people, too much money And doesn't the saying says that "money doesn't make you happy"? (or something like that :D)

Nope, not my thing The lotteries,.. :)

Keiko

PostPosted: Sun Feb 05, 2006 1:21 am
by Beth
I only play the state lottery when the prize gets really high, usually only over $200 millin (which happens only every few months) but I havent won anything yet.

PostPosted: Sun Feb 05, 2006 7:00 am
by Balor
I always find it frustrating to lay a finger on the prize but never the jackpot. Yes, I know it is stupid, but I play the Powerball lottery each Wednesday and Saturday. I never spend more than what I need for my bet, yet wouldn't it be lovely to win enough to get out of George Bush's America?

PostPosted: Sun Feb 05, 2006 4:05 pm
by AndyPandy
I've never played the national lottery over here, not because i'm opposed to gambling or any moral reason. I just think the odds are too long for it to be worth playing, statistically you could play it your whole life and never win a thing! :P

The other point to make here about gambling is why are casinos in business? To make money of course. :mrgreen: The odds are always against you.