National Lottery - Anyone got £13,983,816?

Would be a real bummer if at least 1 other person had the same numbers as you! Your profit would then be a huge loss!
 
Pain said:
Would be a real bummer if at least 1 other person had the same numbers as you! Your profit would then be a huge loss!
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Why would it? If it was 1 other winner it wouldnt be bad.
You would win significant amount on all the other combinations of numbers also.
 
Aedus said:
Have fun looking through 13,983,816 tickets to see if 1 of them won the jackpot

By the time you've done it the winnings would have probably rolled over because no-one claimed in time.
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They know if theres a winning ticket, so it wouldn't roll over i think :p
 
Aedus said:
Have fun looking through 13,983,816 tickets to see if 1 of them won the jackpot

By the time you've done it the winnings would have probably rolled over because no-one claimed in time.
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You have 180 days to claim, if I remember correctly. The roll overs are worked out automatically. The system logs all the tickets that are bought and analyses them to see if a winning combination has been bought. If it has not, then it automatically makes a rollover possible.
 
Saw a documentary many years ago where a couple of guys were trying to buy all the tickets for a draw in the us i think. They were going from store to store using up all the tickets available. Even though they did not manage to get all the numbers covered they still won. Been googling to find it, but no luck.
 
kaiowas said:
It's not that difficult. According to the lottery website 45% of the ticket price goes into the prize fund, of which 52% goes into the jackpot fund. Meaning that 23.4% or 3.27m of your stake would go into the jackpot fund bumping the jackpot to around 21.4m if the jackpot is split between just 2 winners you're relying on making more than 3.5m from smaller prizes just to avoid making a loss (which is probably easily achievable although you won't make enough for it to be worthwhile), if it's split 3 ways you're almost certain to lose.
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I didn't mean to calculate the jackpot, I meant to calculate what the rest totted up to, I had a go at working it out the last time this came up, I think even split 3 ways you might still make profit, but probably insufficient to make it worth doing.
 
But there is no guarantee you will be the sole winner so could potentially you could lose out.

Also, can't you just buy 14million tickets online?

I'm out.
 
hood1971 said:
Saw a documentary many years ago where a couple of guys were trying to buy all the tickets for a draw in the us i think. They were going from store to store using up all the tickets available. Even though they did not manage to get all the numbers covered they still won. Been googling to find it, but no luck.
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I remember that too. They had printed out completed forms on laser printers then had stacks of people going into shops feeding ticket after ticket through the machines.

In this lottery only a single instance was allowed of each number combination so they knew that by covering virtually all combinations they had a very good chance of winning the entire jackpot.

Sp00n said:
But there is no guarantee you will be the sole winner so could potentially you could lose out.
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Exactly, that's why no one has tried it on Uk or Euromillions lotteries.

The chance of multiple jackpot winners is too great a risk to be worth it.
 
Good luck to anyone who is going to attempt to fill in 14,000,000 lottery play tickets so they have every possible combination.
And as someone else said, the first priize is shared.
So as soon as one more person wins the share is down to 9m each - you're on a loss.

If you've got the time and money to spare then your best bet is to win as many £10 prizes as possible.
The £10 prize is the only guaranteed prize in the lottery.
3 numbers always nets you £10 no matter what.
So get the maximum number of £10 wins to be guaranteed a certain amount.
 
hood1971 said:
Saw a documentary many years ago where a couple of guys were trying to buy all the tickets for a draw in the us i think. They were going from store to store using up all the tickets available. Even though they did not manage to get all the numbers covered they still won. Been googling to find it, but no luck.
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There was an Australian syndicate that did this with the Virginia state lottery; http://www.nytimes.com/1992/03/11/us/lottery-will-pay-disputed-jackpot.html
 
With every combination you would win every prize. I would imagine you would win £10 a lot for example.
 
This is a regular conversation in the pub, funny, we always remember we've talked about this before just as someone mentions how long it would take to write the numbers out, then get to the shop and wait for the machine to process them. Then we just go back to talking about the barmaid with big norks.
 
Just look at last weeks figures:

https://www.national-lottery.co.uk/player/lotto/results/prizeBreakdown.ftl

The jackpot was £11,220,394
The total prize was £18,322,758

This jackpot is £18 million. The jackpot was around 60% of the total prize, so the total prize this time should be roughly £30million.

So spending £14million on tickets, with roughly £12million available for 'other prizes' should mean that even with several main jackpot winners, you should still make a profit.

Only problem is that you would have three days in order to buy 14 million lottery tickets, and they would all have to be individually filled in, you couldn't simply ask for 14million lucky dips :p
 
iviv said:
Just look at last weeks figures:

https://www.national-lottery.co.uk/player/lotto/results/prizeBreakdown.ftl

The jackpot was £11,220,394
The total prize was £18,322,758

This jackpot is £18 million. The jackpot was around 60% of the total prize, so the total prize this time should be roughly £30million.

So spending £14million on tickets, with roughly £12million available for 'other prizes' should mean that even with several main jackpot winners, you should still make a profit.

Only problem is that you would have three days in order to buy 14 million lottery tickets, and they would all have to be individually filled in, you couldn't simply ask for 14million lucky dips :p
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Yep, you would need to process roughly 54 tickets a second, every second, for those 3 days.

If you aimed for the Weds draw, you buy yourself some extra time, but still not enough for it to be physically possible.
 
krooton said:
Yep, you would need to process roughly 54 tickets a second, every second, for those 3 days.

If you aimed for the Weds draw, you buy yourself some extra time, but still not enough for it to be physically possible.
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Wednesday draw is much smaller but with the same number of combinations, for a 2mil jackpot, 14mil in tickets is not going to pay itself off, nor would most normal weekend. Of course, your 14 mil tickets is a lot of money to add to the pool, but its not a 100% paid in paid out scheme.

The risk for a potental fairly small reward, because theres only a million or so there, is pretty huge.

THe way to do it would be to have a server farm log in to the national-lotto website and a script enter the forms for you, infact that would be easy, but if their server overloaded, or the net went down, and you missed the jackpot with the 1 ticket that didn't go through, ouch.

14mil backing with a risk of problems, to get a couple mil, 14 mil to get maybe 25mil maybe in returns is way healthier.
 
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