National Lottery to Introduce a Game of £10,000 a Month for Life

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The officials of National Lottery are planning to introduce a new game which offers a lifetime annuity. Yes, the players of National Lottery could win a monthly income of £10,000 for the rest of their lives. The new game will not allow the punters to win the prize as lump sum amount. Camelot wants “to address the needs of players who value smaller, more frequent wins”. Regarded as a different dream, the game is likely to be introduced in 2019. It will give a better winning experience to the players. New ticket price will be £2.50, and new odds of winning the jackpot will be 1 in 45 million. However, the numbers of balls are likely to be increased from 49 to 59.

A small portion of jackpot winners, who have collected their prize as the lump-sum payment, have lost all their cash after spending it quickly. It initiated National Lottery to design this new game. To operate this new game, the operator of the National Lottery has appointed Nigel Railton as its permanent chief executive. He has come with the annuity idea and taken the responsibility to move the National Lottery towards growth. When the comparison is done with the previous year, the ticket sales in National Lottery fell by 3.2% between March and September. During this period, the lottery has raised £746.6 million for good causes which are 4.7% lower than its previous contribution. Nigel had spent time in Chicago as boss of Camelot Global.

The officials of National Lottery are also planning to unveil a EuroMillions HotPicks prize in 2018, and a competition to win regular sums of money during their lifetime in 2019. Camelot’s new chief executive Nigel Railton said: “It is going to take some time to turn things around. But I firmly believe we have an excellent platform to get the National Lottery back where it should be next year.” As per Camelot, the prizes and prices to suit diverse needs and pockets. With this change, the shoppers will be able to buy National Lottery games at self-checkouts. A shopper will be allowed to get discounts if he/she comes with a grown market share.