03/10/2013

Lottery Ticket Price Doubles

The price of a National lottery ticket is to be doubled to £2.

It is understood the change, along with a series of others, is being introduced to "re-energise" the Lotto, which according to some experts has lost some of its appeal for people.

Along with the increased ticket price, there will a number of changes to prizes, with some increasing and other being reduced.

There will be an increase in the average jackpot for both weekend, rising to around £5 million, and mid-week draws, rising to £2.5m.

The prize for matching five balls is expected to average £1,000 instead of £1,500, while the average for matching four balls is expected to go up from £60 to £100 and matching three numbers will be now pay out £25, up from £10.

Camelot have said that the price increase will secure more money for charities. Since it began in 1994, Camelot have raised £30bn for "good causes".

(MH/CD)

Related UK National News Stories
Click here for the latest headlines.

05 August 2011
E.ON Increase Prices
E.ON has today announced that it will increase its prices by 11.4% for electricity and 18.1% for gas, with dual fuel customers seeing a rise of 15.2%, effective from 13th September.
13 August 2007
House Prices Rise By 12% In June
UK annual house price inflation in June 2007 was 12.1%, up from 10.8% in May 2007. Annual house price inflation in London was 17.5% in June, up from 14.3% in May. The UK annual house price inflation rate for the 3 months to June was 11.3% and 15.1% in London. The UK house price inflation rate rose from 10.8% in May 2007 to 12.1% in June 2007.
01 September 2005
Fall in house prices reported
House prices fell by 0.2% in August, according to the latest figures from the Nationwide. The building society said that the rate of annual house price growth had fallen to 2.3%; it’s lowest level in nine years.
21 October 2013
Npower Announce 10.4% Price Hike
Npower are to increase dual-fuel bills by 10.4%, making them the third major energy company to announce a price hike. The energy firms price increase is the largest announced to date and will come into effect on December 01. The dual-fuel increase includes an electricity price rise of 9.3% and a gas price rise of 11.1%, and will affect some 3.
04 May 2011
House Prices Continue To Fall
The North East of England has experienced the greatest annual price fall in house value as the March data from Land Registry's House Price Index revealed an annual price decrease of 2.3% which takes the average property value in England and Wales to £160,996. The monthly change from February to March is a decrease of 1.1%.