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Lottery culture in the UK and South Africa compared

by Staff writer
27 Feb 2020 at 18:14hrs | Views
If the rise of websites such as SuperLenny are anything to go by, lotteries are as popular as ever! All across the world, news of massive jackpot wins draws millions of player to lotteries each year in the hope that they might be able to choose the right numbers and win big.

Despite being a global phenomenon, lottery culture is quite different around the world and can vary from region to region. From the massive mega-jackpots of the US to the charity-focused enterprises in the UK, there is quite a lot of variety in the different types of lotteries out there.

With a view towards the UK and South Africa specifically, what similarities or differences are there between the lottery cultures in both regions?

Founded in 2002, when the inaugural lottery sold R70m worth of tickets in the first week, the South African lottery has grown to be a national institution. Despite being one of the newer lotteries out there, the South African national lottery is one of the most popular in the world – and with seven out of 10 people in South Africa playing it on a weekly basis, it is also one of the most popularly played. With affordable tickets, generous jackpots and numerous prize divisions to play in, the South African national lottery is truly a fan favourite. In addition to these factors, there is an argument to be made that the South African lottery is one of the easiest to win, with 1:376,992 odds for the jackpot. With all this in mind, it completely makes sense that so many people from around South Africa play on a daily basis! Most enticingly of all, there is no tax on lottery winnings in South Africa, making it an even better proposition!

The UK national lottery, in contrast to the South African lottery, consists of various games, with the 'Lotto' being the main one. The main 'Lotto' offers the biggest jackpot out of all the various games and is, as you would expect, the most popularly played. Although it has been around for well over two decades at this stage, it underwent some major changes in 2015, which affected the odds of winning. Although it offered 10 new numbers to the draw, the chances of winning the main prize decreased – rising from 14m to one to a staggering 45m to one! This means that it is significantly worse than the South African lottery. Although the National Lottery argued that individual chances of winning improved due to the increased number of game types, the overall jackpot odds are much worse under the new rules. Additionally, much like South Africa, no tax will be payable on lottery winnings, though interest earned on winnings will be subject to tax.

As we can see, while there are a lot of similarities between the two national lotteries, there is also a lot that distinguishes them. While South Africa's lottery has continued to explode in popularity, in the UK, playing figures have been declining for quite some time.

Source - Byo24News