Happ Hazzard Posted September 30, 2015 Share Posted September 30, 2015 Other gambling firms pay tax. Nobody plays the lottery to give to good causes. Just give to charity if you want to do that, or give the money directly. The chances of winning the lottery are miniscule compared to legitimate bookies odds. Link to comment Share on other sites More sharing options...
Cyclone Posted September 30, 2015 Share Posted September 30, 2015 Because it's endorsed by the government and shown on BBC. You can play it at 16 whereas other gambling is 18. So it should lose it's government sponsorship and be made 18 to be in line with other gambling. Link to comment Share on other sites More sharing options...
truman Posted September 30, 2015 Share Posted September 30, 2015 (edited) Other gambling firms pay tax. . As I understand it Camelot pay a lottery duty..it paid £807 million in 2013/14..after everything's been paid out it made about 1% profit... what are the figures for "legitimate" bookies? (whatever they are) Edited September 30, 2015 by truman Link to comment Share on other sites More sharing options...
spilldig Posted October 1, 2015 Share Posted October 1, 2015 As I understand it Camelot pay a lottery duty..it paid £807 million in 2013/14..after everything's been paid out it made about 1% profit... what are the figures for "legitimate" bookies? (whatever they are) Yes. No wonder it's government backed. Link to comment Share on other sites More sharing options...
Vaati Posted October 1, 2015 Share Posted October 1, 2015 The jackpot last night was just over 1.5 million not really worth it. Link to comment Share on other sites More sharing options...
truman Posted October 1, 2015 Share Posted October 1, 2015 The jackpot last night was just over 1.5 million not really worth it. If you win can I have it then? Link to comment Share on other sites More sharing options...
Vaati Posted October 1, 2015 Share Posted October 1, 2015 If you win can I have it then? Not putting my numbers on anymore. So nope lol Link to comment Share on other sites More sharing options...
GLASGOWOODS Posted October 11, 2015 Share Posted October 11, 2015 Any winners in the new format Lottery draws last night? I didn't have a go, but looking at the prize breakdowns... match 3 number winners half of what I'd normally expect from a Saturday draw. Link to comment Share on other sites More sharing options...
Janus Posted October 11, 2015 Share Posted October 11, 2015 As I understand it Camelot pay a lottery duty..it paid £807 million in 2013/14..after everything's been paid out it made about 1% profit... what are the figures for "legitimate" bookies? (whatever they are) I would guess that the fat cats at the top will have been well rewarded in salary, and the tiny bit that is left when each person has taken their large slice of the money pie is the 1%. Link to comment Share on other sites More sharing options...
Guest Posted October 11, 2015 Share Posted October 11, 2015 It seriously makes me cringe when people say 'someone has to win it'. No they don't! That's why there are roll-overs - because no-one won it! You aren't playing everyone else, you're playing the odds. And as it stands you could get the phone book from the top ten biggest cities in the country, stick the pages to a wall randomly and throw a dart at it blindfolded. The chance of you hitting your own name are still better than winning the lottery. So basically, it's a tax on the gullible and those who are no good at maths. The only time it is ever worth playing is when the expected jackpot is over the amount of return you get on investment. So for the current system that would be £26million. (£2 at 13m-1) And then only if you win it on your own. I don't seriously contemplate winning the jackpot when I play. 80k or something like that wouldn't go amiss would it? Link to comment Share on other sites More sharing options...
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