The recent Dragons Den (02/12/18) episode featured a similar competition website who were able to secure an investment with 2 Dragons.
This indeed was impressive & we are not bitter at all 🙂 What we do differently is limit the maximum entries to 250 per competition, giving you a far better chance of winning.
Good luck to the other guys, we don’t mind being number 2! Burger King, Vauxhall & Asda don’t seem to mind either!
Obviously winning the lottery is not easy, if it was we would all be living abroad, enjoying ourselves & reading something other than this blog! But what exactly are the odds?
Below is the actual odds provided by the UK National Competition Website.
1 (Jackpot) 6 numbers 1 in 45,057,474
2 5 numbers + Bonus Ball 1 in 7,509,579
3 5 numbers 1 in 144,415
4 4 numbers 1 in 2,180 (estimated prize £100)
5 3 numbers 1 in 97 (estimated prize £25)
6 2 numbers 1 in 10.3 (free lotto lucky dip)
The overall odds of winning any prize is 1 in 9.3
With Just 4 Competitions the odds are 1 in 250* for a prize value on average of £600, compared to a 1 in 2180 chance of winning £100, you do the math 🙂
*Once you correctly answer the qualifying question*