is it too expensive to play Lotto ?

Andy From Sligo · 25-03-2016 4:11pm #1

Do you reckon its too expensive now these days to play Lotto at €4 minimum for play? - I personally think it is .

I think if they introduced a one line for €1 or €1.50 but with a maximum of a Million Euro Jackpot I would be inclined to do it regularly rather than the way it is now, thats why I personally hardly ever play it and certainly not every week like some people.

When I settled in Ireland in the 90's it was £1 irish punts to play, I know you got to factor inflation and larger prizes and everything but €4 is no longer attractive to me whereas before when it was £1 we either done the lotto once or twice a week.

biko · 25-03-2016 4:17pm

I don't play so have no input on the price.
Hope this helps xx

darkpagandeath · 25-03-2016 4:19pm

More chance of being mauled by a great white shark.

keith16 · 25-03-2016 4:19pm

You're not from Sligo by any chance, are you?

maudgonner · 25-03-2016 4:24pm

It's the number of balls that is the biggest problem Andy.

In lotteries and most other aspects of life, you have to get the number of balls right. Too few is a problem. Too many is a very serious worry indeed.

And what's the story with them being multi-coloured?

mansize · 25-03-2016 4:25pm

Gob****e tax!

davo2001 · 25-03-2016 4:26pm

Yes, €5 for a 2 line quick pick with lotto plus! and if you get 5 numbers now you only get €400!!!!

I got 5 numbers twice in the last 10 years and got €2k each time.

Rip off now so I've stopped playing.

MacauDragon · 25-03-2016 4:26pm

Throwing money away is always too expensive.

Permabear · 25-03-2016 4:26pm

This post has been deleted.

ahnowbrowncow · 25-03-2016 4:26pm

darkpagandeath wrote: »

More chance of being mauled by a great white shark.

On land

Andy From Sligo · 25-03-2016 4:27pm

keith16 wrote: »

You're not from Sligo by any chance, are you?

oooh your good!

Andy From Sligo · 25-03-2016 4:29pm

Permabear wrote: »

This post had been deleted.

interesting , thanks for the info. must check it out. must have been living under a rock, hadnt heard of it

darkpagandeath · 25-03-2016 4:47pm

ahnowbrowncow wrote: »

On land

Swan then if we are being pedantic and in relation To Ireland.

Richard Hillman · 25-03-2016 4:58pm

I only really do it when it goes up to a big jackpot. If things are tight that week I wouldn't bother.

It is way too expensive now a days. It has turned from a bit of fun to genuine gambling. I would rather put my €4 on a horse.

Tzardine · 25-03-2016 5:08pm

I spend 22 euro a week on the lotto. Thats to play each lotto and euromillions draw. Thats affordable for me. And a lot less than some other vices such as smoking for example, on which a person smoking a pack a day will spend the guts of 70 quid a week.

I love how people consider it an investment and expect to get something back. I play for the (very small) possibility of winning a big prize and am happy to pay for that chance.

Capt'n Midnight · 25-03-2016 6:51pm

Tzardine wrote: »

I spend 22 euro a week on the lotto. Thats to play each lotto and euromillions draw. Thats affordable for me.

That's €1,122 a year less winnings.

Over the 28 years the lotto has been around that rate of spending would be €32,120 or thereabouts not including any interest that could have been earned.

Dirty Dingus McGee · 25-03-2016 7:09pm

I spend €22 per week on the lotto.

At times I think it's about the only thing that keeps me going.

0ph0rce0 · 25-03-2016 7:12pm

Capt'n Midnight wrote: »

That's €1,122 a year less winnings.

Over the 28 years the lotto has been around that rate of spending would be €32,120 or thereabouts not including any interest that could have been earned.

And if you win the jackpot you wont be giving two ****s about that

Andy From Sligo · 25-03-2016 7:33pm

Jaysus lads 22euro on lottery per week, that's serious that is!!

Capt'n Midnight · 25-03-2016 7:33pm

0ph0rce0 wrote: »

And if you win the jackpot you wont be giving two ****s about that

Statistically you might be better off investing in shark repellent.

0ph0rce0 · 25-03-2016 7:35pm

Capt'n Midnight wrote: »

Statistically you might be better off investing in shark repellent.

Tell that to all the jackpot winners.

Andy From Sligo · 25-03-2016 7:35pm

Would ye put 22quid in a fruit machine like?

Austria! · 25-03-2016 7:39pm

Dirty Dingus McGee wrote: »

I spend €22 per week on the lotto.

At times I think it's about the only thing that keeps me going.

better off taking some of that and gambling on penny stocks, or altcoins or other high risk high return things with better expected value.

Dirty Dingus McGee · 25-03-2016 7:39pm

Andy From Sligo wrote: »

Would ye put 22quid in a fruit machine like?

No.

But I don't drink,smoke,go to the bookies and I haven't been on a holiday since 2008 (and don't intend on ever going on one again unless I happen to win the lotto).

All of those things above I would consider to be pointless expenses so although it is a decent bit of money and sometimes I think it's too much and a waste of money it only needs to work out once.I probably win €10 per month as well which reduces the cost a small bit.

ToddyDoody · 25-03-2016 7:40pm

It's too expensive NOT to play the Irish National lottery... sure you could win a fortune.

Ursus Horribilis · 25-03-2016 7:43pm

Anecdotally I know a few people who've stopped playing it since the number of balls increased and the price went up. It was never a particularly cheap thing to be playing on a regular basis but I wonder have the changes put more people off?

barney4001 · 25-03-2016 7:49pm

COMPARED TO UK LOTTERY THE IRISH ONE IS CHEAPER AND WITH LESS NUMBERS' ONCE THE UK ADDED 10 NEW NUMBERS THE PLAYERS HAVE BEEN DROPPING OUT AND NO WONDER,I QUIT THE UK LOTTERY BUT I NOW PUT 37.50 EUROS IN IRISH DRAWS LOTTO' DAILY MILLION AND EUROMILLIONS

Ursus Horribilis · 25-03-2016 7:53pm

I HEAR YOU. I THINK WE CAN ALL HEAR YOU. EVEN THE DEAF CAN HEAR YOU.

Andy From Sligo · 25-03-2016 8:15pm

I see its not run by An Post any more since 2014 then ...

RoYoBo · 25-03-2016 8:16pm

We used to play the minimum amount for the Irish Lotto until the change to the number of balls/cost came about last year. Only do a very, very odd quick pick on occasion since. Saving the €6 we used to shell out every week now for a definite windfall holiday this summer

When you add it all up, that's a substantial €312 in a year - and that's the very minimum payment.

If you're paying €22 a week, that's €1144 in a year - a very decent annual holiday could be had for that amount.

Andy From Sligo · 25-03-2016 8:17pm

Dirty Dingus McGee wrote: »

No.

But I don't drink,smoke,go to the bookies and I haven't been on a holiday since 2008 (and don't intend on ever going on one again unless I happen to win the lotto).

All of those things above I would consider to be pointless expenses so although it is a decent bit of money and sometimes I think it's too much and a waste of money it only needs to work out once.I probably win €10 per month as well which reduces the cost a small bit.

well sure its your money isnt it, you can do what u like with it. If you win, I live in Sligo

Capt'n Midnight · 25-03-2016 8:57pm

0ph0rce0 wrote: »

Tell that to all the jackpot winners.

Tell that to the people who've been attacked by sharks, especially if you owe them money.

mansize · 25-03-2016 8:57pm

0ph0rce0 wrote: »

Tell that to all the jackpot winners.

What's the statistical probability of knowing one?

maudgonner · 25-03-2016 9:08pm

mansize wrote: »

What's the statistical probability of knowing one?

I know two.

(Neither of them is me

)

Keplar240B · 25-03-2016 9:09pm

That dailymillions is a colossal fraud ,

Andy From Sligo · 25-03-2016 9:11pm

its the ones that remain anonymous that you got to wonder about - could be a few of them around and you wouldnt know it

keeponhurling · 25-03-2016 9:41pm

You get much better odds in the bookies, for all except the jackpot

dxhound2005 · 25-03-2016 9:44pm

davo2001 wrote: »

Yes, €5 for a 2 line quick pick with lotto plus! and if you get 5 numbers now you only get €400!!!!

I got 5 numbers twice in the last 10 years and got €2k each time.

Rip off now so I've stopped playing.

In the UK you get only £15 for five numbers. You get three times as much for matching four. Weird, isn't it?

https://www.national-lottery.co.uk/results/lotto/draw-history/prize-breakdown/2113

Spanish Eyes · 25-03-2016 9:47pm

For me, it's a €25 a month on the Prize Bonds.

I've won loads of little prizes and can cash the outlay in if I want.

Win, win. Not like the fekin Lotto.

But I do have a Lotto flutter now and then when the prize is big, just for the thrill of seeing if I won or not.

Never have though.....yet!

Spanish Eyes · 25-03-2016 9:49pm

Andy From Sligo wrote: »

its the ones that remain anonymous that you got to wonder about - could be a few of them around and you wouldnt know it

Heard on the Gangland forum that the gangsters find out who won, and buy the ticket from the winners with a huge bonus to launder their ill gotten gains.

Yes, probably an urban/rural myth!

RayCon · 26-03-2016 12:21am

https://www.youtube.com/watch?v=cwUVCo-Y3Mo

Andy From Sligo · 26-03-2016 1:38am

Keplar240B wrote: »

That dailymillions is a colossal fraud ,

why?

Keplar240B · 01-05-2016 5:47pm

Andy From Sligo wrote: »

why?

no live draw.

Ally Dick · 01-05-2016 5:51pm

There's more chance of Elvis riding Shergar down O'Connell Street singing 'Dixieland' and playing a banjo than there is of winning the lotto

Discodog · 01-05-2016 5:54pm

keeponhurling wrote: »

You get much better odds in the bookies, for all except the jackpot

I remember hearing an expert who said that if you put your lotto money on the least fancied horses in an accumulator, you would still have a much greater chance of winning than on the lotto.

Capt'n Midnight · 01-05-2016 6:28pm

Ally Dick wrote: »

There's more chance of Elvis riding Shergar down O'Connell Street signing 'Dixieland' and playing a banjo than there is of winning the lotto

I think there is a misunderstanding of statistics.

At the time Elvis Presley died in 1977, he had 150 impersonators in the US. Now, according to calculations I spotted in a Sunday newspaper colour supplement recently, there are 85,000. Intriguingly, that means one in every 3,400 Americans is an Elvis impersonator. More disturbingly, if Elvis impersonators continue multiplying at the same rate, they will account for a third of the world’s population by 2019.

boobar · 01-05-2016 6:30pm

darkpagandeath wrote: »

More chance of being mauled by a great white shark.

You won't get that with a quick pick.

wush06 · 01-05-2016 6:41pm

Been doing €60 a week for the last 15 years a syndicate of 6 of us. The biggest win was about 300 punt may moons ago.

Andy From Sligo · 01-05-2016 11:49pm

Ally Dick wrote: »

There's more chance of Elvis riding Shergar down O'Connell Street signing 'Dixieland' and playing a banjo than there is of winning the lotto

I can imagine all the ones that have won it having a different view of that now - if your not in it you cant win it!

Richard Hillman · 01-05-2016 11:58pm

wush06 wrote: »

Been doing €60 a week for the last 15 years a syndicate of 6 of us. The biggest win was about 300 punt may moons ago.

That is over 150k. You could have gotten yourselves a female horse and have it covered with greatest horse of all time.

02-05-2016 12:51am

I play the Irish lotto but not the Euromillions.

At least with the Irish lotto you know that some of the money you are spending is at least going to some good cause and you also have a chance at winning money, win/win.

is it too expensive to play Lotto ?

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