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Odds of Winning the Set For Life Lottery
 
 

 
The first ever Set For Life draw took place on Monday 19th March 2019. The draw is at 8pm every Monday and Thursday.

How to Play
You have to pick five main numbers from 1 to 47, and one number called the ‘Life Ball’ number from 1 to 10. Each line played costs £1.50.

How much is paid out
This will vary from week to week as it depends on how many people have winning combinations. Camelot have designed Set For Life to payout about 54% of the ticket sales in prizes which is in line with most lotteries.

Does the Jackpot rollover
In fixed prize lotteries the jackpot does not rollover and that is the case here, the Set For Life jackpot will not rollover.

Are Set For Life prizes tax free
If you are a UK tax payer then under the current tax rules all the prizes are tax free. If you win the Set For Life top prize you have to complete an Annuity Application and if you are not resident in the United Kingdom or the Isle of Man you will not be entitled to a policy. Camelot’s decision will be final in any case where residency is an issue.

What happens if the Set For Life jackpot winner dies
If a winner dies once the annuity policy paying out the monthly payments has started, the winner’s estate will receive a lump sum payment equal to the cost of the policy paid by Camelot. In most cases this will be more than the total amount of monthly payouts that the winner would have received.

Here are the odds of winning the Set For Life prizes and their expected payouts:
 
Main
Numbers
Life
Ball
Odds Prize
5 1  1 in 15,339,391 £10,000 every month for 30 years
5 0  1 in 1,533,940 £10,000 every month for 1 year
4 1  1 in 73,046 £250
4 0  1 in 7,305 £50
3 1  1 in 1,783 £30
3 0  1 in 179 £20
2 1  1 in 135 £10
2 0  1 in 14 £5
Any Prize    1 in 13.4  
 
Set For Life Lottery Prize capping
Prize capping takes place when popular number combinations come up and the result there are more Set For Life prize winners than Camelot are prepared to pay out.

Set For Life Match 5 + Life Ball (the top Prize) Prize Capping
The amount of money available to pay winning Set For Life Entries in the Match 5 + Life Ball Prize category is limited to £16 million. In the event that £16 million is not enough to pay all winners of the Set For Life top prize then £16 million will be divided between all winners. Winners will get the option of taking a one-off lump sum cash payment or request an annuity using the Capped Prize Amount .

Set For Life Match 5 Prize Capping
The amount of money available to pay winning Set For Life Entries in the Match 5 prize category is limited to £2 million. In the event that £2 million is not enough to pay all winners of the Set For Life second prize then £2 million will be divided between all winners. Each winning Set For Life Entry in the Match 5 Prize category will receive the Second Prize capped amount in equal monthly payments over a period of one year.
 
Set For Life Lottery Ticket
 
 
 
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