Big Changes Coming to Set for Life in March
Last Updated: Tuesday 14 January 2020, 10:06 am
A number of changes are set to be introduced to Set for Life in March which will ‘add an exciting new dimension’ to the game, according to lottery officials. The new rules will see an annuity prize brought in to Division 2, while there are set to be more winners in every draw. Here’s a summary of what will change:
- You will pick seven numbers from 44 instead of eight from 37
- Division 2 prize will be $5,000 a month for a year
- Only have to match three numbers plus 1 supplementary number to win
- Better odds of winning
The changes will take effect from draw number 1691 on Monday 23 March, subject to regulatory approval. It will be the first major update to Set for Life since the game was launched in August 2015.
To play Set for Life currently, you have to select eight numbers from 1 to 37. Under the proposed changes, you will be required to choose seven numbers from 1 to 44. Two supplementary balls will continue to be drawn after the main numbers.
Matt Hart, spokesperson for lottery operator The Lott, said: “By tweaking the game matrix, the chances of winning any prize has increased from 1-in-59 to 1-in-50, while the chances of winning division one has also improved.”
With better odds of winning, both overall and Division 1, there are set to be more winners in every draw than is currently the case. The new odds of winning the jackpot will be 1 in 38,320,568, rather than 1 in 38,608,020.
Division 2 Annuity Prize
Hart also revealed that a major reason for the changes was that customer research showed how much players enjoyed the annuity aspect of Set for Life’s top prize, with winners paid out $20,000 a month for 20 years.
This annuity concept will now been expanded to Division 2. If you win in this category, you will receive a fixed prize of $5,000 every month for a year, adding up to a total payout of $60,000. This is guaranteed for up to four winners in every draw.
Currently, the prize for Division 2 is a one-off payment that is a percentage of the prize fund, so it varies from draw to draw, but is estimated to be around $7,670 on average.
There will continue to be eight winning combinations under the new rules but the prize divisions will be adjusted due to the new game matrix. Under the current setup, you have to match four main numbers plus at least one supplementary ball to win the minimum prize. From 23 March, you will only have to match three main numbers plus one supplementary number.
The cost per entry is set to go up by $0.05 to pay for the bigger prizes and increased number of winners, although for now multi-week and advance entries that include draws on or after 23 March will not be available.
Set for Life has created more than 50 Division 1 winners since it started in 2015, including 11 in 2019. It is played every day of the year and you can find the latest Set for Life Results after every draw, ahead of the big changes on 23 March.