Set For Life is a draw-based game in the UK that pays out regular instalments over time rather than a one-off prize.
If you're curious about how often this happens, you're not alone. Many people want to know how often Set For Life is won, how the prize system works, and what happens when someone wins.
In this article, you’ll find out who has won Set For Life, as well as how the prize structure works. Read on to learn more.
What Is Set For Life?
Set For Life is one of the UK’s National Lottery games that offers regular monthly payments instead of a single payout.
To play, you select five main numbers from 1 to 47 and one Life Ball between 1 and 10. Draws are held twice weekly on Mondays and Thursdays.
The top prize is £10,000 a month for 30 years. There are smaller prizes for matching fewer numbers.
Each line costs £1.50. You can choose your own numbers or opt for a Lucky Dip. You must be 18 or over and physically located in the UK or Isle of Man to take part.
Set For Life Prize Structure Explained
Set For Life works differently to other lottery games. The main prize provides monthly payments over 30 years instead of a single lump sum.
Matching all five main numbers and the Life Ball results in £10,000 per month for 30 years. Matching five main numbers without the Life Ball gives £10,000 per month for one year.
Other prizes include £250 for matching four numbers plus the Life Ball. Smaller cash amounts are awarded for lower combinations.
The chance of winning any prize is approximately 1 in 12.4. All prizes from National Lottery games, including Set For Life, are tax-free under current UK law.
Prize values and odds may be subject to change. Always remember to gamble responsibly and within your means- never wager more than you can afford to lose.
How Many Players Have Won Set For Life?
Since launching in March 2019, around 61 players have matched all five numbers and the Life Ball to win the top prize. Each of these winners is set to receive £10,000 a month for up to 30 years.
There have also been several hundred second-tier winners, receiving £10,000 per month for one year. Draws are held twice each week, so these totals can increase over time.
Winner information is updated by the National Lottery and may include anonymous winners. Players can view recent results and announcements on their official channels.
Every entry has the same chance, regardless of location within the UK or Isle of Man.
What Are The Odds Of Winning Set For Life?
The odds of winning the top prize in Set For Life, where you match five main numbers and the Life Ball, are approximately one in 15.3 million. This jackpot prize involves receiving £10,000 every month for 30 years.
If you match only the five main numbers and not the Life Ball, the odds improve to around one in 1.7 million. This wins you £10,000 each month for a year.
Set For Life also includes other prize tiers for matching fewer numbers, each with different odds and payout values. The chance of winning any prize is about one in 12.4.
How Do These Odds Compare To Other UK Lotteries?
In comparison to other lotteries like the UK National Lottery's Lotto, where the odds of winning the jackpot are around one in 45 million, Set For Life offers more favourable odds. EuroMillions, another popular option, has jackpot odds of roughly one in 139 million.
Though the jackpots in these lotteries can be larger, Set For Life provides a more consistent prize structure with its monthly payouts and lower odds of winning.
For context, the odds offered by Set For Life can appeal to players who prefer the idea of regular payments rather than a one-time win, but each game has its own unique features to consider.
Can You Win Set For Life More Than Once?
Each line entered in a draw is a separate entry. This means it is possible to win more than once, either by holding multiple winning lines in one draw or across different draws.
If you are in a syndicate, any winnings are typically shared based on your agreement with the group. The official National Lottery terms explain how payments are arranged in these situations.
Can Winners Take A Lump Sum Payout?
Set For Life's main prizes are structured as monthly payments. There is no option to take a one-off payment instead.
If you win a lower-tier prize, the amount is usually paid as a single sum. Prize payments are made according to the method used to buy the ticket and in line with National Lottery terms.
In the case of a top-tier or second-tier win, a validation meeting is held. Payments are arranged through an annuity set up by a third-party broker. If a winner dies during the payment term, the remaining value is passed to their estate as a lump sum.
Is Set For Life Worth Playing?
Whether Set For Life suits you depends on your view of regular monthly payments compared to a single payout.
Each line costs £1.50. The top prize is £10,000 per month for 30 years. The odds of winning that prize are long, though shorter than some other UK lottery jackpots.
Set For Life takes a different approach to prize distribution. If you’re considering entering, it could be worth being aware of the format and checking the most current rules.
**The information provided in this blog is intended for educational purposes and should not be construed as betting advice or a guarantee of success. Always gamble responsibly.
*All values (Bet Levels, Maximum Wins etc.) mentioned in relation to these games are subject to change at any time. Game features mentioned may not be available in some jurisdictions.