Camelot mulls £10k-a-month-for life lottery prize to attract young

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UK National Lottery operator considers shift in focus to entice younger generation wanting to get on to housing ladder

The National Lottery operator Camelot is considering introducing a prize of up to £10,000 a month for life in the hope of enticing a younger generation of players seeking financial security so they can afford to buy a home.

As it revealed an overall drop in ticket sales, Camelot said it could shift its focus away from big jackpots towards an “annuity-style game”, in which the prize would continue to pay out until death.

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view The Guardian: World News
#family finances
#inequality
#national lottery
#generational inequality