Is People’s Postcode Lottery Legit?
People’s Postcode Lottery is a legitimate online lottery platform that was founded in 2005 as part of a small pilot project, and is licensed by the UK Gambling Commission, adding to the competition’s validity.
What is the Postcode Lottery?
The People’s Postcode Lottery is an online subscription lottery where players can win money as well as physical prizes. The lottery also raises money for charities, with 33% of their proceeds going towards a good cause.
The lottery offers a range of cash prizes from a weekly £1,000 prize to a minimum of £3.2m every month. There are also electronic prizes where players can win a PS5, Dyson Cordless, iPad and more.
The People’s Postcode lottery is similar to online competitions, such as BOTB, Omaze, Rev Comps, 7 Days Performance, Bounty Competition, and more.
How Does the Postcode Lottery Work?
The People’s Postcode Lottery is easy to understand. Players sign up with their postcode for £12 a month and are automatically entered into every daily, weekly, and monthly prizes. It’s basically a subscription!
How Does the Postcode Lottery Pick The Winner?
Every player will have a ticket with their postcode and a unique number. Only playing postcodes are entered into the draw, and if your postcode gets drawn, you win a prize! The prize amount will depend on which competition prize the ticket is playing for. The draw is done at random.
People’s Postcode Lottery Prizes Breakdown
Here's a breakdown of how the People's Postcode Lottery prizes work across a daily, weekly and monthly basis.
Daily Prizes
Every day from Monday to Friday, £1000 is awarded to individual players.
Weekly Prizes
For the Saturday £1 million draw, a ticket is drawn to determine the winning postcode sector. The prize is then shared among those playing within the winning postcode sector.
For the Sunday £30,000 prize draw, each for player in a winning postcode sector wins the prize.
Monthly Prizes
With the Millions Shared Prize, when the winning ticket is drawn, half the prize money will be shared by the winning postcode, and the other half with the postcode sector.
For example, if the winning postcode is EH2 4ET, then half the money will be shared equally by tickets playing within this postcode. The other half will be in the postcode sector, which are tickets that have the postcode EH2 4[xx].
Postcode Lottery FAQs
What Are The Odds of Winning Postcode Lottery?
Unfortunately, there are no official stats for the Postcode Lottery odds, as it depends on the number of postcodes and tickets entered into the draw. However, Postcode Lottery has stated that 24.77% of playing postcodes won a prize from August, and in 2023, 84% of the players won prizes from the Postcode Lottery.
How Much Is Postcode Lottery?
The postcode lottery has a standard subscription that costs £12 a month. It shouldn’t cost you any more or less than this.
Is People’s Postcode Lottery Regulated?
Yes! The postcode lottery is licensed and regulated by the Gambling Commission and are governed as a lottery service.
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