Lotto: Far fewer South Africans are tata-ing ma chance these days

2011-09-02 00:00

CAPE TOWN — Although the Lotto has made 1 044 instant millionaires since March 2000, ticket sales show that punters are increasingly turning their back on Lady Luck.

The research is contained in the Lottery Board’s latest annual report which was submitted to parliament yesterday. The 2010-’11 financial year saw tickets worth R4,4 billion sold and 66 instant millionaires made. In total, winners received R1,6 billion, but despite this, research by the National Lotto Board show the Lotto’s popularity is waning. Seven in ten adults played the Lotto in 2003 — by March last year this figure has plummeted to four in ten.

The report lists the average Lotto player as between 18 and 50 years old, with a permanent job and a salary of less than R5 000. The majority of the tata ma chancers (70%) who play Lotto, lose more than they win.

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