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Credit Crunch Increases Lottery Sales

Posted in Money & Debt News by OneAdvice on the October 29th, 2008

Penny-pinching Brits are turning to the lottery to make their fortune in the time of the credit crunch, as figures reveal a £181million increase in National Lottery ticket sales during the past 6 months alone.

In a bid to avoid debt, 70% of British adults now play the lottery on a regular basis, spending an average of £3 a week on scratch card and lottery tickets, even though there is statistically only a 1 in 14 million chance of becoming a winner.

Even though the chances of winning the lottery are slim, players can be pleased to know that over £350 million has been raised towards the Olympic Lottery Distribution Fund. Camelot Group chief executive Dianne Thompson commented that: “The National Lottery has now created more than 2,200 millionaires and has raised over £22bn for the good causes.”

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