postcode lottery how does it work

The Postcode Lottery is a unique subscription-based lottery where players sign up with their home postcode and pay a monthly fee (around £12 to £12.25) to enter draws. Instead of individual ticket numbers, the winning entries are based on postcodes; if a postcode is drawn, all players holding tickets with that postcode win prizes. There are daily, weekly, and monthly draws with varying cash prizes, including daily £1,000 prizes, weekly million-pound street prizes, and large monthly prize pools shared among winning postcode sectors. The draws are random and independently verified. A portion of the proceeds supports charitable causes, and multiple people in the same postcode can win simultaneously. This system means neighbors can share winnings, making it a community-centric lottery rather than purely individual-based chance. The lottery is regulated by the Gambling Commission, ensuring fairness and transparency.