Set for Life
Video of How to Play Set for Life
Set for life is an Australian lotto draw with a difference. Rather than focusing on the jackpot amount and looking for a one time instant boost to your bank balance, Set for Life offers a different approach to winning the lottery. You may have guessed by the name Set for Life offers its winners monthly payments for the next 20 years. The standard amount of the monthly installments is $20,000 AUD. This is the amount that a winner will receive, assuming that there are less than 4 winners in a given draw. If there are more than 4 Set for Life winners then the total sum (of the monthly installments over a 20-year period) is divided equally amongst the number of winners and then given in the same monthly installments. This means that if you jackpotted on the Set for Life with four additional people, you can expect to receive around $16,000 AUD a month for 20 years. The total is simply shared between the number of winners.
Set for Life Results
The Set for Life Results are uploaded here shortly after the live drawing has taken place. Set for Life is a daily lottery draw meaning that you can play and win this lottery on every single day! It’s a fun draw, much like the Cash for Life lotto draw in Canada and has proved extremely popular since its first drawing in 2015.
Set for Life Lotto History
Since 2015, It has been an ever present on the Australian domestic lottery scene. Aimed initially as a lotto draw that would appeal to a younger clientele, Set for Life has evolved in the two short years it has been around into an all-encompassing lotto that is played by people of all ages.
Set for Life Lotto Online
Like all Australian lotteries, Set for Life can be played online via online lottery ticket provider. Set for Life has proved itself as a popular online lottery, we think due to its easy structure, entertaining draws and is really seen as a fresh new kind of lottery.
Set for Life Lotto Results & Jackpots
Everyone has read multiple stories of lotto winners that got their money and blew it all – Not with Set for Life, $20,000 AUD a month for 20 years means that you can’t blow all your money even if you wanted to. Financial experts will tell you that money now is worth more than money tomorrow, and while this is true, the judgement doesn’t take into account the actions of the individual and how one might act if they really have access to such ungodly sums of money. In a modern world where everyone is trying to be green and responsible, Set for Life offers a payment structure that fits in with the zeitgeist of the millennial player.
Set for Life Lotto – Synopsis
Set for Life is a lottery game that is fun, exciting, frequent and popular. We predict more games with follow the Set for Life blueprint and begin opening their games up to small(er!) payment installments. The other side of the coin is that this payment method is preferable to those that organize and run the lottery. Instead of giving away 100% of the money on day one, Set for Life allows the organisation to hold onto the money and slowly release it to the winner – as any business owner will tell you, it is always preferable to hold on to the money rather than distribute it all in one go.
These two factors, both player side and company side, should provide the incentives to mean that Set for Life continues for many years to come. Be on the lookout for other lotteries offering their own Set for Life style lotto draw, it’s a win-win for all.