Lexi Webster
Set for Life is Australia's only national annuity lottery, where players can win $20,000 a month for 20 years. Since its launch in 2015, the game has created over 158 winners across Australia, who are planning for a massive total of $710,400,000 in prize money. The odds of winning Division 1 are 1 in 62,891,499, and while millions of people play each week, not everyone has the chance to win life-changing prizes. Some winners have shared their stories online, including a Queensland man who shared his simple strategy of writing them all down and putting them in a hat, and a Carlingford woman who chose to remain anonymous and said she would pay off bills and go on a holiday with her winnings.
| Characteristics | Values |
|---|---|
| Number of winners | 158 and counting |
| Division 1 prize money | $20,000 a month for 20 years |
| Total prize money | $4.8 million |
| Division 2 prize money | $5,000 a month for a year |
| Number of Division 2 winners | 1,226 |
| Winning numbers chosen method | Writing numbers on pieces of paper, putting them in a hat, and drawing them out |
| States where Set for Life is available | New South Wales, Victoria, Tasmania, and South Australia |
| States with the most first prize winning tickets | New South Wales (4) and Victoria (3) |
Explore related products
What You'll Learn
Winners' stories
Since its launch in August 2015, Set for Life has created over 158 winners across Australia, with a total prize money of $710,400,000. The winners take home a Division 1 prize of $20,000 a month for 20 years, while Division 2 winners receive $5,000 a month for a year.
A Cranbourne East 'battler' wins $4.8 million
A lucky resident from Cranbourne East, a suburb in Melbourne, Australia, won a life-changing $4.8 million Set for Life prize. The winner, who described themselves as a "battler", was ecstatic about their newfound financial freedom.
Young Waratah brothers win $4.8 million
Two young brothers from Waratah, a suburb of Newcastle, Australia, won a substantial $4.8 million in the Set for Life lottery. They plan to use their winnings to travel the world and explore new places.
Adelaide man quits his job after a $4.8 million win
A man from Adelaide, South Australia, won the Set for Life division one prize of $4.8 million. He was oblivious to his newfound wealth until an official from The Lott notified him of his win. The man shared his humorous reaction, stating that he initially thought of the winner as a "lucky bastard" before realizing he was the fortunate one. He plans to retire from his job and spend more time pursuing his passion for fishing.
Canberra Defence Force worker wins $4.8 million
A Canberra Defence Force worker in his 20s won a substantial $4.8 million in the Set for Life lottery. The winner, who wished to remain anonymous, shared his plans to take a break from his current work and explore new opportunities.
Carlingford woman wins $20,000 a month for 20 years
A woman from Carlingford, New South Wales, won the Set For Life draw 1491, taking home $20,000 per month for the next 20 years. This was her third Set For Life prize win in just four weeks. She chose to remain anonymous but shared her plans to pay off bills, go on a holiday to America, and share some of her winnings with her family.
Who's on Australian Money Now?
You may want to see also
Explore related products
Division 1 winners
Set for Life is a lottery game in Australia that offers a unique prize structure, paying out monthly instalments over 20 years. As of 2021, there have been a total of 90 winners of the Division 1 prize, with 20 new winners that year alone. The game has created 158 winners across Australia, each receiving $20,000 per month for 20 years, totalling $4.8 million.
The Division 1 prize has had a significant impact on the lives of its winners. One winner, Annie, shared her experience three years after her win, expressing gratitude for the monthly instalments, which allowed her to carefully consider how to spend and invest the money. She highlighted the freedom to work for the love of it and take extended holidays, showcasing how the prize transformed her life.
Another winner, a McLaren Vale man from South Australia, also won the Division 1 prize of $4.8 million. He shared his excitement and plans to retire from his job, spend more time fishing, and pay off his mortgage. This win marked the second Division 1 win in South Australia within two days.
The game's popularity is evident, with Sunday being the most common day for Division 1 wins, and October seeing the highest number of winning entries in 2021. New South Wales led the way with six Division 1 winners, followed by Queensland with four, and Victoria with three.
The Set for Life lottery has brought life-changing opportunities to its Division 1 winners, providing financial security and the chance to pursue dreams and passions. With its unique payout structure, winners can celebrate $20K days and plan for a secure future.
Australia's Banned Weapons: A Comprehensive Overview
You may want to see also
Explore related products
Division 2 winners
Set for Life is a daily game in Australia that offers a unique Division 2 prize. Division 2 winners receive $5,000 a month for a year. That's a total of $60,000! The Division 2 prize is paid out over a period of time, with winners receiving monthly instalments. The prize is guaranteed for up to four winners per draw. If there are more than four winners, the total Division 2 prize pool of $240,000 is evenly shared via monthly instalments over 12 months. For example, if there are five winners, each will receive $4,000 a month for a year.
Since the game's launch in August 2015, 1,226 lucky Australians have won the Division 2 prize. That's a lot of people enjoying a financial boost! The game is available in New South Wales, Victoria, Tasmania, and South Australia, and is expected to expand to other states soon.
To play Set for Life, participants select seven numbers from 1 to 44. Each ticket gives players an entry into seven consecutive daily draws, and players can start their ticket on any day of the week. The odds of winning Division 2 are not specified, but overall odds refer to the chance of winning any of the prize divisions in a game. So, while winning Division 2 may be challenging, it's certainly not impossible, as the many past winners have proven!
Some Division 2 winners have shared their stories online. One woman from Sandgate, for instance, retired from work immediately after winning. Another winner, a man from McLaren Vale, quit his dreaded job. A Canberra Defence Force worker in his 20s used his winnings to travel. These stories showcase the positive impact that a Division 2 win can have on people's lives, providing them with financial freedom and opportunities to pursue their dreams.
Australia's Government: Centralized or Not?
You may want to see also
Explore related products
Where to play
Set for Life is a lottery game in Australia that offers a chance to win a significant prize—$20,000 a month for 20 years. The game was launched in August 2015, and since then, it has created over 158 winners across Australia, with a total prize money of $710,400,000.
You can play Set for Life online or by visiting news agencies or convenience stores across Australia. The game is currently available in New South Wales, Victoria, Tasmania, and South Australia. Western Australia has also had two first-prize winners, and the game is available to play there, too.
To play, you need to select seven numbers from 1 to 44. You can choose your own numbers or play QuickPick, where the numbers are automatically generated. There are eight ways to win, and you can win by matching as few as three main numbers plus at least one supplementary number. The draw takes place every night at 9 pm (AEST), and the winners receive their monthly $20,000 on the 15th of every month.
The minimum play in most states is two sets of seven numbers, which are entered into seven consecutive draws, giving players 14 chances to win at a cost of $9.45. In Western Australia, however, you can play one set of numbers for $4.55, which will be entered into seven consecutive draws.
Developing Regional Australia: Current Initiatives and Future Plans
You may want to see also
Explore related products
Prize distribution
Set for Life is Australia's only national annuity lottery. Draws take place at around 9:00 pm AEST every day of the week. To win Division 1, you need to have 8 winning numbers in any order. Division 1 winners can win a maximum of $20,000 a month for 20 years, with up to 4 winners in every draw. If there are more than 4 winners, the total Division 1 prize pool of $19,200,000 is shared via monthly instalments over 20 years.
Division 2 is a maximum of $5,000 a month for 12 months, also with up to 4 winners in every draw. If there are more than 4 winners, the total Division 2 prize pool of $240,000 is shared via monthly instalments over 12 months.
There are 7 smaller division prizes that can be won, with 8 ways to win in total. This includes matching as few as 3 main numbers and at least 1 supplementary number. Two supplementary numbers are drawn from the same barrel after the 7 main numbers are selected to provide more prize divisions.
The minimum play in most states is two sets of seven numbers, which are entered into 7 consecutive draws, providing 14 chances to win at a cost of $9.45. In Western Australia, the minimum play is one set of numbers, which are entered into 7 consecutive draws at a cost of $4.55.
Since its launch in August 2015, Set for Life has created 158 winners across Australia, with a total of $710,400,000 in prize money.
Time Difference Between Perth and the World
You may want to see also
Frequently asked questions
Yes, since its launch in August 2015, Set for Life has created 158 winners across Australia.
Winners of Set for Life Australia take home the Division 1 prize of $20,000 a month for 20 years. That's a total of $4.8 million over 20 years.
Even for Oz Lotto, the odds of winning Division 1 are 1 in 62,891,499. While millions of people play each week, most will never win a life-changing prize.
