Set For Life is a reckoning game which offers the participants to win £ 10,000 a month for a period of 30 years. The lottery was launched on March 15, 2019 and is played on Mondays and Thursdays. There are eight distinct ways to win in each draw. It was introduced as the National Lottery wanted to formulate a new kind of a game which would provide a guaranteed income instead of a one-off prize. The winning numbers for February 17, 2020 are finally out for the participants to check. The winning numbers are 1, 12, 34, 37, 41 and 8.
Set For Life is known as an annuity lottery as it gives winners of the top prize, a whopping total of £3.6 million over the span of the last three decades. The participants need not worry about the entire process for playing the lottery. It follows an efficient and feasible system. For playing Set For Life, the participants have to select five main numbers from 1 to 47. This also includes one Life Ball which is taken from a separate set between numbers 1 and 10. The participants are free to either chose their own numbers or opt for a Lucky Dip.
The participants of the lottery can buy their tickets from the authorized retailers. They also have the option to play online for which they have to enter or register four-week advance from the day, the lottery is conducted. The participants must remember to get their entries in before the ticket sales close from the night of the draw. The ticket costs £1.50 per line.
The participants can win prizes if the numbers they select, tend to match the winning numbers which are drawn. The prizes begin at £5 for matching the two main numbers and then increase in value if more such numbers match. Set For Life, unlike the other lotteries, offers the top two prizes come as regular payments over a fixed period of time instead of one-off lump sums.