Australia Set for Life Review
Overview
- Draw days: Daily
- Numbers to pick: 7 out of 44
- Win odds: 1 in 80
- Jackpot odds: 1 in 38,320,568
- Jackpot: AU$20,000 every month for 20 years
- Biggest Jackpot: No rollover
Here’s what you need to know about Australia’s Set for Life. This review includes answers to frequently asked questions. It also includes valuable information about the lottery you should know before you buy your next ticket.
Navigate quickly: Introduction | Draw Date and Time | Ticket Price | Rules | Jackpot | Winning Odds | Summary
What is Set for Life?
Set for Life is an Australian daily lottery draw. The Lott – a lottery near monopoly in Australia – is operating this lottery.
When is Set for Life draw?
This lottery draws daily at 9:00 pm Australian Eastern Standard Time (AEST).
How much does a Set for Life ticket cost?
The minimum entry is for two games or sets each day over seven draws. This entry costs AU$9.30, which is about US$7.20. This translates to AU$0.66 per game, which is about US$0.5.
How do you play Set for Life?
Choose 7 numbers from 1 to 44.
How much is Set for Life jackpot?
The top tier prize – jackpot – is AU$20,000 a month for 20 years. AU$20,000 are about US$15,483. Adding all expected payment over 20 years total at AU$4,800,000, which is about US$3,716,000.
This draws jackpot doesn’t roll over if there are no winners. It means that the set jackpot is the maximum possible prize.
What are the Chances of Winning Set for Life?
Set for Life’s odds for winning the jackpot are 1 in 38,320,568.
| Prize Tier | Picks to Match | Winning Odds | Winning Odds % |
|---|---|---|---|
| 1 | Match 7 | 38,320,568 | 0.000311 |
| 2 | Match 6 + 1 Bonus | 1:2,737,184 | 0.0000365 |
| 3 | Match 6 | 1:156,411 | 0.000639 |
| 4 | Match 5 + 1 Bonus | 1:25,702 | 0.00389 |
| 5 | Match 5 | 1:3,067 | 0.0326 |
| 6 | Match 4 + 1 Bonus | 1:894 | 0.111 |
| 7 | Match 4 | 1:167 | 0.598 |
| 8 | Match 3 + 1 Bonus | 1:80 | 1.250 |
Summary
There’s something really interesting about winning a jackpot of a monthly paid lottery. It’s still life changing but not to a go-all-out extent. The concept of playing two picks for a week’s draws is also unique. Let me know if you’ve ever played this game, and see the list of top lottery agents in Australia.