Bay of Plenty Times
  • Bay of Plenty Times home
  • Latest news
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Sport
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
  • Sport

Locations

  • Coromandel & Hauraki
  • Katikati
  • Tauranga
  • Mount Maunganui
  • Pāpāmoa
  • Te Puke
  • Whakatāne
  • Rotorua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Thames
  • Tauranga
  • Whakatāne
  • Rotorua

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Premium
Home / Bay of Plenty Times

Luke Kirkness: It's time to change how we reward Lotto winners

Luke Kirkness
By Luke Kirkness
Sport Planning Editor·Bay of Plenty Times·
13 Jun, 2022 10:00 PM3 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article

    Reminder, this is a Premium article and requires a subscription to read.

It's time to change how we reward Lotto winners in New Zealand. Photo / File

It's time to change how we reward Lotto winners in New Zealand. Photo / File

OPINION:

The clever people at Lotto NZ were on to something when they came up with the catchphrase: What would you do?

It gets people thinking, no matter how grim the odds might be, about how they'd spend their newfound fortune.

I'd get myself on the property ladder, look to improve my set of wheels and dish out some funds to family before looking to invest the rest.

But it all comes down to whether you're in to win and as of the 2019/20 Lotto NZ annual report there were 1.2 million registered players.

Advertisement
Advertise with NZME.

I'm a casual player and will only fork out if the jackpot is massive.

Over the weekend, Lotto's first division was split between a Bay of Plenty and an Auckland player who won $500,000 each.

It's time to change how we reward Lotto winners in New Zealand. Photo / File
It's time to change how we reward Lotto winners in New Zealand. Photo / File

Too small a jackpot for me to play.

Advertisement
Advertise with NZME.

The odds of winning are incredibly small.

Safer Gambling Aotearoa says the chances of winning first division with a $7 ticket is just 1 in 383,838 - to put that in perspective there are only 4548 stars visible to the naked eye in the Southern Hemisphere.

It's even rarer for someone to win Powerball, with the odds at an overwhelming 1 in 3,838,380 for a $15 power dip ticket.

Lotto is a topic I've covered extensively, especially in the lead-up to Lotto NZ's 2000th draw in October 2020.

It was an amazing year for Lotto, with two players splitting a $50 million Powerball jackpot in March and the crowning of 21 winners in 21 weeks - 16 of whom became overnight millionaires.

Lotto NZ also donates 100 per cent of any profit it makes to charities.

That's an amazing community contribution but playing Lotto is gambling so it should be taken seriously. People who can't afford tickets and problem gamblers should not play Lotto.

It comes as tough economic times loom on the horizon, with concerns around rising interest rates and as the cost of living continues to increase.

Advertisement
Advertise with NZME.

I believe there is an opportunity to change the lives of more people every time a jackpot is won.

Currently, if 10 people shared the same numbers they would split the jackpot but what if the system was restructured so lower winnings were shared between more people.

Instead of one person winning $1 million, how about 10 people winning $100,000 each? Or 20 people winning $50,000?

Given the current socio-economic climate with a possible recession looming, it makes sense to change how we reward Lotto winners in New Zealand.

There should be more, smaller prizes, not fewer bigger ones.

Save
    Share this article

    Reminder, this is a Premium article and requires a subscription to read.

Latest from Bay of Plenty Times

Live
Bay of Plenty Times

Next pulse of rain approaching Akl, severe thunderstorm watch remains in force

Premium
Bay of Plenty Times

Sunair still grounded but says progress being made

Bay of Plenty Times

Thunderstorm watch issued, residents urged to leave some flood-prone areas


Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

Advertisement
Advertise with NZME.

Latest from Bay of Plenty Times

Next pulse of rain approaching Akl, severe thunderstorm watch remains in force
Live
Bay of Plenty Times

Next pulse of rain approaching Akl, severe thunderstorm watch remains in force

Driving conditions will be hazardous with surface flooding and poor visibility.

29 Jul 08:04 AM
Premium
Premium
Sunair still grounded but says progress being made
Bay of Plenty Times

Sunair still grounded but says progress being made

29 Jul 04:00 AM
Thunderstorm watch issued, residents urged to leave some flood-prone areas
Bay of Plenty Times

Thunderstorm watch issued, residents urged to leave some flood-prone areas

29 Jul 02:01 AM


Solar bat monitors uncover secrets of Auckland’s night sky
Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

06 Jul 09:47 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Bay of Plenty Times e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Bay of Plenty Times
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Bay of Plenty Times
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP