About Set for Life
Set For Life is currently Australia's newest lottery. Its inaugural draw was held on Friday 7 August 2015. The game was originally announced in February 2015.
Set For Life differs significantly from other Australian lotteries, in that the top prize is not paid out in one lump sum, but rather as a fixed sum of $20,000 AUD per month over the course of 20 years. Other prize divisions are paid in full, however. There are eight prize tiers in total and draws are held every single day at 9pm AEST.
Tatts Chief Executive Robbie Cook told the Sydney Morning Herald at the time that "it's everyday dreaming. It's not somebody looking to stop working and hang up their shoes." He also told the publication that the game was specifically aimed at, and designed for, a younger audience, primarily those aged between 20 and 40.
How to Play
To play you pick a "Set" of eight numbers from a range of one to 37. This set will then be entered into the next seven days draws and you must play a minimum of two sets to participate.
Two bonus numbers are drawn after the main eight numbers, giving ten numbers drawn in total. These numbers are used to determine other prizes.
To win the jackpot, and get $20,000 AUD paid out each month for life, you must match all eight regular numbers.
How to Win
The chance of winning a Division 1 prize in Set for Life is 1 in 38,608,020 based on 1 Set and 1 in 19,304,010 based on 2 Sets.(*Minimum play for Set for Life is 2 SETS.)
In order to win the Division 1 prize, you must match all 8 main numbers in a single game.
Set for Life Odds
||1 in 38,608,020
|7 Mains + 1 Bonus
||1 in 2,413,001
||1 in 178,741
|6 Mains + 1 or 2 Bonus
||1 in 25,070
||1 in 3,928
|5 Mains + 1 or 2 Bonus
||1 in 946
||1 in 236
|4 Mains + 1 or 2 Bonus
||1 in 89