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Seller found for UK Lotto

Last Updated: Friday 26th March 2010, 11:52

For months now there has been speculation from media groups in the UK about who exactly might buy the UK Lotto. In news released last night, the UK Lotto has been sold to Ontario Teachers’ Pension Fund one of the original frontrunners in the bidding. The £389 million sale price is way over the estimated £300 million the lottery was expected to go for.

Richard Branson and the French Lottery organisers Francaise de Jeux had both shown interest in the company but in the end it was Canada who hit the jackpot, adding our UK Lotto to a huge portfolio of companies the pension fund already owns.

For now, this shouldn’t mean much to lottery players, especially as the sale is yet to be approved by the National Lottery Commission. What changes it might mean once the company get their teeth into running the lottery? Well who knows? That will be yet to be seen but as the sale has been rumbling on for so long it’s great to know that our national treasure finally has a new owners.

For now, everything continues as normal and that means we have two draws to look forward to this weekend. Today is Friday and that means it’s your last chance to buy tickets for the £40 million Euromillions rollover draw.

Plus then of course tomorrow is the UK Lotto draw and with an estimated jackpot of £4.5 million, that one isn’t to be sniffed at either.

You can buy lotto tickets online for both the UK Lotto and Euromillions Lottery draws right now and then you could be in with a chance at being the next big lottery winner.

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