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New Improved Lottery

It exists in the UK, it's called "Premium Bonds"...

For those who labor under the delusion that a 'premium bond' means the usual things about pars and coupons, it turns out that in the UK, a Premium Bond is something much more interesting:

A Premium Bond is a lottery bond issued by the United Kingdom government's National Savings and Investments agency. The bonds are entered in a regular prize draw...There are many different prizes ranging from £25 to the top prize of £1,000,000 (between 2005 and 2009, there were two £1m prizes each month and the minimum prize was £50, but prizes were reduced after the lar

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