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Speaker 1: A big change coming to LOTO, more power balls, fourteen

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Speaker 1: up from ten. New Division eight weekly winners apparently going

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Speaker 1: to rise by thirty percent odds of winning, though Division

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Speaker 1: one that is not so good. It goes from one

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Speaker 1: to thirty eight point four million to one and fifty

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Speaker 1: three point seven million. Anyway. Jason Delamore's loto's chief executive

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Speaker 1: and as well us Jason, very good morning to.

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Speaker 2: You, Hi, Mike, thanks for having us on.

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Speaker 1: Not at all. There's been a long time coming or what.

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Speaker 2: It has been a few years in the working yes,

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Speaker 2: to get to this stage. So the game changes every

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Speaker 2: few years, and now it's time to tune it up

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Speaker 2: for New Zealand.

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Speaker 1: How much of it's just about change cause you need

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Speaker 1: to change, versus your being eaten into a little bit

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Speaker 1: by what seems to me to be anyway a globally

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Speaker 1: increasing betting market.

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Speaker 2: It is definitely a more competitive market and more competitive

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Speaker 2: coming MIC, But this is more around how we adjust

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Speaker 2: largely to the population size in New Zealand. So since

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Speaker 2: we lasted this change, New Zealand has grown by one

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Speaker 2: point one million people. So you have to keep tuning

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Speaker 2: the game to keep it up to speed.

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Speaker 1: So more winners. This would be a pitch at the

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Speaker 1: chances of you getting something back increase, but the chances

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Speaker 1: of you winning the big one diminish. So you're suggesting

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Speaker 1: to me that we really only buy to win something

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Speaker 1: as opposed to the big one.

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Speaker 2: Absolutely right, Yeah, So the odds are increasing, and you

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Speaker 2: quoted is for a single line. Most people buy a

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Speaker 2: lucky dip that has about ten lines in it. But

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Speaker 2: the odds will increase. The big price do go up,

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Speaker 2: but this look that there are more smaller prizes for

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Speaker 2: people to enjoy.

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Speaker 1: What's the weekly spend and how's it changed? Is it

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Speaker 1: directly tied to the economy.

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Speaker 2: I'll give you sort of an average ticket spend. So

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Speaker 2: normally average ticket spends about eighteen dollars, and we see

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Speaker 2: that increase only a little bit. Actually, during a large

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Speaker 2: powerball draw goes up to about twenty twenty two dollars,

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Speaker 2: So that sort of puts some averages into folks minds.

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Speaker 1: Does it? Is it the same people over and over all?

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Speaker 2: No, what you see in a large powerball is you

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Speaker 2: get a lot more in what we call in frequent

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Speaker 2: players coming in. So those people who just want to

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Speaker 2: take a punt on winning the big prize. Those are

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Speaker 2: the ones that come in for a powerball, And what.

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Speaker 1: Would you expect that What would you expect to happen

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Speaker 1: as a result of these changes, your market cheer goes up,

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Speaker 1: or more people gamble or what.

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Speaker 2: Yeah, So what we will see is the draws. So

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Speaker 2: the average powerful draw happens about every three weeks. That'll

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Speaker 2: shift to about every three and a half weeks. As

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Speaker 2: the prizes get larger, we'll expect to see more of

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Speaker 2: those and frequent players come on in. That's that's the

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Speaker 2: main changes that we're expecting to see.

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Speaker 1: Good stuff. Jason, appreciate it. Jason Delamore, who runs lotto

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Speaker 1: in this country.

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Speaker 2: For more from the Mic Asking Breakfast, listen live to

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