Israel Lottery Subscription Price Rises, Prizes Increase, Vacations Decrease
Translated & summarized from Calcalist by baba
The Israel Lottery is increasing its "Manoi Pis" subscription price by 16.7% to 70 shekels per month, effective March 4, 2027. While cash prizes are being enhanced, the number and value of vacation prizes will be reduced. The lottery stated the changes were pre-planned and not a response to public criticism about declining winning odds.
The story in 5 lines · by baba
- Israel Lottery subscription price will rise 16.7% to 70 shekels monthly starting March 4, 2027.
- Top cash prizes will increase by 20%, with the first draw's jackpot rising to 1.8 million shekels.
- The number of couples' vacation prizes will decrease from 75 to 50 per month.
- The total value of vacation prizes will drop by 40% from 2.25 million to 1.35 million shekels monthly.
- The lottery claims the changes were planned long in advance with the Ministry of Finance.
The "Mifael HaPis" (Israel Lottery) will increase the monthly subscription price for its "Manoi Pis" service from 60 to 70 shekels, a 16.7% rise. The change, effective March 4, 2027, will also involve an update to the prize pool, boosting most cash prizes while reducing the number and value of vacation prizes. The "Manoi Pis" subscription offers participation in five monthly draws for a fixed monthly fee, eliminating the need to purchase individual tickets. Currently, the subscription costs 12 shekels per draw, totaling 60 shekels monthly or 720 shekels annually. The price increase will add 10 shekels per month, bringing the annual cost to 840 shekels.
Alongside the price hike, the first prize in each draw will increase by 20%. The top prize in the first monthly draw will rise from 1.5 million shekels to 1.8 million shekels for a single winner. Subsequent draws will see prize money distributed among multiple winners: three winners will receive 600,000 shekels each in the second draw, six winners 300,000 shekels in the third, 12 winners 150,000 shekels in the fourth, and 30 winners 60,000 shekels in the fifth. The number of top prize winners per draw remains unchanged.
Changes are also being made to the second prize tier. Instead of two winners receiving 150,000 shekels each, there will now be nine winners each receiving 40,000 shekels. While the individual prize amount decreases, the total prize money distributed in this tier will increase from 300,000 to 360,000 shekels per draw. The third prize of 10,000 shekels for 15 winners will remain the same. Smaller prizes will also see increases, with the fourth prize rising from 5,000 to 6,000 shekels, the fifth from 1,000 to 1,200 shekels, and the sixth from 100 to 140 shekels. The number of draws for the sixth prize will increase from two to six.
In contrast, vacation prizes will be reduced. Currently, 75 couples' vacations, valued at approximately 30,000 shekels each, are drawn monthly. The new plan reduces this to 50 vacations, each valued at about 27,000 shekels. This represents a 40% decrease in the total estimated value of vacation prizes, from about 2.25 million to 1.35 million shekels per month.
The lottery stated that the changes were planned long in advance in cooperation with the Ministry of Finance and are not related to recent public criticism regarding diminished winning chances due to an increase in participating tickets. The number of tickets grew from approximately 710,000 in January to about 746,000 in October, without a corresponding increase in major prizes.