What's the deal with the people's postcode lottery? Is it a scam?

Man gutted after thinking he'd won big on Postcode Lottery but postcode lottery scandal The Scandal of the Squandered Billions from Lord Irvine's Wallpaper to EU Saunas Matthew Elliott, Lee Rotherham The Postcode Lottery Tax spending isn't fair postcode lottery celebrities RESIDENTS in two areas of Warrington had an extra special bank holiday thanks to a Postcode Lottery win

postcode lottery scandal “In recent cases, mainly on Facebook, South Yorkshire victims have been told that they have won the Postcode Lottery or a Facebook competition