One thing’s for sure, lotteries raise a lot of money. But, where does the lottery money go? Lotteries, of course, benefit their lucky players, but they also raise funds for worthy causes. The proceeds of the lotteries go to a variety of different charities and societies. You can be sure that with every purchase you are helping a cause. Better yet, you have the chance to win big!
Where does the National Lottery money go?
Funds from the National Lottery games, including Lotto, EuroMillions, Thunderball, and more, are used to fund many aspects of the game. While some running costs apply, 95% of total revenue goes back to lottery winners and the community. From player prizes and the cost of running the lotteries. Plus, a significant portion then goes on to help with some good causes.
95% of revenue from the National Lottery games goes back to winners and society. A large portion of funds raised goes to prizes, with over 5,000 millionaires sharing in £13.3 billion! What’s more, there are thousands of prizes awarded with lower category wins that happen each and every draw.
The remaining profits go to Good Causes, with over £40 Billion raised for charities, projects, and grants. A variety of causes receive support from the National Lottery. These causes include health, education, environment, and charitable causes, sport, arts, and heritage preservation. The National Lottery advises that over 565,000 projects have been made possible from funds raised by lottery purchases. In just one year (ending 31 March 2019), they reported total ticket sales of £7,206.8 million and:
- £1,654.7 million raised for National Lottery projects
- £4,128.5 million paid to players in prizes
- £864.8 million to the Government in Lottery Duty
- £303.9 million earned by retailers in commission
Where does the People’s Postcode Lottery money go?
While some money raised by the People’s Postcode Lottery is used to cover the expenses of running the draws (28%), the majority goes towards providing prizes to the lucky winners (40%), and of course, sharing the fundraising with good causes (32%).
The People’s Postcode Lottery is one of the most charitable lotteries. There is a guarantee that at least 32p of every £1 spent on lottery tickets goes to a list of supported charities. Just like a strong community should, the charities help to promote and fundraise with the lotteries. Meanwhile, to ensure every charity is receives a fair share of the support, each draw is dedicated to a specific charity or trust across a prize draw calendar.
So far, over £500 Million has been raised through The People’s Postcode Lottery!
Where does The Health Lottery money go?
Not only does The Health Lottery offer a great opportunity for players to win, but it also offers the chance to support a great cause. With an already enticing 1 in 9.7 chance of winning a prize, you can feel assured that your money is also going towards addressing health inequalities across Great Britain!
The Health Lottery is run directly by an independent charity called the People’s Health Trust. The lottery is run to support their work in addressing health inequalities across Great Britain. A collaboration of 12 regional society lotteries, the money raised is allocated to one society each turn. The allocation rotates throughout the year, so each area receives a share of the funds raised.
While some funds from the Health Lottery go directly to managing funds and running costs, most of the money raised goes back into prizes and to support efforts tackling health inequalities. Over £112 million has been raised so far, helping over 3,000 projects and over 550,000 people.