Lotto is changing: Going up to £2 per ticket.

[Jeffrey Shaw]

Apparently at the moment 28p out of every £1 ticket goes to good causes but Camelot intends to reduce the amount per ticket that it gives to these good causes when the price rises to £2.

That's wholly irrelevant. No-one buying a ticket for either the National Lottery or the Euro Lottery gives a damn about 'good causes' and the benefits to them from the ticket revenue. To help a good cause, give it money direct!

[BoroB]

That's wholly irrelevant. No-one buying a ticket for either the National Lottery or the Euro Lottery gives a damn about 'good causes' and the benefits to them from the ticket revenue. To help a good cause, give it money direct!

 

Wholly irrelevant?

 

Taken from National Lottery website:

 

As operator of The National Lottery, Camelot is committed to maximising returns to National Lottery Good Causes in a socially-responsible way.

 

Camelot already runs the most cost-efficient lottery in Europe – an achievement that has helped the UK National Lottery to generate over £29 billion for the Good Causes, and counting.

 

As has always been the case, the total amount which goes to National Lottery Good Causes depends on the mix of sales across different games and sales channels, the level of unclaimed prizes – and the amount raised in investment income from National Lottery balances waiting to be allocated.

 

In the period up to March 2013, around 28% of total National Lottery revenue is expected to go to the Good Causes.

 

Over the course of the third licence, over 50% of total National Lottery revenue is expected to be paid to winners in prizes, while 12% of total revenue is expected to be paid to the Government in Lottery Duty. National Lottery retailers will earn 5% in sales commission for each Draw-Based Game – and 6% commission on each Scratchcard (Camelot's retailers earn, on average, £7,800 per annum in lottery commission). Operating costs will be around 4% of total revenue.

 

In line with the incentivised model introduced by the NLC for the third licence period, the percentage of profit will be determined by how much the operator raises for National Lottery Good Causes.

 

Not only do Camelot make a big song and dance about the amount raised for good causes but it is a criteria used for determining who gets the licence to run the lottery.

 

My view is that Camelot know that people are going to be upset with ticket prices doubling and did not want to compound this by also announcing that the percentage they give to good causes is decreasing.

[jimmyb]

Everybody wants to earn more and more these days...

[Jeffrey Shaw]

Wholly irrelevant?

 

Taken from National Lottery website:

 

As operator of The National Lottery, Camelot is committed to maximising returns to National Lottery Good Causes in a socially-responsible way.

 

Camelot already runs the most cost-efficient lottery in Europe – an achievement that has helped the UK National Lottery to generate over £29 billion for the Good Causes, and counting.

 

As has always been the case, the total amount which goes to National Lottery Good Causes depends on the mix of sales across different games and sales channels, the level of unclaimed prizes – and the amount raised in investment income from National Lottery balances waiting to be allocated.

 

In the period up to March 2013, around 28% of total National Lottery revenue is expected to go to the Good Causes.

 

Over the course of the third licence, over 50% of total National Lottery revenue is expected to be paid to winners in prizes, while 12% of total revenue is expected to be paid to the Government in Lottery Duty. National Lottery retailers will earn 5% in sales commission for each Draw-Based Game – and 6% commission on each Scratchcard (Camelot's retailers earn, on average, £7,800 per annum in lottery commission). Operating costs will be around 4% of total revenue.

 

In line with the incentivised model introduced by the NLC for the third licence period, the percentage of profit will be determined by how much the operator raises for National Lottery Good Causes.

 

Not only do Camelot make a big song and dance about the amount raised for good causes but it is a criteria used for determining who gets the licence to run the lottery.

 

My view is that Camelot know that people are going to be upset with ticket prices doubling and did not want to compound this by also announcing that the percentage they give to good causes is decreasing.

What you say is accurate. That wording is Camelot's policy pronouncement.

What I said, earlier, is true too- to buyers of tickets, all that wording is irrelevant.