Did Camelot Spoil The Lottery For The Majority Of Us?

[Arnold_Lane]

10 minutes ago, Thirsty Relic said:

Taking the most recent Lotto game (Saturday 38th), £20,454,605 was distributed as winnings.  Given the figures provided, that gives a stake of £37,189.000 staked, and a profit leaving the UK shores for Canada of £1.8 million.

 

Given that Saturday's game was one of 2 per week (and we're not even looking at scratchcard sales!), that is a whole lot of money going abroad, especially when you take into account (as mentioned elsewhere on this thread) that a rival contender for the National Lottery said it would be run without a profit, with all surplus generated going to good causes.

 

 

I assume the profit is also taxed by HMRC.  I could be wrong though.  

Edited December 1, 2020 by Arnold_Lane

[Janus]

Irrespective of who owns it or where it is based, many people who liked to play and received enjoyment & a little bit  of excitement  no longer do, because of the changes. 

[Baron99]

2 hours ago, Janus said:

Irrespective of who owns it or where it is based, many people who liked to play and received enjoyment & a little bit  of excitement  no longer do, because of the changes. 

It all seems a lifetime away from when the lottery was first mooted & introduced, when some stated, it was going to turn us all into foaming at the mouth gamblers. 

[max]

15 hours ago, Baron99 said:

It all seems a lifetime away from when the lottery was first mooted & introduced, when some stated, it was going to turn us all into foaming at the mouth gamblers. 

May not be all of us but certainly an unhealthy amount are verging on the not very bright spectrum:

Banking on the lottery to fund retirement.