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Old 10-11-2014, 17:18   #199
Hugh
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Re: EU demand extra £1.7bn from UK

Quote:
Originally Posted by ianch99 View Post
The National Lottery does indeed need revisiting: private company making 76 million profit running the scheme, only 28% of income to good causes, etc. Richard Branson originally wanted to run the National Lottery as non-profit making, but the contract was given to Camelot instead ..

Here is an interested article on the morality of the National Lottery: https://philosophynow.org/issues/14/Lottery_or_Lootery
Nice mixture of statistics there - shouldn't you really use the same kind of stats to give a more balanced picture?

https://www.national-lottery.co.uk/l...the-money-goes

So the £76 million profit is less than 1% of income, and the 28% of income to good causes is £1,175 million - the rest of the income is split between £3,524 million to Lottery players, £807 million in Lottery Duty, and £309 million to retailers in commission.
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