Dennis the 'Bloody Peasant'
25th May 2012, 10:25
The Camelot consortium won the contract to run Britain's first national lottery which starts in November.
The group predicted it will bring in a total of £32bn during the seven years of its licence. It planned to give £9bn of that to the lottery fund's five "good causes". Camelot has pledged to give up to 30% of its takings to the fund split equally between charities, the arts, sport, National Heritage projects and a Millennium Fund.
50% of sales spent on prize money
12% spent on tax
28% is divided between nominated charities
The rest goes to Camelot and retailers
In 2002 there were six "good causes" - arts, sports, charities, heritage, millennium projects and education, health and environment
More than £11bn has been given to these causes
(BBC History)
General views of lotteries?
The group predicted it will bring in a total of £32bn during the seven years of its licence. It planned to give £9bn of that to the lottery fund's five "good causes". Camelot has pledged to give up to 30% of its takings to the fund split equally between charities, the arts, sport, National Heritage projects and a Millennium Fund.
50% of sales spent on prize money
12% spent on tax
28% is divided between nominated charities
The rest goes to Camelot and retailers
In 2002 there were six "good causes" - arts, sports, charities, heritage, millennium projects and education, health and environment
More than £11bn has been given to these causes
(BBC History)
General views of lotteries?