National Lottery Raises £422.9m for Good Causes in Quarter 1 2022/2023 Financial Year

It is reported that the UK National Lottery, raised £422.9m (€491.5m/$488.4m/N214.1bn) for good causes during the first quarter of the 2022/2023 financial year.

According to the Gambling Commission’s published figures, the amount generated from ticket sales in the three months to the end of June this 2022, was 0.5% more than in the same period in 2021/22 financial year, but 13.9% lower than the £491.3m raised in Q4 of 2021/2022 financial year and also 16.8% less than the £508.5m raised in Q3 of 2021/22.

It is reported that an 8.7% fall in total National Lottery sales when compared to Q4 of the last financial year could be the cause of the noted quarter by quarter decline.

The GC said that all games experienced a decline, except for Euro-Millions games. Lotto ticket sales were down 15.9%, while scratch-card sales went down by 11.4% quarter-on-quarter.

It was also reported that the total unclaimed prizes that was added as returns to good causes, were £29.0m less than what was obtainable in the previous quarter; this can also be attributed to a number of scratch-card games, being closed in Q4 of 2021/22, in line with the normal annual cycle.

The National Lottery has raised more than £46.0bn for good causes such as sports, arts and heritage, health, education and the environment, since its launch in November 1994.

Funds for good causes are held in the National Lottery Distribution Fund (NLDF), while the Gambling Commission, ensures that payments from the Lottery operators to good causes coffer, are accurate and on time.

 

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