How the UK Lottery helped Great Britain win 100 Olympic gold medals

Comment #4

dannyct — Fri, 06 Aug 2021 12:02:36 GMT

BREAKDOWN OF THE NATIONAL LOTTERY REVENUE

50% goes to the Prize Fund.

28% goes to Good Causes , as set out by Parliament.

12% goes to Her Majesty's Treasury, as Lottery Duty.

5% goes to retailers in commission.

5% goes to the National Lottery operator Camelot, with 4% to cover operating costs and 1% as profit.

Comment #3

dannyct — Thu, 05 Aug 2021 12:21:44 GMT

The UK National Lottery is a resounding success, raising billions of pounds for non-profit projects across the UK.

Comment #2

Mata Garbo — Thu, 05 Aug 2021 01:39:03 GMT

Really feel bad for the British Olympians before 1996, who had to scrape together crumbs to survive. Thank goodness the Lottery came riding in to save the day. I can still see the tears of joy on the faces of the British women's hockey team after they won in 2016. Love to see our friends doing well.

Comment #1

Bleudog101 — Wed, 04 Aug 2021 22:28:01 GMT

Great news for their up and coming Olympic athletes.

How the UK Lottery helped Great Britain win 100 Olympic gold medals

Lottery Post — Wed, 04 Aug 2021 15:17:52 GMT

By Kate Northrop

Great Britain has officially secured its 100th gold medal in the Olympics, part of which can be attributed to support from the UK National Lottery.

Since 1996, funding from the National Lottery has helped athletes from Team Great Britain take home over 100 gold medals at the Olympics, but what does that funding specifically entail?

On Monday, Adam Peaty took Great Britain's 100th gold medal after defending his 100m breaststroke title in Tokyo. Within mere hours, Tom Dal... [ More ]