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 The National Lottery

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PostSubject: The National Lottery   6th August 2012, 19:32

The National Lottery is the state-franchised national lottery in the United Kingdom and the Isle of Man.

It is operated by Camelot Group, to whom the licence was granted in 1994, 2001 and again in 2007. The lottery is regulated by the National Lottery Commission, and was established by the then prime minister John Major in 1994.
All prizes are paid as a lump sum and are tax-free. Of every pound spent on National Lottery games, 50 pence goes to the prize fund, 28p to 'good causes' as set out by Parliament (though some of this is considered by some to be a stealth tax levied to support the Big Lottery Fund, a fund constituted to support public spending, 12p to the UK Government as duty and 5p to retailers as commission, while Camelot receives 4.5p to cover operating costs and 0.5p profit. Players must be at least 16 years of age to participate in the lottery, either in the drawn lottery games or by purchase of lottery scratch cards. To date, National Lottery games have created over 2,800 UK millionaires

Eligibility

Players must be 16 years or older

Retailer rules do not exclude foreign players, so players physically buying a ticket at a UK lottery retailer can be of any nationality

Online purchase of tickets from the National Lottery website is limited to players who have a UK bank account (for debit card or direct debit purposes), a UK or Isle of Man residential address and are physically present in the UK or Isle of Man when making the ticket purchase.

The ticket purchaser for a syndicate, typically the manager of said syndicate, must follow the same eligibility rules that apply to non-syndicate individual players. Note that the remaining members of the syndicate can be of any nationality, but must also be aged 16 or over

Lottery tickets are not transferable, so commercial syndicates (i.e. where extra charges are levied over and above the total face value of the tickets purchased) are not permitted


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