Corby is a lotto winner
In its first year, the Corby lottery is expected to raise about £38,000 for good causes - almost double the £20,000 that was projected when it first launched
The lottery began on April 29, 2017, and for every £1 ticket sold, 50p goes to a nominated good cause, 20p funds the prizes, 10p goes to the council to supplement the grants pot, 16p goes to the IT provider and 4p pays the VAT.
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By the end of the first year, it is expected that 57 local charities will have reaped nearly £38,000 from more than £63,000 in ticket sales.
They include Made in Corby, Maplefields Circle of Friends, the council itself and Lakelands Hospice.
In a six-monthly report that will be presented to grants committe councillors on Tuesday, director of corporate services Adrian Sibley said: “As at the end of January there have been 40 weekly draws. Nearly 2,000 prizes have been awarded with the highest being £2,000 for matching 5 numbers.
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Hide Ad“Based on the success of other similar online lotteries, it was originally expected that approximately £20k would be raised on an annual basis to support good causes. £28k has so far been raised and if the trend continues for the year the total will be £38k. £20k of this will flow directly to council from where we have been selected as the good cause, either by default or directly. This includes £6k that is expected to be raised for the council through the 10 per cent share of each ticket sold that we receive.”
Find out more about playing the Corby Lottery {https://www.corbylottery.co.uk/ |here|}