The Government is recommending increasing the maximum draw prize from its current limit of £400,000 to £500,000. The consultation will also ask for views on increasing the number of tickets society lotteries can sell to a value of £100 million per year and the amount they can raise per draw to £5 million.
The move would allow charities and community groups to increase fundraising methods through society lotteries, while protecting the National Lottery’s ability to raise money for good causes.
The consultation closes on 7 September 2018. To read the Government’s press release in full and for a link to the consultation, click here.