Oireachtas Joint and Select Committees
Thursday, 27 February 2014
Public Accounts Committee
Payments to Section 39 Companies: Discussion
1:30 pm
Mr. John McGuire:
Two hundred at €1, that is €200. What we take off that, off the top, is the retailer's commission, so they keep that. This is where it gets a little bit complicated to explain. When printed tickets like these are used there are two types of prizes in the ticket. There are what we call low-end prizes and high-end prizes. In each pack, it is, if you like, a promise. We give a guaranteed amount of low-end prizes so on the €100, there might be, say, €44 in guaranteed prizes.
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