Oireachtas Joint and Select Committees
Tuesday, 7 March 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Overview of Operations of the National Lottery: Discussion
4:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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On the question of the proportion of the sales proceeds that goes towards good causes - this would be governed by the licence - Mr. Sloyan might clarify the current procedure for the committee. In his opening remarks he said, "Under the licence, the amount allocated to good causes is equal to 65% of the difference between total net sales and the amount in respect of prizes". Is there a minimum percentage of sales that must go towards prizes?