Income
The income of all the Lottery distributors comes from the sale of National Lottery tickets. Of every £1 spent on a Lottery ticket 28 pence goes to the "good causes". The current operator of the National Lottery is Camelot.
BIG is the largest of the Lottery distributors, with an income of about £600 million a year. From April 2012 BIG will be responsible for distributing 40 per cent of funds raised for "good causes" (just over 10 pence of every £1 spent on a Lottery ticket).
Read more about this topic: Big Lottery Fund
Famous quotes containing the word income:
“The bread-winner must toil as in the fruitless effort of a troubled dream while the expenditure of an uneducated wife discounts the income in the lack of understanding to discern the broad possibilities of an intelligent economy.”
—Anna Eugenia Morgan (1845–1909)
“The secret of success lies never in the amount of money, but in the relation of income to outgo.”
—Ralph Waldo Emerson (1803–1882)
“Happy are those who find wisdom, and those who get understanding, for her income is better than silver, and her revenue better than gold. She is more precious than jewels, and nothing you desire can compare with her. Long life is in her right hand; in her left hand are riches and honor. Her ways are ways of pleasantness, and all her paths are peace. She is a tree of life to those who lay hold of her; those who hold her fast are called happy.”
—Bible: Hebrew, Proverbs 3:13-18.