Manik won 24,480 in a lottery and he
donated 7140 for charity. Find the ratio of
the amount he donated to the amount he
won
Answers
Answer:
Since the launch of the National Lottery in 1994, its operator, Camelot, has promised that its founding principle was to raise money, and donate to good causes and projects in the UK. But recently the National Lottery has been under scrutiny, as a report by the NAO public spending watchdog said Camelot’s profits rose 122 per cent, or £39 million, between 2009-’17, to £71 million. However over the same period, the amount it gave to good causes rose just 2% and fell by 15% in the last financial year.
For every £1 the national Lottery receives, through lottery tickets, scratchcards and online interactive games, 24p of that is said to go to ‘good causes’. The National Lottery’s distributing bodies, the Big Lottery Fund, and the Heritage Lottery Fund are then in charge of allocating where exactly that 24p should go. But how much lottery money goes to charity, and where exactly does it end up?