Lottery Assists Community Sector
The BIG Lottery Fund, which exists to distribute Good Causes lottery money, has announced that it is investing £43 million in the Voluntary and Communities Sector (VCS). This sector is on the front line when it comes to helping communities to cope with the long-term effects of the recession, and the £43 million package will therefore help it to do its job more effectively and give millions of people greater hope for the future as a result.
Peter Wanless, who is Chief Executive at the BIG Lottery Fund, explained the reasoning behind the decision to invest the addition £43 million. “I am very aware of the tough times communities are experiencing and the increased demand this is inevitably placing on the voluntary and charitable sector,” he said. “While there are some reports that the recession may be easing, we know that the full impact on the UK’s communities is still working its way through, impacting on homes across the nation, bringing family breakdown, mental illness, unemployment and personal debt.
“The BIG Lottery Fund aims to work as an intelligent funder and we are responding to this critical time with a substantial package of support designed to reach those that need it most,” he continued. “Right now, the last thing the Sector needs from us is another targeted fund with its own eligibility criteria, rules and procedures. By channelling more money through our existing funding streams, we can respond immediately to the increasing demand from local groups and organisations coping with the crunch. We are also using the close working relationships we have with experts out there to identify how we can effect distinct and additional support to recession-hit communities in ways that won’t otherwise take place.”
For every £1 spent on UK lottery tickets, 28p is set aside for Good Causes, and the BIG Lottery Fund was established in June 2004 to distribute a large part of that cash. Since then, it has funded more than 89,000 community projects with over £2.8 billion.
Lottery players should be proud of the fact that such a good proportion of every £1 spent on lottery tickets goes to such worthwhile projects, because it effectively makes your lottery participation an investment in your own community as well as giving you the chance to win big money at the same time!
The EuroMillions jackpot this Friday will be worth around £13 million, and the Lotto jackpot will be worth around £4.5 million. If you fancy winning some of that prize money, and you like the idea of helping Good Causes in the process, all you have to do is buy lottery tickets online.
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