National Lottery Bill

The question was this: do we allow those who have large balances to profit by them? Good causes profit because the interest that is accrued is then redistributed, as in the case of distributions to sport and the arts. I gave two reassurances. Money that had been allocated from the lottery to the various distributors would be received, and no scheme would be stopped; it was simply that the balances would be reduced. There was a guarantee that once that expenditure had been confirmed it would continue, and they would not lose one penny piece of the money that had been allocated to the distributors from the lottery, that would have been accrued by interest. We believed that it was wrong to profit by that, which is why we distributed it in that way.