The National Lottery Trust Fund propels transformative initiatives by supporting projects that benefit the wider population.
As a leading advocate of the value of lotteries and as an alternative source of revenue, the Trust Fund will be investing a lot of money raised from lotteries to complement the efforts of government in projects ranging from the provision of basic health-care facilities, learning materials, refurbishment of educational facilities, ecological, resettlement of displaced persons and the provision of world-class sporting facilities.
The National Lottery Act 2005 allows the lottery business in Nigeria to be run by licensed lottery operators under the close supervision of the national lottery regulatory commission.
The National Lottery Act stipulates that 50% of all proceeds must go to players as prizes and 20% to the National Lottery Trust Fund for Good Causes. This means that 70% of the total proceeds of Lottery games actually go back to benefit the people who play the games and the entire community. Only 30% is left to the operator to cover the costs of administration and operating the lottery games.
