Lottery by the Gambling Commission (formerly the National Lottery Commission), and established in 1994. It is operated by the Camelot Group, which was first granted the franchise in 1994. Camelot's current franchise agreement runs through 2019. 28% of National Lottery revenue, along with all unclaimed prizes, are distributed as grants to charitable causes. 12% of the revenue from the National Lottery is expected to go to the government, 5% goes to lottery retailers, 5% is retained by Camelot Group for operating costs, and 50% remains for the total prize fund of which 5% is diverted to a Super Draw fund, leaving
National Lottery (United Kingdom) 2012. This was a world record unclaimed prize. All investment income from unclaimed prizes also goes to good causes via the National Lottery Distribution Fund. The National Lottery is regulated by the Gambling Commission. Previous regulators were the Office of the National Lottery (known by the acronym OFLOT) until 1 April 1999, and the National Lottery Commission – a non-departmental public body reporting to the Department of Culture, Media and Sport – until 1 October 2013. The Lottery was set up in 1993 under the National Lottery etc. Act 1993 and was reformed under the National Lottery Act 1998 and