National Lottery (Ireland) to receive lottery funding. On 3 October 2013, Minister Howlin announced that the government had agreed to sell the National Lottery licence for €405 million to Premier Lotteries Ireland, a consortium comprising An Post, An Post pension funds, and the Ontario Teachers' Pension Plan (owner of the Camelot Group, operators of the UK National Lottery). Dermot Griffin, head of the An Post National Lottery Company since 2006, was appointed chief executive of Premier Lotteries Ireland. Other existing senior management were also retained. Executives from the Camelot Group, the Ontario Teachers’ Pension Plan, and An Post were appointed to the board
National Lottery (Ireland) changed Lotto to a 6/39 game later in 1992, raising the jackpot odds to 1 in 3,262,623. The first Lotto 6/39 drawing was held on 22 August 1992. To compensate for the longer jackpot odds, the National Lottery doubled the starting jackpot to and added a "bonus number" to the drawings. Whereas players previously needed either a match-6, match-5, or match-4 to win, prizes were now also awarded for match-5+bonus, match-4+bonus, and match-3+bonus. Lotto became a 6/42 game on 24 September 1994, which made the jackpot odds 1 in 5,245,786. The National Lottery made this change to generate bigger rollover