Home | Email | Get AOL Toolbar | Help | Make AOL My Homepage
 Tuesday, 24 November 2009
Money
| | | |
Powered by Google

Money Quiz

Finance Quiz
Test your Knowledge
Get Stock Quote for:

Lottery 'does not benefit the poor'

posted : TUESDAY, 28TH JULY 2009 14:09:37 BST comments : 0
- Search: National Lottery funding

The National Lottery comes with a "high price tag" for the poorest who spend more as a proportion of income on its games than wealthier counterparts but are least likely to benefit from its funding, according to a new report.

Manual workers and the unemployed are significantly more likely to play National Lottery scratch cards than those in the top managerial, professional careers and supervisory and clerical posts, research for the public theology think tank Theos has shown.

Polling of 1,019 adults in Britain conducted at the end of last year also showed skilled manual workers were the most likely to play draw based games - such as Lotto - with more than 67% in this category taking part once a month or more compared to 47% of managerial and professional workers.

The report said an analysis of where Lottery money for good causes was distributed found "insufficient funding" was being invested back into Britain's deprived communities in spite of high rates of play amongst less affluent players.

Researchers said Blaenau Gwent in South Wales was the poorest area in the UK, according to one set of deprivation measurements, but ranked in 133 place when it comes to the amount of lottery funding it receives.

Bridgend, also in South Wales, was ranked second using the same set of deprivation scores, but only in 224th place in terms of the amount of lottery funding it receives.

Lottery play and the 12% Lottery Duty is "regressive" the report concluded, and distribution of Lottery money fails to mitigate this with "markedly progressive" grant-making.

It added: "The public funding package for the 2012 Olympic Games which relies heavily on the National Lottery, will exacerbate this problem by reducing the amount of money available to projects in deprived areas."

Paul Woolley, director of Theos, said: "This research adds to a growing body of evidence which shows that Lottery players come from poorer backgrounds. They also spend significantly more, as a proportion of their household income, than more affluent players.

"National Lottery distributors have an obligation to ensure that all parts of the country have fair access to funds and that awards should be made with a view to reducing economic and social deprivation."

    You'll be asked to register or login before posting a comment

    * Display Name (Screen Name or email address is not permitted)

    By submitting your comment, you agree to the AOL Web Services Agreement. If you feel a comment is in violation of AOL community Standards,you may report it using the 'Notify AOL' button.

    Guidelines At A Glance

    Below are some quick guidelines to note when posting comments on AOL.
    • Don't post unlawful, harassing, defamatory, abusive, threatening, harmful, obscene, profane, sexually oriented, homophobic or racially offensive comments.
    • Posts that aren't relevant lower the value of the discussion. Stay on topic.
    • Don't make multiple postings, keep your number of comments per topic to a reasonable level.
    • Please do not publicise anyone's contact details.
    • No advertising, promotion of products or services, or posting of web links (URLs).
    • You should never impersonate anyone, please refer to our Netiquette Guide.
    • Please note that your chosen display name is linked automatically to either your screen name or chosen email address for security purposes.

    Money Guides and Tools from AOL partners

    Clear Class
    Rss Module

    Families '£10 better off this...

     Families are around £10 a week better off than they were a year ago due to the sharp fall in interest rates seen during the past 12 months, research has showed.
    Families are around £10 a week better off than...
    rssModule
    Rss Module

    '50,000 finance jobs lost' in...

     More than 50,000 finance jobs have been lost in the past year despite tens of billions of pounds spent shoring up the industry, a study showed.
    More than 50,000 finance jobs have been lost in...
    rssModule
    Rss Module

    Bank lent £61.6bn to RBS and...

     The Bank of England has revealed it lent Royal Bank of Scotland (RBS) and HBOS £61.6 billion in a "dire emergency" at the height of the financial crisis.
    The Bank of England has revealed it lent Royal...
    rssModule
    Rss Module

    Mortgage approvals at two-year...

     The number of mortgages approved for house purchase has risen to its highest level for nearly two years during October as buyers continued to return to the market, figures have shown.
    The number of mortgages approved for house...
    rssModule
    Rss Module

    Cautious welcome for bills...

     A new billing system which British Gas claims will allow customers to pay only for what they use each month has received a lukewarm welcome from watchdogs.
    A new billing system which British Gas claims...
    rssModule
    Rss Module

    Fixed-rate mortgage costs drop

     The average cost of a two-year fixed-rate mortgage has fallen below 5% for the first time in five months, research shows.
    The average cost of a two-year fixed-rate...
    rssModule
    Rss Module

    Prudential in equity release...

     Insurance giant Prudential is pulling out of the equity release market in a move that puts 100 jobs at risk.
    Insurance giant Prudential is pulling out of the...
    rssModule
    Rss Module

    Bank lent £61.6bn to RBS and...

     The Bank of England has revealed it lent Royal Bank of Scotland (RBS) and HBOS £61.6 billion in a "dire emergency" at the height of the financial crisis.
    The Bank of England has revealed it lent Royal...
    rssModule
    Rss Module

    Workers still facing pay freeze

     Many workers are continuing to have their pay frozen despite hopes that the economy was poised for recovery from recession, according to a new report.
    Many workers are continuing to have their pay...
    rssModule
    Rss Module

    Hotel offering mother-in-law...

     A leading hotel chain introduced a special mother-in-law rate for the festive season, aimed at families wanting to "offload" certain relatives this Christmas.
    A leading hotel chain introduced a special...
    rssModule
    Rss Module

    Families '£10 better off this...

     Families are around £10 a week better off than they were a year ago due to the sharp fall in interest rates seen during the past 12 months, research has showed.
    Families are around £10 a week better off than...
    rssModule
    Rss Module

    '50,000 finance jobs lost' in...

     More than 50,000 finance jobs have been lost in the past year despite tens of billions of pounds spent shoring up the industry, a study showed.
    More than 50,000 finance jobs have been lost in...
    rssModule