IoF calls for annual income cap on society lotteries to be raised from £10m to £100m

IoF calls for annual income cap on society lotteries to be raised from £10m to £100m: "The Institute of Fundraising is calling for the annual income cap on society lotteries to be increased from £10m to £100m in response to an inquiry by the Culture Media and Sport Committee.
As well as increasing the turnover limit to enable bigger charities to reach economies of scale and maximise fundraising, the Institute wants an increase in the amount of ticket sales from a single draw from £4m to £10m to allow popular charities to raise more money."



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