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The Postcode Lottery Group is a Dutch international social enterprise, 100% owned by a non-profit foundation.The group establishes and manages charitable lotteries worldwide to raise funds for social organisations working in areas such as culture, nature, environmental and animal protection, health, human rights, and development aid.
People's Postcode Lottery is a subscription lottery in the UK. [32] The format was introduced by Dutch company Novamedia BV: [33] players pay at minimum £10 monthly to play, and winning postcodes are announced daily. [34]
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As required by the Dutch government, forty percent of the proceeds of this lottery are donated amongst 81 charities, which, in 2010 amounted to over 270 million euros. [2] Prize winners are the lot owners whose postal code, a code that forms part of the winners' residential address, has been drawn. Hence even if not participating one may still ...
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Some postcode areas straddle England's borders with Wales and Scotland. Examples of such postcodes include CH4 , SY10 , NP16 and TD15 . This has led to British Sky Broadcasting subscribers receiving the wrong BBC and ITV regions, and newly licensed radio amateurs being given incorrect call signs .
The match funding used to double donations comes from both philanthropic partners of The Big Give ('Champions') as well as a charity's own major supporters ('Pledgers'). Champions include The Reed Foundation, The Childhood Trust, Candis, The Garfield Weston Foundation, The People's Postcode Lottery and The Waterloo Foundation. [16]