§ Ms ArmstrongTo ask the Chancellor of the Exchequer what has been the impact on the public balances of the income from the national lottery broken1262W down between moneys in taxation and moneys due to be allocated for good causes. [35532]
§ Mr. WaldegraveLatest outturn data show that the direct effects of the national lottery reduced the public sector borrowing requirement by £400 million in 1994–95. This was entirely on account of additional Government receipts of which lottery duty accounted for £100 million and the time delay between receipt of money for good causes into the national lottery distribution fund and its distribution accounted for a further £300 million. There may have been an indirect effect in the form of a small loss of tax yield, as a result of expenditure switching to the lottery, but this is difficult to quantify.