Postcode Lottery
In short
The Postcode Lottery Group is a global social enterprise that manages charitable lotteries to fund various social causes. It is recognised as the third-largest private charity donor in the world.
In plain words
People play lotteries based on their home postcodes to win prizes. The money raised goes to help important causes like protecting nature, improving health, and supporting human rights.
A simple example
A person in a specific area buys a ticket, and if their postcode is drawn, they win money. A portion of that ticket price is then donated to a local charity.
Why it matters
It provides a massive, steady stream of funding for non-profit organisations. This support helps tackle global issues in culture, environment, and development aid.
Easy to mix up
Do not confuse this social enterprise with a standard national lottery, which usually funds the government or general prizes rather than specific charitable foundations.