- Changes made to address a £10bn charity funding shortfall
- UK Watchdog calls for more clarity on good causes funding
UK charity lottery annual sales limits rose to £50m from £10m Wednesday, a step long awaited by charities as they struggle with depleted coffers in the COVID-19 pandemic.
The limit on individual draw proceeds also rises to £5m from the previous £4m, and the maximum individual prize limit increases to £500,000 from £400,000.
The changes come as one report estimated that 10 percent of UK charities are facing bankruptcy by the end of the year, as demand grows for their services even as fundraising income drops in the coronavirus pandemic.
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