Prizes are paid as a lump sum (with the exception of the Set For Life which is paid over a set period) and are tax-free.
It is regulated by the Gambling Commission, and is currently operated by Camelot Group, to which the licence was granted in 1994, 2001 and again in 2007, but will be operated by Allwyn Entertainment Ltd from 2024. The National Lottery is the state- franchised national lottery established in 1994 in the United Kingdom.
