Lotterywest has today announced a $17.5 million COVID-19 Retailer Incentive Package for its retail outlets.
The COVID-19 Retailer Incentive Package includes a $30,000 incentive payment to more than 500 retail outlets, which will be paid in three $10,000 monthly instalments commencing in April 2020.
This incentive is designed to assist retailers and their lottery business, over future months.
Lotterywest CEO Susan Hunt PSM said the package also includes a fee abatement, which will see terminal fees and the service fee removed for a 6 month period, also commencing in April.
“Lotterywest retailers are so important to our business success, and we are committed to supporting them during these challenging times,” Ms Hunt said.
“To fast track this process retailers don’t need to do anything to access these funds, we will simply implement this starting on Wednesday 8 April.
“Our aim is to continue a strong return for the WA community, and supporting the 500-plus small businesses who sell our games to make this possible.
Lotterywest has prioritised $159 million to a COVID-19 Relief Fund, announced by the Premier earlier today. The fund will assist eligible not-for-profit organisations with costs related to increased demand for food, clothing, shelter and other critical needs.
“The profit Lotterywest makes from its games from now on, excluding statutory grants, will go directly into a newly created COVID-19 Relief Fund,” Ms Hunt said.
$59 million will be immediately available for crisis relief for organisations, helping those experiencing hardships, and up to $100 million additional funds are to be raised through Lotterywest sales.
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