Irish Lottery: History and Betting Visit Save For Later Posted by Anna Richardson 10 Jul 2007 Tweet Irish Lucky Numbers Related Articles See all Irish Lottery news Share it Pin It The Irish Lottery is one of the longest established European lotteries. Several online bookies offer betting on the Irish Lottery including Paddypower and Ladbrokes. An Post National Lottery Company (Irish Comhlacht Chrannchur Náisiúnta An Post) has the license of the National Lottery of the Republic of Ireland. The company was founded by its parent company An Post under a license issued by the Minister for Finance under the National Lottery Act, 1986. The company is owned jointly by An Post (20%) and the Minister for Finance (80%). Ray Bates directed the National Lottery from its inception in 1987 until his retirement in early 2006. His former chief operating officer, Dermot Griffin, succeeded him as National Lottery director. An Post obtained the license and commenced operations in 1987. An Post has retained the license in every bid process since then, and will retain the current license until December 31, 2008 unless the Minister for Finance revokes the license before that time. The "National Lottery Fund" is an account kept at the Central Bank of Ireland. It is used to fulfill the primary objective of the company, which is the funding of good causes. The surplus is paid to the account annually, and the funds are distributed both to private and public projects by the Minister for Finance. The National Lottery began operations on March 23, 1987 when the company launched its first scratch cards. Since then, the National Lottery has expanded its games to include lottery drawings, television bingo, and television game shows. The Lotto family of games - Lotto, Lotto Plus, and Lotto 5-4-3-2-1 -- accounted for 61% of sales in 2005, while instant scratch card games accounted for 26% of sales. All prizes won in National Lottery games are paid as tax-free lump sums. You can bet on the Irish Lottery online at Ladbrokes.com and PaddyPower For example with PaddyPower you can play "Irish Lucky Numbers" where you can bet on all three draws and nominate between 1 and 5 numbers. The Irish lucky numbers game is based on the official Irish National Lottery Draw. There are a total of three draws each Wednesday and Saturday evening. Customers can bet up until 7.30pm GMT. The draw takes place on RTE at 8pm. Like Like Post to wall 5046 Reads All Lottery News Recent Lottery Articles BetFred Irish Lottery Price Boost - Get a Christmas bonus from Fred!23 Dec 2010BetFred are increasing the odds on three numbers in the Irish Lottery to a massive 625/1 Paddy Power Punter Wins Lottery Jackpot12 Sep 2010'Lucky numbers' net Irish punter almost €300,000 Irish Lottery Results 6th Feb 201006 Feb 2010The Irish Lottery results for Saturday 6th Feburary are in Irish Lottery Results Saturday 16 January 201016 Jan 2010Here are the results for the Saturday 16 January 2010 Irish Lottery Irish Lottery Draw for Saturday, 8th September24 Oct 2007The Irish Lottery Draw for Saturday, 8th September had a jackpot of â‚8,863,478. There were n Irish Lottery Draw for Wednesday, 5th September24 Oct 2007The Irish Lottery Draw for Wednesday, 5th September had a jackpot of â‚7,692,058. There were More Stories Recent Articles French Open Money Back at Coral26 May 2012Coral bookmakers are running a money back promotion for the 2012 French Open, called “Second Chance Belgrano v Racing Club live stream preview26 May 2012Belgrano play host to Racing Club in Argentina's Clausura tonight. Norway v England Enhanced Odds at William Hill26 May 2012William Hill have confirmed their Match Winner special for tonight’s international friendly between England v Barbarians Live Streaming - Wade set for England debut26 May 2012England and Barbarians will meet in a non-cap Test match at Twickenham on Sunday with Wasps winger USA v Scotland Top Price Offer at Betfred26 May 2012Betfred are offering a Top Industry Price promotion for the international friendly between the Unit Norway v England Cashback at Coral26 May 2012Coral bookmakers are running a cashback special on today’s international friendly between Norway an More Stories Tags Irish Lottery, Irish Lucky Numbers