A Chase the Ace lottery has maximum sales set to stay under the threshold for a Gambling Commission licence. Organisations will need to register with their local authority. Registration is not difficult and Ace Fundraising Ltd can advise and help you with this process. The cost of this licence is usually £40 and costs £20 each year to renew.
No, we provide this on your behalf and cover all of the costs for payment approval, fraud detection and payment handling all included within our fees.
The jackpot is 30% of the weekly ticket sales so this can vary each week. Ticket sales of 1000 would give a jackpot of £300. Sell 4000 and the jackpot is £1200 The jackpot is won every week.
The maximum amount that can be won from a single ticket is £25,000. This is the jackpot and rollover added together. If any prize fund added together goes beyond this amount the excess will automatically go to the good cause running the lottery.
There are no upfront fees. (other than local authority registration)
No, your lottery is separate to all others and has its own jackpot and rollover based upon your ticket sales only.
There is a return to be made for every lottery that must be submitted to your local authority. This information will be provided to you after every lottery and may be submitted on your behalf where this is allowed by Ace Fundraising Ltd.
There should in normal circumstances be no further costs arising from our service except in the rare event that fraud or card chargebacks for disputed or failed payments result in excess charges being levied on Ace Fundraising Ltd by our payment handling providers. In that event those costs will be notified to you and will be charged at cost.
All players must be 16 years or older to play, any plays by a person under the age of 16 are void and no refund will be made.
In most instances a player can play from overseas although some countries do not allow gambling online and you need to be aware of the laws in the country you wish to play from if you are outside the UK.