Prize Club
The Settlement Prize Club
We run a Prize Club which gives cash prizes to its members and generates funds for the Settlement.
The Settlement is registered with North Hertfordshire District Council to run lotteries (Registration Number: LC/LOT 9282).
Membership
Open to anyone over 18 years of age. You do not have to be Member of the Settlement to take part.
Subscription
- The Prize Club runs from March to January of the following year.
- There are 10 monthly draws, with no draw in August.
- A share costs £10 per year, payable in advance.
- Part year shares are not available.
- There is no limit on the number of shares.
- Each share is eligible for the 10 draws in each Prize Club year.
- Each share will be allocated a number.
- All share numbers go into every draw.
Payment
- Payment should be made by 29 February 2024.
- Payment can be made by:
- Cheque payable to “The Settlement Prize Club”
- Credit or debit card payment via the Settlement Office
- Bank transfer to the following account:
Bank | NatWest |
Sort code | 60-13-08 |
Account number | 70564620 |
Account name | The Settlement Prize Club |
Please put your name as reference for the transfer |
- Whichever payment method is used, an application form should be completed and emailed (via info@letchworthsettlement.org.uk) to or handed into the Settlement office.
- Please note that if you have an existing standing order for your payment, you do not need to do anything as you will be automatically entered into the Club.
- Please also note that we do not accept payment by cash.
Prizes
- 50% of the annual subscriptions are used for prizes and the other 50% for the Settlement.
- Prize distribution is:
- 35% in ten monthly prizes (no draw in August)
- 5% in an additional prize in May
- 10% in an additional prize in November
- The number of subscriptions determine whether there is a single or multiple prizes each month.
- Prizes are paid by cheque.
Monthly draws
- Draws take place each month. The first one will be in March.
- Two of the Settlement trustees and/or members of staff conduct the draw.
- The details of the winners are put on the Common Room noticeboard.
- In the event of a dispute, the decision of the Settlement Committee is final.
January 2024