Paper Reporting Forms

No, only one lottery bank account is needed; however, you must deposit the proceeds from each licence separately (on separate deposit slips) so that we can clearly identify the deposit from each specific licence.

The funds raised under an LGCA licence must be disbursed directly from the lottery bank account. Transfers are not allowed. We do make exceptions, but approval is not guaranteed. Requests are considered on an individual basis, and will include a review of your organization’s past financial reporting practices. If the request is granted, increased reporting requirements will be imposed and may include the submission of an independent audited financial statement.

You only need to send the LGCA financial reports provided with your licence, unless you have entered into an agreement with us that requires additional reporting. In this case, the LGCA only accepts independent audited financial statements, which means that the statements must be prepared and signed by a designated accountant who is not a member of the organization.

If the president is away, the designated authority in your organization may sign the report in the space provided for the president’s signature. This usually means the vice-president or another executive member. Many organizations have signed up to use our electronic reporting tool so that they don’t have the trouble of getting signatures for every report.

Yes. While there will be no sales to report, you may have written cheques during this time. Also, there are often service charges and interest credits that have occurred in the lottery account and this activity must be reported as well.

The preferred method of replenishing or topping up the float is to write a cheque on the lottery bank account for the amount that you need. You should avoid holding back $100 from the next event in order to make up the float in case your next event does not make enough profit to allow the full amount to be replaced.