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Last Updated: Wednesday, 5 July 2006, 14:04 GMT 15:04 UK
Athletes launch 2012 lottery draw
Jonathan Edwards, Sally Gunnell, Marlon Devonish, Sarah Bailey, and James Cracknell launch Dream Number
Olympic gold medallists helped launch the game
A host of Olympic champions have helped launch a new lottery draw to raise money for the 2012 Games in London.

Cash from Dream Number, which will be drawn twice a week, will be used to build new venues and the Olympic Village in Stratford, east London.

For a 1 ticket, prizes between 2 and 500,000 will be available when the Camelot-run game starts on 15 July.

Hurdler Sally Gunnell and rower James Cracknell were among those at the launch in central London.

Dream Number is the first lottery draw to raise money towards the cost of hosting the Olympics. Scratchcard sales are already ahead of target.

Camelot chief executive Dianne Thompson said sales of designated lottery games in support of the London Olympics had got off to a tremendous start.

She added: "We hope that Dream Number will prove equally inspiring to our players."

Themed games

Hosting the event is expected to cost 2.375bn, and the lottery games are thought to be vitally important to the fund-raising effort.

Overall, the lottery will give 1.5bn towards the 2012 Olympics, with 750m from themed games, making it the biggest source of public funding.

Money will also come from the International Olympic Committee, TV and marketing deals, sponsorship and official suppliers, ticket revenues and licensing.

London's council tax increase is expected to raise a further 625m, and the London Development Agency is to contribute 250m.


SEE ALSO
London unveils Olympic masterplan
07 Jun 06 |  Olympics 2012
Omega clocks up 2012 Olympic deal
16 May 06 |  Business
IOC pleased with London progress
21 Apr 06 |  Olympics 2012

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