Olympic lottery

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The Olympic Lottery was a final number lottery that was carried out from 1967 to 1974 in the Federal Republic of Germany to finance the 1972 Summer Olympics in Munich . It was implemented as an additional lottery on the tickets of the German lottery and toto companies . In total, the proceeds from the Olympic lottery amounted to 252 million DM. The Olympic lottery was replaced by the game 77 in 1975 .

history

Kiel: the ten millionth buyer of a lottery ticket is outweighed by Lord Mayor Günther Bantzer (right) in groschen (1971)

Just a few weeks after the decision of the International Olympic Committee to host the 1972 Olympic Games in Munich, the Prime Ministers of the federal states discussed on July 14, 1966, on the proposal of the Organizing Committee , the implementation of an Olympic lottery to partially finance the planned construction work. Based on experience from previous lotteries, it was assumed that such a lottery could generate a profit of 250 million DM. 90% of this income should go to the construction work in Munich and 10% to finance the facilities in Kiel . This distribution key was based on the costs projected at the time.

In order to raise this amount through a lottery, a few approaches were discussed below:

  • a reduction of the lottery and toto distributions by around 1% with a simultaneous reduction in the odds
  • a price increase of 10 pfennigs ("Olympic groschen") on every ticket with no additional chance of winning
  • the implementation of another, independent lottery

However, these considerations were rejected again (although the third proposal was taken up again a few years later with the spiral of luck ) and a compromise solution was decided: an additional, but not independent lottery with its own chances of winning. Participation was linked to the existing weekly lotteries of the German Lotto and Toto companies, with every ticket also taking part in the Olympic lottery. The registration number printed on the ticket was also the ticket number for the Olympic lottery. In this way, management fees could be kept low. The price for this participation was set at 10 pfennigs.

This proposal was submitted to the finance ministers of the federal states on March 30, 1967, to the interior ministers of the federal states on May 11, 1967 and finally to the prime ministers of the federal states on June 2, 1967, and approved by them. The lottery and toto companies were entrusted with the technical implementation. The drawing of the first winning numbers of the Olympic lottery was carried out publicly on October 7, 1967 on ZDF in addition to the drawing of the lottery numbers . The draws later took place in the current ZDF sports studio .

However, since it soon became foreseeable that the current income from the Olympic lottery would not be sufficient to finance the construction work, the finance ministers of the federal states decided on July 2, 1969 to extend the term of the Olympic lottery until the expected income of 250 million DM had been applied. This ensured that there was no loss of income. The last drawing of the winning numbers took place on August 31, 1974.

Since January 4, 1975, the German Lotto and Totoblock has been offering Spiel 77 as an additional lottery instead of the Olympic lottery .

Prize tiers

In every Olympic lottery drawing, a four-digit number was drawn with the help of a drawing machine. The prize category was then determined by comparing the final digits of the registration number of the ticket with the number drawn. There were two prize categories:

Prize class Requirement Chance of winning distribution
Class I.   4 correct final digits     1: 10,000 (0.01%)   50 DM and participation in the raffle for higher prizes
Class II   3 correct final digits     1: 1,000 (0.1%)   5 DM

Income

Period Yield
until March 1968 approx. 17 million DM
until December 1968 approx. 46 million DM
until December 1969 approx. 85 million DM
until December 1970 approx. 123 million DM
until December 1972 approx. 200 million DM
until August 1974 approx. 252 million DM

The proceeds of the Olympic lottery were collected in special accounts of the Bavarian State Ministry of Finance and the Ministry of Finance of the State of Schleswig-Holstein and were used directly to finance the Olympic construction work. The average monthly income was around 3 million DM. By August 31, 1974, a total of around 252 million DM had been earned. From this amount were

  • about 231 million DM of the Olympic construction company in Munich and
  • about 20 million DM from the city of Kiel

Allocated to finance Olympic-related investments. The allocation key was determined by mutual agreement of the parties based on the Olympic-related investment costs at 92% (Munich) to 8% (Kiel). After some of the income came in after the construction work was completed, the companies had to advance the deficit, which was then continuously paid off.

In total, the income from the Olympic lottery covered a share of around 13% of the total financial requirements for holding the Olympic Games of almost DM 2 billion. After the proceeds from the sale of the Olympic commemorative coins , this was the second largest source of income.

literature

  • Organizing Committee for the Games of the XX. Olympiade Munich 1972 (Ed.): The Games - The official report of the Organizing Committee for the Games of the XX. Olympiad Munich 1972 . Volume I: The organization. pro Sport Munich, 1972 (English, online [PDF; 21.6 MB ]).

Individual evidence

  1. ↑ a b c d e The games. Volume I: The organization, p. 69
  2. ↑ a b Video Olympic Lottery: Glücksfee Emil Müller (June 28, 2013, 12:00 a.m., 3:28 min., Recording by the current sports studio from April 27, 1968)  in the ZDFmediathek , accessed on November 1, 2013 .
  3. ↑ a b Preparation and overall financing of the 1972 Olympic Games (PDF; 509 kB), Bundestag printed matter VI / 382, ​​February 12, 1970, p. 9
  4. ↑ Wolfgang Maennig: Special funding for large events - Manna from heaven? In: Economic Service . No. 6 , 2003, p. 393 .
  5. ↑ Winning Numbers & Odds. Staatliche Toto-Lotto GmbH Baden-Württemberg, accessed on November 8, 2013 (download archive).
  6. ↑ Overall financing of the 1972 Olympic Games (PDF; 261 kB), Bundestag printed matter V / 2796, March 29, 1968, p. 4
  7. ↑ Overall financing of the 1972 Olympic Games (PDF; 502 kB), Bundestag printed matter V / 3789, January 30, 1969, p. 8
  8. ^ Preparation and overall financing of the 1972 Olympic Games (PDF; 877 kB), Bundestag printed matter VI / 1968, March 13, 1971, p. 12
  9. ^ German Bundestag (PDF; 2.9 MB), 12th session, Bonn, Thursday, February 1, 1973, p. 465
  10. ↑ a b c Information from the Federal Government regarding the overall financing of the 1972 Olympic Games (PDF; 877 kB), Bundestag printed matter 7/3066, January 19, 1975, p. 35
  11. ↑ The Games. Volume I: The organization, p. 52

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