Transparency
Where your money goes
Every order is split by the same code that draws these bars, and each Draw Statement adds up the real orders afterwards. These are the live balances.
Ladder Fund
£268
Waiting to guarantee the next rung.
Prizes banked
£1,450
Guarantees for every draw that's open now.
Prize growth held
£0
The live top-ups on growing prizes.
Prize Safety Net
£195
Reserve backing every guarantee.
Last movement Sun 4 Oct, 10:51pm.
Ladder Fund for Rung 2
£268
target £500
Held in a separate Prize Trust account. Updates live as tickets sell.
Ladder rungs
Per £5 ticket on a rung from Rung 2 upwards.
£1
grows this prize
£2
banks the next prize
£2
runs Payperclip
See the full split, to the pennyHide the full split
- £1.00
This prize
Added live to this draw's prize, on top of the guarantee.
- £2.00
Next prize
Banked in the Prize Trust account. Becomes the next rung's guaranteed prize. It doesn't buy you an entry into it.
- £0.83
Safety net (pre-VAT)
We're below the VAT threshold, so this slice builds our Prize Safety Net and covers launch costs. It becomes VAT the day we register.
- £0.25
Payment & platform fees
Card processing, the website and age checks.
- £0.40
Running Payperclip
Live draws, support, legal and accounts.
- £0.35
Marketing
So more people join and the ladder climbs faster.
- £0.10
Prize Safety Net
A reserve that backs every guarantee. Balance published on the transparency page.
- £0.07
Profit
We're a business. We'd rather tell you than hide it.
Per £5 ticket. “Runs Payperclip” is everything that isn't a prize: the pre-VAT safety net, fees, running costs, marketing, the Prize Safety Net and profit. Shares are rounded to the penny; profit is whatever is left so the total always adds up exactly.
Side Trades
Per £2 ticket. Side Trade prizes are bought before the draw opens.
80p
pays for this prize
10p
pushes the paperclip
£1.10
runs Payperclip
See the full split, to the pennyHide the full split
- £0.80
The prize
Repays the prize, which was paid for and banked before this draw opened.
- £0.10
Next prize
Pushes the paperclip: goes into the Ladder Fund for the next rung.
- £0.33
Safety net (pre-VAT)
We're below the VAT threshold, so this slice builds our Prize Safety Net and covers launch costs. It becomes VAT the day we register.
- £0.12
Payment & platform fees
Card processing, the website and age checks.
- £0.16
Running Payperclip
Live draws, support, legal and accounts.
- £0.24
Marketing
So more people join and the ladder climbs faster.
- £0.04
Prize Safety Net
A reserve that backs every guarantee. Balance published on the transparency page.
- £0.21
Profit
We're a business. We'd rather tell you than hide it.
Per £2 ticket. “Runs Payperclip” is everything that isn't a prize: the pre-VAT safety net, fees, running costs, marketing, the Prize Safety Net and profit. Shares are rounded to the penny; profit is whatever is left so the total always adds up exactly.
The rules we hold ourselves to
- Prize first, tickets second. A draw can only go on sale once its guaranteed prize is in the Prize Trust account. The admin system refuses to publish a rung until the Ladder Fund covers it.
- The split is fixed per draw. Each draw stores its split when it's created. If we ever change the defaults, it only affects new draws, and we log the change publicly.
- The next prize is not a free ticket. The two fifths banked for the next rung guarantee that rung's prize. They don't give you an entry into it.
- VAT. We're below the VAT threshold right now, so the slice that will become VAT goes into the Prize Safety Net instead. The day we register, it goes to HMRC.
- Profit is the remainder. We don't round anything in our favour. Every slice is rounded to the penny, and profit is whatever is left, so the total is always exactly the ticket price.
After every draw we publish a Draw Statement that adds up the real orders: sales, prize paid, money moved to the Ladder Fund, fees, running costs, marketing and profit.
Recent money movements
| When | What | Amount |
|---|---|---|
| Sun 4 Oct, 10:51pm | Prize paidPrize paid: £100 Quickfire | £100.00 |
| Sun 4 Oct, 10:51pm | Ticket sale5 × £100 Quickfire: ladder +25p, prize growth +0p, safety net +93p | £5.00 |
| Sun 4 Oct, 10:51pm | Ticket sale8 × £100 Quickfire: ladder +40p, prize growth +0p, safety net +149p | £8.00 |
| Sun 4 Oct, 10:51pm | Ticket sale3 × £100 Quickfire: ladder +15p, prize growth +0p, safety net +56p | £3.00 |
| Sun 4 Oct, 10:51pm | Ticket sale6 × £100 Quickfire: ladder +30p, prize growth +0p, safety net +112p | £6.00 |
| Sun 4 Oct, 10:51pm | Ticket sale6 × £100 Quickfire: ladder +30p, prize growth +0p, safety net +112p | £6.00 |
| Sun 4 Oct, 10:51pm | Ticket sale10 × £100 Quickfire: ladder +50p, prize growth +0p, safety net +187p | £10.00 |
| Sun 4 Oct, 10:51pm | Ticket sale8 × £100 Quickfire: ladder +40p, prize growth +0p, safety net +149p | £8.00 |
| Sun 4 Oct, 10:51pm | Ticket sale10 × £100 Quickfire: ladder +50p, prize growth +0p, safety net +187p | £10.00 |
| Sun 4 Oct, 10:51pm | Ticket sale4 × £100 Quickfire: ladder +20p, prize growth +0p, safety net +75p | £4.00 |
| Sun 4 Oct, 10:51pm | Ticket sale10 × £100 Quickfire: ladder +50p, prize growth +0p, safety net +187p | £10.00 |
| Sun 4 Oct, 10:51pm | Ticket sale6 × £100 Quickfire: ladder +30p, prize growth +0p, safety net +112p | £6.00 |
| Sun 4 Oct, 10:51pm | Ticket sale7 × £100 Quickfire: ladder +35p, prize growth +0p, safety net +131p | £7.00 |
| Sun 4 Oct, 10:50pm | Ticket sale10 × £100 Quickfire: ladder +50p, prize growth +0p, safety net +187p | £10.00 |
| Sun 4 Oct, 10:50pm | Ticket sale7 × £100 Quickfire: ladder +35p, prize growth +0p, safety net +131p | £7.00 |