The Digital, Culture, Media and Sport Committee has launched an inquiry into the future of the National Lottery in order to determine if changes are needed.
Camelot has held the licence to operate the National Lottery since 1994. Its current licence was awarded in 2009 and extended by four years. It is due to expire on 31 January 2023.
The licence is overseen by the Gambling Commission, and the competition for organisations wishing to run the National Lottery is expected to be launched in 2020.
The DCMS Committee is asking people to submit evidence about their experiences and ideas to raise more money for good causes, and is questioning if there is need for greater flexibility.
Damian Collins, Conservative MP and chair of the committee, said: “This autumn it will be 25 years since the National Lottery was launched, and in that time it has raised more than £39bn for good causes.
“A lot has changed since the first lottery draw was made in 1994, and this is the right moment to look at how the new licence should be awarded and managed. In particular, against a background of falling lottery receipts we want to consider the sustainability of the lottery.
“We also want to investigate whether changes to the lottery market, including the work of society lotteries, are having an impact on the way people choose spend their money.”
The deadline to submit evidence is 5pm on Friday 30 August.