Camelot raised £1.75bn for National Lottery Good Causes for the year ending March 2014, a £200m dip on £1.95bn in the previous year.

To date Camelot has raised over £31bn for National Lottery Good causes over its 20-year history.

National Lottery ticket sales for the 2013/14 financial period hit £6.73bn, which Camelot said was the second-highest annual total since its launched in 1994.

However, sales of lottery tickets for all its games were down from the previous year of £6.98bn.

Camelot controversially increased the price of a ticket for its flagship Lotto game from £1 to £2 in October.

Andy Duncan, managing director of Camelot UK Lotteries Limited, said: “We’re delighted to have achieved our second-highest ever sales. We always said that matching the one-off performance of 2012/13 would be virtually impossible but to have very nearly done so – and without the feel-good factor of London 2012 and with far less luck on EuroMillions – underlines what a really good set of results this is. In particular, it’s great to see our flagship Lotto game back in year-on-year growth after a long period of sales decline and delivering substantially more money for the Good Causes.

“Having raised over £1.75bn for National Lottery projects and paid out over £3.6bn in prize money to our players during the year, we’re fulfilling The National Lottery’s promise to be truly life-changing.  The work we’re carrying out to transform our digital services across all channels – including the imminent launch of an entirely new online platform that will revolutionise the way players interact with our games across all devices – has already seen sales get off to a very positive start in 2014/15 and gives us an excellent platform to deliver even more for winners and society in the years to come.”