A fundamental creation of the Lotteries law is the distribution trust fund. This fund comprises of all revenue generated by the Board from various aspects of lotteries; this includes: licence fee, state royalty tax, good causes contribution and draw levies. The Board holds the fund in trust for identified objectives.

The ‘good cause’ objectives identified by the Law are:
• Infrastructural objectives
• Educational Objectives
• Environmental Objectives
• Social and Health related objectives

All revenue in the distribution trust fund is applied to these objectives either through good causes projects or grants. A certain percentage of the fund will also be applied to other good causes projects by the Governor of Lagos State in consultation with the Board