Lottery rules and lottery allocations
I. Division of UMFÍ’s lottery income
- 79% to member federations.
- 16% to UMFÍ.
- 5% to the UMFÍ Education and Project Fund, allocated according to the fund’s regulation.
II. Division of lottery income to UMFÍ’s member federations
The member federations’ share (79%) shall be divided as follows:
- 15% to running the regional offices of the regional sports federations.
- 85% to regional sports federations according to the number of residents aged 18 and under on 31 December of the previous year.
III. Rule on the allocation for running the regional offices of the regional sports federations
The allocation for running the regional offices of the regional sports federations is not subject to conditions.
IV. Rule on the allocation to member federations
A condition for each year’s allocation to member federations is that their representative attended the last Federation Congress/Federation Council Meeting. The share of those who do not attend is reduced, and the percentage is decided by the UMFÍ Board and announced with the notice of the meeting. The UMFÍ Board may also waive reductions for non-attendance if unexpected and unforeseen events occur (e.g. weather or accidents).
V. Allocation
Before the 15th of each month, all proceeds received for the previous month shall be allocated. Each payment shall be accompanied by a statement showing the basis for the allocation.
Reservation
If state funding for the regional offices of the regional sports federations is not extended, the continuation of the matter shall be decided at the Federation Council Meeting in 2026.
Figures published by Statistics Iceland in January each year shall be used, and payments made according to them for the rest of the year.
Approved at the 54th UMFÍ Federation Congress in Stykkishólmur in 2025.