It distributes profits to a number of community beneficiaries, via both government departments and directly to not-for-profit organisations.

[1] Lotterywest is a statutory authority of the Government of Western Australia, under the Lotteries Commission Act 1990 (WA) and associated regulations.

[3] The state's hospitals and health services, the Department of Sport & Recreation and the Department of Culture & the Arts, and specifically the Perth Festival, are beneficiaries of Lotterywest funding as prescribed in the Lotteries Commission Act 1990.

[2] As well as these beneficiaries, Lotterywest makes grants directly available to not-for-profit community groups and local government authorities for charitable and benevolent purposes.

An additional amount up to 5% is specified in the act for the Perth Festival, awarded to the University of Western Australia, which runs the Festival, and for the support of the Western Australian film industry, which is given to Screenwest.