The Sydney Opera House Lottery sold 86.7 million tickets between 1957 and 1986 to raise $102 million to facilitate the construction of the national icon.

Could a similar lottery provide an alternative source of funding for struggling arts industry?

That's one proposal up for debate ahead of an arts tax summit later this month in New South Wales.

• Guest: Fiona Menzies, former head of Creative Partnerships Australia
• Producer: Grace Stranger