Until 2006, money also goes to the Millennium Commission, which has supported the Eden Project and the much-criticised Millennium Dome at Greenwich.
The Millennium Commission, which was responsible for the Dome and other more successful regeneration projects said that the decision would not affect them.
The remainder of the money was to have come from a range of sources including the International Fund for Ireland, the Millennium Commission as well as private finance.
Carmarthenshire County Council, the Millennium Commission and the Welsh Assembly Government all contributed to the package which helped save it, and it has now celebrated its fifth birthday.
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The botanic garden has been in talks with the assembly government - as well as Carmarthenshire Council and the Millennium Commission - to try to secure its future.
The assembly government, Carmarthenshire Council and Millennium Commission came to the rescue at the eleventh hour on the understanding there would be a change in management and direction.
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The First Minister said he was not going to commit to such subsidies, but said he has not closed the door on reaching an agreement with the Millennium Commission.
The news follows a meeting of trustees on Thursday during which a rescue package began to emerge which would involve - among others - Carmarthenshire County Council and the Millennium Commission.
Although the Dome attracted more than six million visitors to Greenwich, its finances were based on 12 million visits and organisers had continually to ask for more lottery funds from the Millennium Commission.
The development is the latest Millennium Commission-funded project to be surrounded in controversy, following the financial woes of the Dome and the structural problems of the Millennium Bridge, which was designed by Lord Foster, the architect of the British Museum's new glass roof.
Yet the forecasts were, in effect, also endorsed by the commission, which approves grants not just for the Dome but for any millennium project eligible for lottery money.
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The Broadband Commission Report emphasized the importance of broadband as a means of accelerating progress towards the Millennium Development Goal of Universal Primary Education and the Education for All goals.
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