Record Lottery Sales in Tennessee, Again

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The Tennessee Lottery says it had record sales last year in 2017-2018.

The lottery said in a statement that it had gross total sales of $1.7 billion last fiscal year. The statement says it will return nearly $422 million to education programs, which is 9 percent more than the previous fiscal year.

The state had record sales for both instant tickets and drawing-style games such as Powerball. Lottery President Rebecca Hargrove says the results are "incredible" and help the state provide a strong foundation for education.

The Tennessee Lottery has generated more than $4.6 billion for education in the state since it began on Jan. 20, 2004.

Looking Back:

The Tennessee Lottery returned a record $119 million for education funding during the first quarter of the year in 2016-2017, a 27 percent increase over the previous quarterly record.

Lottery-funded programs include 12 different scholarships and grants, multiple after-school programs, an energy-efficient schools program and Tennessee Promise, which offers eligible high school seniors the chance to go to community or technical college without paying tuition.

Lottery President and CEO Rebecca Hargrove said the record adds to what was already becoming an all-time high fiscal year. The previous record of $93.6 million was set during the third quarter of 2015.

The quarter also broke records for instant ticket sales with $355 million, draw-style sales at $125 million and the three top selling months for total sales since inception.

Source:

Partner Station WMSR

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