Tennessee Lottery Sets New Record

Jul 20, 2016 at 03:49 pm by bryan


The Tennessee Education Lottery contributed $394 million to education programs for the fiscal year ending June 30, a record high contribution that is $46 million more than last year's record.

According to a news release, the lottery had over $1.6 billion in total sales last fiscal year, also a record. The lottery set monthly total sales records in 11 of the 12 months of fiscal year 2016 and set quarterly records for all four quarters.

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Instant game sales brought in a record $1.3 billion in fiscal year 2016. Drawing-style game sales set a record of nearly $323 million. That record was fueled by an unprecedented $1.58 billion Powerball jackpot.

Total sales since the lottery's inception are more than $15 billion, and total contributions to education are more than $3.8 billion.

Source:

Partner Station WMSR

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