TN Lottery's Record Sales Mean $394M For Education

Posted at 7:58 AM, Jul 19, 2016
and last updated 2016-07-19 08:59:33-04

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.

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.