Fla. Lottery's Success Good News for Schools

By: Associated Press
By: Associated Press

TALLAHASSEE, Fla. (AP) -- The Florida Lottery says it's wrapping up the most financially successful year in its 24-year history.

The state-created lottery boosted its sales to $4.45 billion for the past year, which is an increase of more than $440 million over the previous fiscal year.

A key to the increased sales was the popularity of scratch-off tickets. Lottery officials this past year introduced nearly 50-new scratch off games. The state also supported increased ticket prices and jackpots for Powerball, the multi-state lottery game.

The previous peak for the Florida Lottery was $4.2 billion back in 2008 but then sales dropped during the recession.

State officials estimate that the increased sales will result in $1.31 billion going to schools and to pay for programs such as the state's Bright Futures scholarship.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WTVY-TV 285 N Foster Street Dothan, AL 36303 334-792-3195
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 161302665 - wtvy.com/a?a=161302665