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LOTTERY SALES SURPASS $1 BILLION; EDUCATION CONTINUES TO WIN
Saturday, March 12, 2005
Media Contact:  Kym Gerlock
(615) 324-6556 Office
(615) 604-2827 Mobile
 

NASHVILLE - The Tennessee Lottery announced today that gross ticket sales have surpassed $1 billion after one year and seven weeks of ticket sales.

“This is terrific news for education,” said CEO and President Rebecca Paul. “Tennessee players have embraced this new way to raise dollars for education. This milestone represents an ongoing level of success that we are committed to continue.”

So what exactly is one billion? Here’s a few fun ways to consider the astronomical number:

One billion is one thousand million -- a one followed by nine zeros -- $1,000,000,000.00.
One billion 4” Tennessee Lottery instant tickets set end-to-end would be long enough to completely circle the earth two and one-half times.
If you counted from one to one billion, counting one number per second non-stop without breaking for sleep, you would be counting for over 31 years.
In addition to the $1 billion milestone, the Tennessee Lottery will soon share other exciting announcements, including details about its fourth computerized game, set to begin late spring, and the amount of its next transfer to the Lottery for Education Account on April 15.

“This will be an exciting year for players and students, so stay tuned,” said Paul.

The Tennessee Lottery began selling its first instant tickets on January 20, 2004. Proceeds as of December 31, 2004 have resulted in transfers to the Lottery for Education Account of $231.2 million, in addition to more than $2 million for after-school programs. All Lottery profits will go to pay for specific education programs in Tennessee, which initially include HOPE Scholarships.

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