NASHVILLE - The Tennessee Lottery marked its 12 year anniversary today with the announcement of another record quarter and a total of more than $3.6 billion for education. The Lottery’s stellar performance—growth every year since inception—is thought to be a U.S. record for consecutive years of sales growth, continuing its place as one of the top organizations in the industry.
“These achievements are only possible with the support from enthusiastic players, the hard work of over 5,000 retailers statewide, the guidance of our board of directors, from our very first board to our current members, and the hard work and commitment of our employees,” said Rebecca Hargrove, President and CEO of the Tennessee Education Lottery Corporation (TELC). “Our success is vital to the students and families of Tennessee, and we’re dedicated to making sure the years ahead prove just as successful.”
Since the first awards were given in the fall of 2004, Lottery-funded programs have grown to include 12 different scholarships and grants, multiple after-school programs, an energy-efficient schools program, and the recent Tennessee Promise initiative. And during the 2015-2016 academic year, the number of Lottery-funded scholarships and grants reached over one million.
Currently for Fiscal Year 2016, total sales of $886.1 million are $115 million, or 15%, ahead of last year. Additional details, since Jan. 20, 2004:
• More than $14.26 billion in gross ticket sales
• More than $9.7 billion in prizes won by players
• More than $930 million paid in retailer commissions
• 181 winning tickets worth $1 million or more
A key component of the Lottery’s success is meeting evolving consumer demand by continuing to launch innovative, fun games, and offering new platforms such as:
• Phone apps that allow players to scan tickets to see if they are winners
• Stand-alone “ticket checkers” at retailers throughout the state
• Digital display signage
• VIP Players Suite, a players’ affinity club
For more information about the Tennessee Education Lottery Corporation, please visit www.tnlottery.com.
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