NASHVILLE - The Tennessee Education Lottery today marks its two-year anniversary with an estimated one-half billion raised for education and an optimistic outlook for the year ahead.
“So many exciting things have happened since we began selling tickets two years ago,” said Rebecca Paul, CEO and President of the Tennessee Lottery. “Not only have we raised over a half-billion for education and created new opportunities for students and families, but we’ve also provided millions of dollars to players and retailers.”
Lottery ticket sales are used to provide scholarships to higher education institutions in Tennessee, in addition to funds raised for after-school and pre-kindergarten programs.
"In less than two years since the first awards were made, more than 60,000 students have benefited from Lottery scholarships and grants," said Dr. Robert Ruble, executive director of the Tennessee Student Assistance Corporation.
"In addition to keeping the best and brightest students in Tennessee, the success of the Lottery is improving the lives of so many in the state who otherwise might not have the opportunity to pursue their educational goals."
Here’s a few details and fun facts about the Lottery’s first two calendar years (estimates through close of business, Jan. 19, 2006)
*Nearly $1.8 billion in gross ticket sales
*More than $492 million estimated for the Lottery for Education Account
*Nearly $9 million deposited for after-school programs
*Over $1 billion in prizes won by players
*Nearly $117 million paid in retailer commissions
*Approximately 60,000 awards given to students attending higher education institutions in the state
*Top Prize Paid to a Single Winner: $25.5 million (Powerball jackpot)
*Number of winners of $50,000 and up: 311
*Number of Instant Games Launched: 83
*Number of computerized games launched: 4 (Cash 3, Powerball, Lotto 5, Cash 4)
*Top 10 Counties Based on % of Total Sales: Shelby, Davidson, Knox, Hamilton, Rutherford, Madison, Lincoln, Sumner, Sevier, Giles
Top 10 Retailers: The Ardmore Exchange, Ardmore; HP Max Fuel, Ardmore; True Discount Tobacco Outlet, Ardmore; TNT Beer and Tobacco, Ardmore; Ardmore Exxon, Ardmore; Charlotte Ave. Market, Nashville; Chief’s Bar-B-Q, Iron City; Ivey Produce, Fayetteville; Elvis Presley Amoco, Memphis; State Line Station, Saint Joseph.
For more information about the Tennessee Education Lottery, please visit www.tnlottery.com. For information about Lottery-funded scholarships, visit www.collegepaystn.com.
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