The Tennessee Education Lottery set a fiscal year record for the amount generated for education, transferring a total of $515,397,000 to initiatives that include scholarships, grants and after-school programs, lottery officials announced in a news release.

The new fiscal year (July 1, 2022 – June 30, 2023) record for total education funding surpassed the prior year by more than $29.8 million. For the past 10 years, Lottery for Education proceeds have increased an average of 4.5 percent annually.

Primary sales drivers during the past year include three mega-jackpot runs, the launch of popular new instant tickets, a third weekly Powerball drawing, the growth of Powerball Double Play, the addition of a third weekly drawing for Lotto America, and the launch of a new drawing-style game, Daily Tennessee Jackpot.

Since ticket sales began Jan. 20, 2004, a total of more than two million scholarships and grants have been awarded and the Lottery has raised a total of over $7 billion. Players have won a total of more than $19.2 billion in prizes and Lottery retailers have been paid more than $1.8 billion in retailer commissions.

“Students continue to win, thanks to an incredible Board of Directors, our network of more than 5,000 retailers, elected officials, enthusiastic players and a dedicated team of talented employees,” Lottery president and CEO Rebecca Paul said in the news release.

https://mainstreetmediatn.com/articles/cheathamcountyexchange/lottery-provides-more-than-5-1-million-for-education-in-tennessee-in-past-year/