Published: August 10, 2023

Connecticut Lottery returns $412M to state in FY 2023

Connecticut Lottery Corp. said in an announcement Monday that it contributed $412 million to the state’s coffers during the recently ended fiscal year 2023.

The quasi-public state agency saw total sales of about $1.7 billion during the fiscal year, of which $1.1 billion was paid out to winning players. It generated more than $412 million in profits that led to a $404 million transfer to the state’s General Fund.

Over the last five years, the corporation has transferred $1.9 billion to the state’s General Fund.

Also, the corporation contributed $3.3 million in fiscal year 2023 to the state Department of Mental Health and Addiction Services’ Chronic Gamblers Treatment Rehabilitation account. It also paid $5.4 million to cover state regulatory costs.

In addition, the corporation paid more than $80 million in lottery retailer bonuses and commissions in fiscal year 2023.

“We are proud to continue to be a reliable source of funding for our state,” said Gregory Smith, president and CEO of the Connecticut Lottery. “These outstanding results would not be possible without our much-appreciated players and dedicated staff, retailers, retail sports wagering business partners, and the vendors who provide our gaming systems.”

The announcement came as Tuesday’s Mega Millions estimated jackpot increased to a potential record $1.55 billion.,paid%20out%20to%20winning%20players.

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