It's the 12th consecutive year that proceeds from the Lottery generated more than a billion dollars to benefit senior programs, officials announced Wednesday
MIDDLETOWN, Pa. — The Pennsylvania Lottery generated a profit of more than $1.1 billion to benefit older Pennsylvania residents during the 2022-23 fiscal year, lottery officials announced Wednesday.
This is the 12th consecutive year the Lottery has generated more than $1 billion for senior programs, which include property tax and rent rebates, free and reduced-fare transportation, prescription assistance, and more, the Lottery said in a press release.
The profit was driven by the Lottery selling a total of $4.98 billion in traditional games, which include Scratch-Off tickets and Draw Games, such as Powerball® and Mega Millions®.
The Lottery’s online games also generated $922.7 million in sales, officials said. Online games continue to be very popular with players since their launch in May 2018.
“This fiscal year was the second-best for total sales in the Lottery’s more than 50-year history,” said Secretary of Revenue Pat Browne. “The Pennsylvania Lottery takes great pride in the fact that it’s the only Lottery in the U.S. that dedicates all of its proceeds to benefit older residents.
"The Lottery is already hard at work looking for new and innovative ways to continue responsibly generating funds for programs that so many older Pennsylvanians rely on each day.”
Here are some other overall highlights from the fiscal year that ran from July 1, 2022, to June 30, 2023, according to the Lottery:
The Pennsylvania Lottery operates as a bureau within the Pennsylvania Department of Revenue. Financial statements are available at palottery.com, under Annual Sales & Benefit Reports.
https://www.fox43.com/article/news/lottery/pennsylvania-lottery-2022-23-fiscal-year-profit-announcement/521-4300951d-848b-48f4-83e3-440a56c7d653#:~:text=The%20profit%20was%20driven%20by,million%20in%20sales%2C%20officials%20said.