“This year’s results are incredible news for students and families in Tennessee,” said Rebecca Paul, President and CEO of the Lottery. “It has been an outstanding year thanks to the support and hard work of so many, and we look forward to continuing this momentum for years to come.”

NEWS UPDATE      July 16, 2024

LOTTERY SETS NEW RECORD FOR EDUCATION FUNDING

IN TENNESSEE

More Than Half-a-Billion Raised During the Past Fiscal Year, More than $7.5 Billion in Total

NASHVILLE – The Tennessee Education Lottery has set yet another new Fiscal Year record for the amount generated for education, transferring a total of $519,322,000 to initiatives that include college scholarships, grants and after-school programs.

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 $7.5 billion.

 “This year’s results are incredible news for students and families in Tennessee,” said Rebecca Paul, President and CEO of the Lottery. “It has been an outstanding year thanks to the support and hard work of so many, and we look forward to continuing this momentum for years to come.”

The new fiscal year record (July 1, 2023 – June 30, 2024) for total education funding surpassed the prior year by nearly $4 million. In fact, for the past 10 years, Lottery for Education proceeds have increased an average of 4.5 percent annually.

Sales drivers during the past year include the sale of popular instant-ticket games, growth of our Cash 3 and Cash 4 games and large Powerball and Mega Millions jackpots. Since inception, players have won a total of more than $20.5 billion in prizes and Lottery retailers have been paid more than $1.9 billion in retailer commissions.

The Tennessee Education Lottery Corporation operates from the revenue it generates through the sale of its products. For more information, visit tnlottery.com.

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