“These results are great news for students and education in Tennessee,” said Rebecca Hargrove, President and CEO of the Tennessee Lottery. “The Lottery continues its commitment to success, and we are off to a strong start to this 15th fiscal year.”
FOR IMMEDIATE RELEASE
October 16, 2018
LOTTERY’S 1st QUARTER PROCEEDS BRING TOTAL RAISED FOR EDUCATION TO MORE THAN $4.7 BILLION
NASHVILLE— The Tennessee Education Lottery Corporation has announced its first-quarter transfer to education of more than $98 million, which brings the total raised since inception to more than $4.7 billion. Total sales and total proceeds for education for the period of July 1, 2018, through Sept. 30, 2018, were the second highest for this period since the Lottery began on Jan. 20, 2004.
“These results are great news for students and education in Tennessee,” said Rebecca Hargrove, President and CEO of the Tennessee Lottery. “The Lottery continues its commitment to success, and we are off to a strong start to this 15th fiscal year.”
Additional highlights from the first quarter include instant ticket sales of$342.1 million—the highest first quarter since inception—and total sales of $418.1 million, the second highest for any first quarter since inception.
More than 130,000 students benefited from Lottery-funded programs during the past academic year, and more than 1.3 million scholarships and grants have been awarded since 2004. In addition to the educational beneficiaries, players have won more than $12.9 billion in prizes and Lottery retailers have earned more than $1.2 billion in retailer commissions since inception.
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