November 16, 2021
FOR 17TH CONSECUTIVE YEAR TENNESSEE LOTTERY’S ANNUAL COMPTROLLER AUDIT CONTAINS NO FINDINGS
NASHVILLE – The Tennessee State Comptroller’s annual financial and compliance audit of the Tennessee Education Lottery Corporation (TEL) contains no findings for the 17th consecutive year.
“For the 17th consecutive year the TEL has received a clean audit report from state auditors. In addition, the Lottery has generated more than $6 billion for education in Tennessee,” TEL Board of Directors Chairman Will Carver said. “The audit results show the TEL has pursued its mission in an efficient and effective manner, and as board chair, I want to thank the TEL’s leadership team and dedicated staff for their work on behalf of education in the State of Tennessee.”
The audit covers the period from July 1, 2020 through June 30, 2021. The complete FY21 Audit Report is posted at: https://comptroller.tn.gov/content/dam/cot/sa/advanced-search/disclaimer/2021/ag22012.pdf.
About the Tennessee Education Lottery Corporation
The Tennessee Education Lottery Corporation operates entirely from the revenue it generates through the sale of its products. Since January 20, 2004, the Lottery has raised more than $6 billion to fund designated education programs, including college grants, scholarships, Drive to 55 initiatives and after-school programs. In addition to the educational beneficiaries, players have won more than $16.8 billion in prizes and Lottery retailers have earned more than $1.6 billion in commissions.
For additional information, visit tnlottery.com and follow the TEL on Facebook, Twitter & Instagram.