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VOL. 40 | NO. 29 | Friday, July 15, 2016

Tennessee lottery's record sales mean $394M for education

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NASHVILLE (AP) — The Tennessee Education Lottery contributed $394 million to education programs for the fiscal year ending June 30, a record high contribution that is $46 million more than last year's record.

According to a news release, the lottery had over $1.6 billion in total sales last fiscal year, also a record. The lottery set monthly total sales records in 11 of the 12 months of fiscal year 2016 and set quarterly records for all four quarters.

Instant game sales brought in a record $1.3 billion in fiscal year 2016. Drawing-style game sales set a record of nearly $323 million. That record was fueled by an unprecedented $1.58 billion Powerball jackpot.

Total sales since the lottery's inception are more than $15 billion, and total contributions to education are more than $3.8 billion.

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TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0