Illinois Lottery has ninth consecutive year of record sales and profits
CHICAGO, IL – In the fiscal year ending June 2011, the Illinois Lottery recorded its ninth consecutive year on year increase in revenue and money given to projects in the state.
According to a news release from the Illinois Lottery, nearly $700 million was allocated to schools, capital projects and other funds from the lottery.
Sales totalled $2.28 billion, a three per cent increase compared to the previous fiscal year. In the news release the Illinois Lottery said that sales revenue has increased 11 per cent over the past five years.
Of the near $700 million used to fund various projects across the state, $632m was given to the Common School Fund, $54m to the Capital Projects Fund, $4m to four different “cause specific” funds. These include $1.12 to a veterans fund, $750,000 to fight breast cancer, $900k towards people living with AIDS and $1.2m for fighting multiple sclerosis.
Scratch cards were the most popular games in the state, with $1.2 billion of total sales revenue coming from instant win games. In the final six months of the fiscal year, five were record sales months for instant games.
Published: August 16, 2011