North Carolina lottery sets sales record
RALEIGH, N.C. – The North Carolina Education Lottery saw sales revenue for fiscal year 2010 increase by 10 per cent on the previous fiscal year. The addition of more retail locations and weekly jackpot draws are seen as key reasons for this increase, especially in such tough financial times.
Yesterday the lottery announced that sales grew to more than $1.4billion during the fiscal year ending June 30th 2010. The record revenue helped to increase profits and therefore saw educational establishments in the state benefit with $419million transferred to education programs.
The total amount transferred to education by the lottery is also a new record.
The lottery began selling tickets for the multistate Mega Millions game in January, with drawings on Tuesday and Friday nights. North Carolina already participated in the Powerball drawings.
There was also a 4 percent increase in the number of locations where tickets are sold. The statewide total is nearly 6,300.
Published: July 20, 2010