Georgia Lottery sales rise in 2010

ATLANTA, Ga. – The Georgia Lottery Corporation has announced that for the twelfth year running it has generated increased sales figures and higher profits. In the fiscal year ending June 30th 2010, the Georgia Lottery made $3.6billion worth of sales.

In a statement the Georgia Lottery says that it transferred $883.9million of its profits to the State Treasury’s Lottery for Education Account in the fiscal year 2010, marking an increase of nearly $12million over the previous financial year.

Scratch card sales, as is the case for many lotteries, were excellent and the addition of the multi-state draw game Powerball to the Georgia Lottery’s product mix helped to maintain the excellent sales performance for the year.

The president of the Georgia Lottery, Margaret de Francisco was delighted with the continued growth of the lottery, she said in a statement, ““In light of challenges presented by the current economic climate, it is satisfying to see such positive results. We remain focused on our mission to maximize profits for HOPE Scholarships and Pre-K. We are incredibly proud and grateful that we were able to sustain growth and raise more dollars for these important educational programs.”

source: Atlanta Business Chronicle

Published: July 15, 2010

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