N.C. Lottery achieves record sales in 2010

RALEIGH, N.C. – All over North Carolina, keen lottery players helped the N.C. Education Lottery to generate record sales figures for the fiscal year ending June 30th 2010. Sales reached a record total of $1.42billion, up 10 per cent on the previous fiscal year.

According to lottery officials this is the fourth straight year that the lottery has achieved record sales and they are looking to increase the figures once again over the current fiscal year.

The introduction of Mega Millions and the fact that there are now more lottery retailers than ever before throughout North Carolina are seen as key reasons for the excellent fiscal year performance and continued sales improvements.

Executive Director of the lottery, Tom Shaheen said, “We’re pleased that the lottery continues to grow as our games become more popular with both players and the retailers who sell our tickets.”

In terms of prize money, nearly 60 per cent of total revenue, or $835 million went towards the lottery’s prize fund for the year. Another 30 per cent, $430million went to educational institutes and projects across the state. Since the North Carolina Education Lottery was founded in March 2006 over $1.5 billion has been raised for education.

The highest spending county on lottery products was Wake with $120 million of spending; unsurprising really as this county s where the state capital is located. Spending on lottery games per capita was highest in Nash county, where the average person spends $404 on lottery products each year, or 3.19 per cent of their income.

In total, there are 6,267 retail locations state wide where you can purchase North Carolina Education Lottery products.

Published: August 10, 2010

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