Tennessee Lottery: Tennessee Lottery Sales Pass $1 Billion
The Tennessee Lottery announced today that gross ticket sales have surpassed $1 billion after one year and seven weeks of ticket sales.
This is terrific news for education, said CEO and President Rebecca Paul. Tennessee players have embraced this new way to raise dollars for education. This milestone represents an ongoing level of success that we are committed to continue.
Lottery officials said they soon will start their fourth computerized game, set to begin late spring. The new game is said to be a Pick 4-style game.
This will be an exciting year for players and students, so stay tuned, said Paul.
The Tennessee Lottery began selling its first instant tickets on January 20, 2004. Proceeds as of December 31, 2004 have resulted in transfers to the Lottery for Education Account of $231.2 million, in addition to more than $2 million for after-school programs. All Lottery profits will go to pay for specific education programs in Tennessee, which initially include HOPE Scholarships.