Ohio Lottery's annual profit exceeds $1 billion for the second year

Comment #3

GAman03 — Tue, 18 Jul 2017 17:34:24 GMT

I know a lot of fortunate students who receive scholarships for community colleges and universities. I don't know I guess it's just not a big news topic.

Comment #2

winsumloosesum — Tue, 18 Jul 2017 00:33:44 GMT

Wow that's a heck of a lot of money for education.

Anyone ask what it's used for? Or where the money is spent for education?

Hopefully to pay for college tuition for Ohio residents attending Ohio state colleges and universities.

Comment #1

GAman03 — Mon, 17 Jul 2017 14:16:27 GMT

Glad to see Ohio Lottery giving back to Ohio students. A wonderful accomplishment. I can't complain at all.

Ohio Lottery's annual profit exceeds $1 billion for the second year

Lottery Post — Mon, 17 Jul 2017 13:22:19 GMT

The Ohio Lottery reported a $1 billion profit for the second year, bolstered by high sales of two games, Keno and EZPlay QuicKeno.

Ticket sales of $3.05 billion were $59 million less compared to the last fiscal year, according to unaudited numbers for the year. But much of the prior fiscal year's increase was due to a record-setting $1.6 billion Powerball jackpot in January 2016.

Financial details will be presented today at the lottery commission meeting.

By law, all lottery profits go... [ More ]