**********************"Georgia Lottery Shows Record Profits"******************
Although Georgia wins have been scarce, look what the Ga Lottery is doing for the state of Georgia.
Don't get me wrong, I'm not against increased profits for education, but the following would not have occurred had it not been due to people being driven desperate due to the economy.
With that being said, I'm sure you all agree it's time to give a little back to those that help fund the Georgia Lottery.
Trips are long overdue!!!!!!!!!
Georgia Lottery shows record profits
By Larry Hartstein
The Atlanta Journal-Constitution
The Georgia Lottery took in more than $3.6 billion in the fiscal year that ended June 30, generating an increased profit for a record 12th straight year.
The lottery transferred $883,878,000 in profit to the state for education, more than $11.7 million more than last fiscal year. The addition of Powerball, the Atlanta Falcons-themed instant game and other games contributed to the lottery's continued growth.
Lottery officials said Georgia is the only traditional U.S. lottery to show 12 straight years of growth in profits.
"We remain focused on our mission to maximize profits for HOPE Scholarships and Pre-K," Georgia Lottery President and CEO Margaret DeFrancisco said. "We are incredibly proud and grateful that we were able to sustain growth and raise more dollars for these important educational programs."
Most of the remaining $2.7 billion in sales went to prize payouts, plus retailers' commissions and lottery operating costs, officials said.
Overall, the Georgia Lottery has returned more than $11.9 billion to the state for education.