State Receives Record Payout from Lottery
The Hoosier Lottery transferred a record amount of money to the state of Indiana during fiscal year 2019, which ended on June 30. The lottery says $312 million in surplus revenue was generated by a record $1.3 billion in sales of scratch-off games and other lottery products.
Hoosier Lottery Executive Director Sarah Taylor said multiple large jackpots on the nationwide Powerball and Mega Millions games helped boost ticket sales.
The lottery says 72% of revenue was generated by different Scratch-off games and 28% was from draw games including Powerball and Mega Millions as well as Indiana’s own Hoosier Lotto, Daily 3 and Daily 4.
“The mission of the Hoosier Lottery is to return maximum net income to the state in a socially responsible manner,” said Lottery Commission Chairman Bill Zielke.
The Hoosier Lottery says it contributes $30 million to local police and firefighters' pensions and $30 million to the Teachers' Retirement Fund.
“Thanks to the hard work of our Lottery team, we continue to provide funds for those programs selected by our legislators that support our retired teachers, police officers and firefighters as well as reduce auto excise taxes for all Hoosier vehicle owners,” Zielke said.