Annual Report on the Kentucky Lottery

Screen Shot 2014-03-04 at 6.07.38 PMFor fiscal year 2013, the Kentucky Lottery achieved record-breaking sales and dividends.

Sales ended the year at $846,6 million. Sales of the draw games grew to $324.4 million, a $6.8 million increase from the previous fiscal year. Scratch-off ticket sales grew as well to a record-breaking $522.2 million, a $16.3 million increase. Kentucky’s players received record prizes of $494.9 million, and KLC retailers enjoyed record-breaking commissions of $52.2 million. Much of these funds were re-circulated in the Kentucky economy.

Most importantly, dividends to the scholarship, grant, other higher education, and literacy programs rose 2% to $223.8 million (compared to $216.4 million in FY12). This includes $9.2 million unclaimed prizes, which are directed by law to the KEES scholarship reserve fund.

As a direct result of Kentucky lottery tickets purchased in FY13, 118,000 grants and scholarships worth $189 million were awarded to some of our state’s best and brightest students. The highly successful merit-based KEES (Kentucky Educational Excellence Scholarship) program and a pair of need-based programs have provided more than 1.5 million grants and scholarships worth nearly $2 billion since the lottery began funding these programs on a graduated basis in 1999.

Screen Shot 2014-03-04 at 5.27.23 PMAlso included in the Kentucky Lottery’s annual report is information about The Kentucky Council on Problem Gambling.  For information, contact 1-800-GAMBLER.

Read more here:  https://www.kylottery.com/apps/about_us/annual_report_home.html

Paid for by Committee To Elect Larry Clark, Donald Clark, Treasurer. | 502-968-3546
LRC photos courtesy of LRC Public Information