2015 Lottery Report to the District

Screen Shot 2016-02-17 at 12.53.43 PMThe Kentucky Lottery achieved record-breaking sales and dividends yet again in fiscal year 2015.

Sales ended the year at $899.1 million. From this amount, dividends to the scholarship, grant, other higher education, and literacu programs rose to a record $236 million (compared to $226.1 million in FYl4).The overall number also includes $9.3 million unclaimed prizes,which are directed by law to the KEES scholarship reserve fund.

Kentucky’s players received record prizes of$556.3 million, winning more than a half billion dollars for the second straight fiscal year. KLC retailers also enjoyed record-breaking commissions of $55.9 million. An additional $2.5 million in state taxes,$147,000 in past due child support, and $372,000in other related debts to the state were withheld from winnings and returned to the Commonwealth.

As a direct result of Kentucky lottery tickets purchased in FYl 15, 89,766 college students in the Commonwealth were awarded $196.9 million in scholarships and grants paid for by Lottery proceeds.The highly successful merit-based KEES (Kentucky Educational Excellence Scholatship)program and a pair of need-based programs have provided more than 1.6 million grants and scholarships worth more than $2.4 billion since the lottery began funding these programs on a graduated basis in l999.

If you’d like to see the full audited financial statement, you can access it on our website at kylottery.com under the “about us” button.

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