Lottery Sales Up 13 Percent Over Last Fiscal Year
SACRAMENTO – The California Lottery today announced that for the second year in a row, its sales have gone up – way up. For Fiscal Year 2010-2011, the Lottery reports sales of nearly $3.44 billion, which represents a 13 percent increase from last fiscal year's total of $3.04 billion.
In total, the Lottery sent nearly $40 million more to schools this year than last year – almost $1.13 billion in FY 2010-2011 versus nearly $1.09 billion in FY 2009-2010.
"We're excited about how far we've come in such a short period of time," Lottery Commission Chairman John Mass said. "We're proud to be able to provide more than a billion dollars to education for the 11th consecutive year, but we want to do more. With great new games, promotions, and a responsible business plan, the Lottery is poised to take its sales to new highs in 2011-2012."
In the past year, California schools received more money thanks to a sales increase fueled by strong Scratchers and MEGA Millions sales. The MEGA Millions game was boosted by an award-winning advertising campaign and two jackpots in excess of $300 million. Scratchers sales saw an enormous increase due to the Lottery's ability to control how much money it pays out in prizes, a privilege that was granted by the signing into law of Assembly Bill 142 by Assemblymember Mary Hayashi (D-Hayward) in April 2010.
"I'm proud to say that the legislation I authored has achieved exactly what we intended it to achieve – more money for schools," Hayashi said. "But this is just the beginning. With the Lottery's sustained growth strategy, this law will continue to pay dividends for years to come."
At the time Hayashi's legislation was signed into law, the Lottery unveiled a new three year business plan that was designed to fundamentally strengthen how the Lottery conducts business. The plan has already proven its value by allowing the Lottery to further streamline its business practices.
The mission of the California Lottery is to provide supplemental funding to California schools while simultaneously supporting local communities. More than 94 cents of every dollar spent by our players goes back to local communities in the form of contributions to public schools and colleges, prizes and retail compensation. Since 2000, Lottery players have contributed $1 billion to public schools each year, and, since we began in 1985, Lottery players have contributed a total of more than $24 billion to education.