Lottery revenue continues to improve against last year | Arkansas Blog

Friday, June 10, 2016

Lottery revenue continues to improve against last year

Posted By on Fri, Jun 10, 2016 at 11:09 AM

The Arkansas Scholarship Lottery reports that it had income of $6.6 million in May, about $200,000 above budget. That put revenue for the first 11 months of the budget year at $74.1 million, about $5 million above budget and $10 million above last year. Another $6 million month would lift the net over $80 million.

Bishop Woosley, the lottery director, said gross sales for the year, with three weeks remaining, were $420.6 million against $408.6 million for the full year ending in 2015.

Net is still short of lottery earnings in the earliest years. For example: Operating income for the first full year of lottery operations, which ended June, 30, 2011,was $93 million.



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