Arkansas Lottery posts record sales year, though not record scholarship money | Arkansas Blog

Tuesday, July 10, 2018

Arkansas Lottery posts record sales year, though not record scholarship money

Posted By on Tue, Jul 10, 2018 at 11:59 AM

click to enlarge l9otto.png
The Arkansas Lottery is touting a record year of revenue in the fiscal year ending June 30, but it net profit for scholarships still trails numbers posted in earlier years.

Lottery Director Bishop Woosley said lottery gambling reached $499.7 million in the year, and other revenue put the total at a record $500.4 million. After payouts to ticket buyers and expenses, $92 million was available for scholarships, the third-highest net since $97 million in 2012.

The lottery began in 2009 and had its first full year of operation the next year. It hit $94 million in net proceeds in 2011.

The full year-end figures are available here.

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