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Texas lottery says record sales year

AUSTIN (KXAN) — The Texas Lottery announced Monday that it achieved record sales for the 12th consecutive fiscal year.

according to press releasethe lottery said it generated $8.297 billion in sales in fiscal year 2022. About $6.727 billion or 81.1% came from scratch tickets and the rest from draw games.

The lottery says it has seen an overall increase in sales of $3.219 billion, or 63.4%, over the past five years.

Gary Grief, Executive Director of Texas Lottery, said in a press release: “Despite competing with the resurgence of many entertainment options after the COVID-19 pandemic and rising inflation, this latest sales record is underpinned by two major milestones. The US lottery industry’s first ever $100 scratch ticket game has launched, as will the $1.28 billion Mega Millions jackpot advertised in the July 29, 2022 draw.”

The agency brought in a record $1.998 billion to the Foundation School Fund and Veterans Assistance Fund, according to the lottery.

The lottery said the Texas legislature has donated $29.7 billion to public education in the state and more than $192 million to Texas veterans since dedicating such funds.

https://www.kxan.com/news/texas/texas-lottery-says-its-had-a-record-sales-year/ Texas lottery says record sales year

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