Tennessee Lottery’s Second Quarter Proceeds Bring Total Raised for Education to More Than Five and a Quarter Billion Dollars
NASHVILLE, Tennessee (January 16, 2020) — The Tennessee Education Lottery Corporation (TEL) today announced its FY2020 second quarter (October 1 – December 31, 2019) transfer of $103,376,000 to the Lottery for Education Account, bringing the total raised for education since January 20, 2004 to $5,274,330,000.
To date in FY2020, the TEL has generated more than $200 million for education in Tennessee and more than $8 million for after-school programs.
“January 20 will be our 16th anniversary, and just as it was on Day 1, everything we do is focused on our larger mission to serve Tennessee by generating proceeds for education,” TEL President and CEO Rebecca Hargrove said.
“We will continue to develop new and innovative products and services that support those initiatives.”
Additional highlights from FY2020 2Q include:
- For the month of December, instant ticket sales of $134.8 million and total sales of $161.2 million were the highest for any December since inception;
- Year to date, instant ticket sales are 2.0 percent ahead of the prior year; and
- Tennessee-only, drawing-style games (Cash 3, Cash 4, Tennessee Cash and Keno-To-Go) are 7.9 percent higher than the prior year.
About the Tennessee Education Lottery Corporation
The Tennessee Education Lottery Corporation operates entirely from the revenue it generates through the sale of its products. Since January 20, 2004, the Lottery has raised more than $5.25 billion to fund designated education programs, including college grants, scholarships, Drive to 55 initiatives and after-school programs. In addition to the educational beneficiaries, players have won more than $14.5 billion in prizes and Lottery retailers have earned more than $1.3 billion in retailer commissions.
For additional information, visit tnlottery.com and follow the TEL on Facebook, Twitter & Instagram.
CONTACT: Dave Smith, T: 615-324-6556, E: Dave.Smith@tnlottery.com
SOURCE: Tennessee Education Lottery Corporation.Tags: Tennessee Education Lottery