NASHVILLE— The Tennessee Education Lottery Corporation has again set records for sales as it closes out its third quarter of Fiscal Year 2018. Additionally, gross sales since the beginning of Fiscal Year 2018, which began on July 1, 2017, are 9 percent ahead of the same time period last year.
The third quarter’s $107.3 million transfer to the Lottery for Education Account is the second highest of any quarter since the Lottery began selling tickets on January 20, 2004, and brings the total amount generated for education to more than $4.5 billion.
“The Lottery continues its commitment to raising the bar for our success,” said Rebecca Hargrove, President and CEO of the Tennessee Lottery. “And record sales equal more dollars for the grants and scholarships that allow any eligible student to enroll in a post-secondary school in Tennessee.”
Highlights from the third quarter period of January 1, 2018, through March 31, 2018, include:
- Third quarter instant ticket sales of $364.6 million were the highest for any quarter since inception.
- March total gross sales of $172.5 million were the highest ever for the month of March and second highest for any month since inception.
- March’s instant ticket sales of $138.7 million were the second highest since ticket sales began.
“With the Lottery’s stellar year-over-year performance, Lottery-funded education initiatives continue to grow and achieve national recognition,” said Ms. Hargrove.
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 $4.5 billion to fund designated education programs, including after-school programs, college grants and scholarships and the Governor’s Drive to 55 initiatives.
In addition to the educational beneficiaries, players have won more than $12.4 billion in prizes and Lottery retailers have earned more than $1.1 billion in retailer commissions.
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