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You are here: Home / Soup Du Jour / Florida Lottery reaches $6.2 billion in sales during calendar year 2016

Florida Lottery reaches $6.2 billion in sales during calendar year 2016

Posted on January 3, 2017

The Florida Lottery has reached a new record of more than $6.2 billion in sales during calendar year 2016; surpassing the previous year’s sales by more than $411 million. The Lottery’s 2016 contributions to the state’s Educational Enhancement Trust Fund (EETF) are expected to reach $1.6 billion, a 7% increase over last year.
“Ending 2016 with this never before reached sales record is a tremendous accomplishment for the Florida Lottery,” said Secretary Tom Delacenserie. “Not only do our players and retailers benefit, but more importantly, these record-breaking sales help provide more opportunities for Florida students to ensure they receive the very best education possible.”
This year’s record sales of more than $6.2 billion resulted in the Florida Lottery transferring an average of $135 million toward education every month during 2016.
The Florida Lottery reinvests 98 percent of its revenue back into the state’s economy. With $1.6 billion generated for education, more than $3.9 billion paid to prize winners, and $342 million in retailer bonuses and commissions paid to Florida businesses, the contributions made by the Lottery this calendar year will go a long way in moving the state forward.

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Filed Under: Soup Du Jour Tagged With: $6.2 billion, 2016, calendar year, florida lottery, sales

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