Sunday, April 16, 2006
ATLANTA – The Georgia Lottery Corporation today announced its educational proceeds reached a record-breaking high for the third quarter of fiscal year 2006, which spanned from January 1, 2006 to March 31, 2006. The Georgia Lottery will transfer its fiscal year 2006 third quarter profits to the State Treasury's Lottery for Education Account in the amount of $225,921,000, bringing the total raised for educational programs in Georgia to more than $8.2 BILLION since the lottery's inception in 1993.
"We have experienced a tremendous amount of success this fiscal year, which is great news for the citizens of Georgia, including the families who have benefited or who will benefit from the HOPE Scholarship and the Prekindergarten Program," said Georgia Lottery President and CEO Margaret DeFrancisco. "It has been a phenomenal effort by Georgia Lottery employees and retailers along with the support of our players. We remain focused and committed to our mission of maximizing dollars for the educational programs we fund."
Georgia Lottery transfers to the Lottery for Education Account for the first three quarters of fiscal year 2006 will total more than $622 million – over $22.7 million more than last year's record benchmark – making the first nine months of fiscal year 2006 the most successful start in Georgia Lottery history.
Fiscal year 2006 third quarter sales also soared to a record amount of $885,148,031. The transfer and sales amounts are an all-time record for any quarter in Georgia Lottery history.
Sales for online and instant games remain strong across the board. Instant games have performed particularly well, led by the popular game $300 Million Gold Rush and its corresponding promotion, Rush to Win.
Since its first year, the Georgia Lottery Corporation has returned over $8.2 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs including Georgia's HOPE Scholarship Program and Georgia's Prekindergarten Program. More than 900,000 students have received HOPE Scholarships, and more than 700,000 4-year-olds have attended the statewide, voluntary prekindergarten program.
For more information, please visit the Media Center on the GLC Web site at:
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Georgia Lottery Corporation
Media Relations Department