Wednesday, July 19, 2006
ATLANTA – Georgia Lottery Corporation (GLC) officials announced today that sales for fiscal year 2006 were the highest in the lottery’s 13-year history. Lottery sales for fiscal year 2006 totaled $3,177,596,071 – more than $255 million ahead of the previous sales record of $2.92 billion in fiscal year 2005.
As a result, the Georgia Lottery’s fiscal year 2006 profits transferred to the State Treasury’s Lottery for Education Account amount to $822,399,000. This is the largest educational transfer in GLC history, surpassing last year’s record transfer by more than $20 million.
“This year’s record-breaking sales and transfer are another significant milestone in the history of this organization, made possible by Georgia Lottery players, retailers and employees,” said GLC President and CEO Margaret DeFrancisco. “We are extremely proud of our success and remain committed to maximizing dollars for the educational programs we fund.”
“What the Georgia Lottery has accomplished in sales and revenue growth, year after year, is amazing,” said David Gale, executive director of the North American Association of State and Provincial Lotteries (NASPL). “The Georgia Lottery’s unparalleled performance has made it not only one of the most successful lotteries in U.S. history, but one of the most successful lotteries in the world.”
“The Georgia Lottery is in an exclusive fraternity, as one of the highest performing lotteries in the world, with its fiscal year 2006 sales exceeding $3 billion. This is indeed an achievement,” commented Terri La Fleur, publisher of La Fleur’s magazine, which ranks more than 175 lottery organizations worldwide each year for its annual lottery sales report.
"In addition to the positive impact the Georgia Lottery has had on education in Georgia, it has also been good for business in the state,” said George M. Israel III, president and CEO of the Georgia Chamber of Commerce. “As demonstrated once again in the year-end numbers, the Georgia Lottery continues to be a business model for success.”
Online and instant games performed well during fiscal year 2006 with a strong boost from instant games. Instant game sales were driven by the extremely popular game $300 Million Gold Rush and its corresponding promotion, Rush to Win.
“Over the past year, we have launched exciting new games including Win for Life, and we have introduced several innovative and exciting promotional campaigns,” said Mrs. DeFrancisco. “We will continue to work hard to raise dollars for education. With every dollar raised by the Georgia Lottery Corporation, the ultimate winners are the students of Georgia.”
The mission of the Georgia Lottery Corporation is to raise revenue for education in Georgia. Since its first year, the Georgia Lottery Corporation has returned over $8.4 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
Media Relations Manager
media [at] galottery [dot] org