Tuesday, August 14, 2012
ATLANTA – The Georgia Lottery is celebrating a milestone, surpassing $50 billion in sales since the lottery’s inception in 1993.
“Crossing the $50 billion mark in sales is a significant milestone for the Georgia Lottery and the citizens of Georgia, who benefit from the lottery-funded HOPE Scholarship and Pre-K programs,” said Georgia Lottery Corp. President and CEO Margaret DeFrancisco.
The Georgia Lottery recently posted record annual sales of $3.8 billion for fiscal year 2012, which ended June 30.
“We are pleased that our new fiscal year is off to a strong start,” DeFrancisco said. “We remain committed to our mission of responsibly maximizing revenues for HOPE and Pre-K.”
Since its first year, the Georgia Lottery Corp. has returned more than $13.6 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 Pre-K Program. More than 1.4 million students have received HOPE, and more than 1.1 million 4-year-olds have attended the statewide, voluntary prekindergarten program.
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Media Relations Manager
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